Absence Management and Workday HCM Kit (Publication Date: 2024/03)

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Discover Insights, Make Informed Decisions, and Stay Ahead of the Curve:



  • Do you feel your organization has adequate reporting & analytic resources on absence management?
  • Has your organization considered shift requirements and cover for absence?
  • What assumptions have been made in the absence of information or data?


  • Key Features:


    • Comprehensive set of 1551 prioritized Absence Management requirements.
    • Extensive coverage of 107 Absence Management topic scopes.
    • In-depth analysis of 107 Absence Management step-by-step solutions, benefits, BHAGs.
    • Detailed examination of 107 Absence Management case studies and use cases.

    • Digital download upon purchase.
    • Enjoy lifetime document updates included with your purchase.
    • Benefit from a fully editable and customizable Excel format.
    • Trusted and utilized by over 10,000 organizations.

    • Covering: Equity Compensation, Merit Increases, Dashboards And Reports, Skills And Certifications, Payroll Processing, Promotions And Transfers, Project Tracking, 360 Degree Feedback, Learning Needs Assessments, Management Team, Bonus And Incentive Programs, Employee Self Service, Learning And Development, Direct Deposit, Health And Safety Management, Performance Improvement Plans, Employee Incentives, Organizational Skills, Health Insurance, Rewards And Recognition, Salary Surveys, Digital Workplace Strategy, Long Term Incentives, Focus Areas, Online Learning Content, Remote Work Jobs, Diversity Recruiting, Overtime Tracking, Continuous Improvement, Employee Stock Purchase Plans, Conflict Resolution, Talent Acquisition, Shift Scheduling, Job Profile Management, Employee Relations, Disability Accommodations, Workforce Planning, Training Activities, Wellness Programs, Performance Based Pay, Roles And Permissions, Talent Management Planning, Anticipating Change, Training ROI Analysis, Health Savings Accounts, Grievance Management, Payroll Deductions, Sick Leave, Career Progression Planning, Tax Withholding, Flexible Spending Accounts, Performance Reviews, Timing Constraints, Authentication Process, Short Term And Long Term Disability, Human Resources, Absence Management, Benefits Administration, Career Development Plans, Workday HCM, Employee File Management, Paid Parental Leave, Electronic Filing, Regulatory Compliance, Timesheet Approvals, Employee Engagement, Goal Setting, Compliance And Risk Management, Reskilling And Upskilling, Expense Reimbursement, Salary Adjustments, Employee Data Management, Organizational Transition, Year End Processing, Worker Compensation, Retirement Plans, Competency Management, Onboarding Process, HR Analytics, Organizational Performance Management, Leave Of Absence Requests, Cost Of Living Adjustments, Time And Attendance Policies, Compensatory Time, Paid Time Off, Employee Surveys, Change Management User Adoption, Forecast Accuracy, Deep Learning, Master Data Management, Internal Mobility, Employee Assistance Programs, Compensation Management, Background Checks, Diversity And Inclusion, Succession Planning, Expense History, Compensation Data Analysis, Labor Laws And Regulations, Employee Engagement Surveys, Manager Self Service, Closing Strategies, ADA Accommodations, Absence Balances, Time Off Requests, Employee Wellbeing, Performance Management




    Absence Management Assessment Dataset - Utilization, Solutions, Advantages, BHAG (Big Hairy Audacious Goal):


    Absence Management

    Absence management refers to the processes and procedures put in place by an organization to effectively handle and track employee absences. This includes monitoring, reporting, and analyzing absences to ensure adequate coverage and minimize disruptions to operations. The question of whether an organization has sufficient resources for reporting and analyzing absences refers to its ability to effectively manage and address employee absences.


    1. Utilize Workday′s absence management module for real-time reports and analytics on employee absences. (Real-time data tracking)

    2. Utilize Workday′s customizable absence dashboards to gain insights into trends and patterns in employee absences. (Visual data representation)

    3. Enable managers to easily access and track employee absences with the self-service functionality of Workday. (Efficient time tracking)

    4. Implement automated absence approval workflows to streamline the process and reduce administrative tasks. (Time-saving measures)

    5. Use Workday′s historical data on absences to inform future workforce planning and management strategies. (Data-driven decision making)

    6. Leverage Workday′s absence forecasting feature to anticipate and proactively manage potential absence spikes. (Proactive absence management)

    7. Take advantage of Workday′s mobile app for on-the-go visibility and management of absence requests and approvals. (Convenient access)

    8. Leverage Workday′s integration capabilities to connect absence data with other HR functions, such as performance evaluations and payroll. (Consolidated data management)

    9. Use Workday′s absence management training resources to train new employees and managers on best practices. (Effective onboarding)

    10. Utilize Workday′s robust security measures to ensure confidentiality and compliance with privacy laws for absence data. (Protected data management)

    CONTROL QUESTION: Do you feel the organization has adequate reporting & analytic resources on absence management?


    Big Hairy Audacious Goal (BHAG) for 10 years from now:

    By the year 2030, our organization has become a global leader in absence management with a track record of successfully reducing absenteeism rates by 50% across all industries. Our advanced reporting and analytics resources allow us to accurately predict and prevent absences, improving employee productivity and overall company performance.

    Our data-driven approach has revolutionized absence management, providing companies with valuable insights and customized solutions to address their unique employee needs. We have established partnerships with top universities and research institutions to continuously innovate and stay ahead of industry trends.

    Our services are now sought after by companies worldwide, and our team of experts has expanded to include top talent from various fields such as psychology, human resources, and technology. We are proud to have made a significant impact on the well-being of employees and the success of businesses globally.

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    Absence Management Case Study/Use Case example - How to use:


    Synopsis:
    The client, a medium-sized organization in the healthcare industry, has experienced a significant increase in employee absences over the past year. This has resulted in significant financial losses and reduced productivity, leading the senior management team to identify absence management as a critical issue that needs to be addressed. As a result, the organization has approached our consulting firm to assess their current absence management processes and provide recommendations for improvement.

    Methodology:
    In order to address the client′s concerns, our consulting firm adopted a three-phase methodology which involved assessment, analysis, and implementation. The first phase involved conducting a thorough assessment of the current absence management processes within the organization. This was done through a combination of on-site observations, interviews with key stakeholders, and review of existing absence management policies and procedures.

    In the second phase, our team performed a detailed analysis of the data collected in the assessment phase. This included identifying the underlying causes of absences, analyzing trends, and identifying any gaps in the current absence management process.

    Based on the results of the analysis, our team then provided recommendations for improvement in the final phase. These recommendations focused on addressing the identified gaps and implementing best practices in absence management.

    Deliverables:
    As part of our consulting engagement, we provided the client with a comprehensive report that outlined our findings and recommendations. This report included a detailed analysis of the current absence management process, an assessment of the organization′s reporting and analytical resources, and a comparison of these resources with industry best practices. We also provided a roadmap for implementing our recommended changes, along with a cost-benefit analysis to help senior management prioritize the suggested improvements.

    Implementation Challenges:
    During the project, our team encountered a few challenges related to the implementation of our recommendations. The primary challenge was the lack of a centralized absence tracking system within the organization. As a result, the process of collecting and analyzing data was tedious and time-consuming. Additionally, there was a lack of standardization in tracking and reporting absences, which made it challenging to compare data from different departments and locations.

    Key Performance Indicators (KPIs):
    To measure the success of our recommendations, we identified key performance indicators (KPIs) that would track changes in the organization′s absence management process. These KPIs included:

    1. Absence rates: This measures the frequency at which employees are absent from work. It provides an overall view of the organization′s absenteeism levels and is a good indicator of employee morale and engagement.

    2. Absence cost per employee: This measures the financial impact of absences on the organization. It includes direct costs, such as sick pay and overtime costs, as well as indirect costs, such as reduced productivity and increased workload for other employees.

    3. Return-to-work rate: This tracks the percentage of employees who return to work after a period of absence. A low return-to-work rate can indicate underlying issues in the organization′s absence management process.

    Management Considerations:
    In order to maintain the effectiveness of the recommended changes, we advised the client to regularly monitor the identified KPIs and make necessary adjustments as needed. We also recommended creating a dedicated absence management team to oversee the process and provide ongoing support to managers and employees.

    Furthermore, we suggested implementing regular training programs for managers on how to effectively manage absences and promote a healthy work-life balance for employees. Effective communication was also highlighted as a key factor in reducing unnecessary absences and promoting transparency and accountability within the organization.

    Citations:
    1. According to a study by ADP Research Institute, absence management is a key challenge for many organizations, with an average absenteeism rate of 5.4%, resulting in a cost of 8% of payroll expenses. (ADP, 2018)

    2. A report by the International Foundation of Employee Benefit Plans found that organizations with strong absence management programs saw a 35% reduction in total absenteeism rates. (IFEBP, 2018)

    3. A study by the Society for Human Resource Management (SHRM) found that effective absence management practices can reduce employee absences by 16%. (SHRM, 2017)

    Conclusion:
    In conclusion, our consulting engagement revealed that the organization did not have adequate reporting and analytic resources on absence management. This was a significant barrier to effectively managing absences and led to increased financial losses and reduced productivity. Through our methodology, we were able to identify key areas of improvement and provide recommendations for the organization to implement best practices in absence management. By regularly monitoring key performance indicators and implementing our suggested changes, the organization can successfully reduce absences, improve employee morale, and increase productivity.

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