Workday Compensation Reviews & Product Details - Page 8

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Workday Compensation provides strategic tools to craft competitive packages, address pay inequities, and reward performance, enabling optimal decisions to attract and retain top talent. Leverage rich insights from dashboards and real-time data to manage compensation events, recognize top performers, and navigate market dynamics with integrated survey data. The Pay Equity Discovery Board helps identify and close pay gaps, fostering fairness. This data-driven approach leads to more equitable, market-guided packages and provides employees with transparency through on-demand total rewards statements. By activating a pay-for-performance model, Workday helps reduce planning cycles and improve employee retention, ensuring your compensation strategy is both effective and efficient.