Workday Payroll is a cloud-based payroll management system that automates and streamlines payroll processes. It handles payroll calculations, tax compliance, and reporting, providing real-time analytics and integration with other Workday applications for comprehensive workforce management.
About Workday Payroll
Workday Payroll was created in 2006 as part of Workday Inc.'s suite of cloud-based enterprise applications. It was designed to address the complexities of payroll management by offering automated calculations, tax compliance, and real-time analytics. The system aimed to integrate seamlessly with other Workday applications to provide a unified solution for workforce management.
Strengths of Workday Payroll include its real-time analytics, integration with other Workday applications, and automated compliance updates. Weaknesses may involve a steep learning curve and higher costs compared to some alternatives. Competitors include ADP, Paychex, and Ceridian.
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How to hire a Workday Payroll expert
A Workday Payroll expert must have skills in payroll processing, tax compliance, and data analysis. Proficiency in configuring and customizing Workday Payroll modules, knowledge of Workday Report Writer, and experience with EIB (Enterprise Interface Builder) for data integration are essential.
*Estimations are based on information from Glassdoor, salary.com and live Howdy data.
USA
$ 224K
Employer Cost
$ 127K
Employer Cost
$ 97K
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