Comparing ultipro hcm vs workday hcm

You are comparing ultipro hcm & workday hcm on Analyzo. We have listed all the features for both these products in the table below, enabling you to view and compare features across them easily. Analyzo has listed the best products in Compensation Management Software, you can narrow down products based on their prices, features and your requirements. Click here to see other products in Compensation Management Software.

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Companies

  • Ultimate Software
  • Workday

Pricing

  • On Request
  • On Request

Descriptions

  • Having the right information and tools readily available is key to making informed compensation decisions for your employees. UltiPro Compensation Management helps you make effective decisions regarding future compensation for individuals, or entire teams.

    With UltiPro Compensation Management managers can quickly and easily review salary budgets and guidelines, and determine the best way to allocate pay increases to their employees within their budget. UltiPro delivers an efficient and configurable process for allocating rewards, providing the business and talent data necessary to make informed decisions for all employees. A rich and intuitive experience enables managers to easily navigate through the process and keep the focus on their people.

    Key features -

    • Submit pay increases for processing with the click of a button — no manual calculations or spreadsheets required
    • Access an individual’s talent data and compensation history when making compensation decisions
    • Easily sort and filter data when creating compensation plans
    • Create budgets in local currencies
    • Instantly view salary range exceptions via UltiPro’s embedded analytics so you can easily assess your people data and take appropriate action
    • Make informed compensation decisions for employees
  • Define compensation packages across all areas of your organization and around the globe using just one system. With compensation management software from Workday, you gain the insight needed to create compensation plans that attract and retain top talent.

    No two organizations handle employee pay in exactly the same way. That’s why Workday Compensation management software gives you the tools to customize compensation packages and adjust them on the fly.

    • Align employee awards with business objectives and results.
    • Define packages, plans, and programs using data from Workday and the marketplace.
    • Specify compensation components (base pay, bonuses, allowances, and so on) to measure total pay.
    • Easily calculate unique merit, bonus, and stock requirements.
    • Access contextual analytics when you need them to make better pay decisions.

    Handle country-specific regulations and manage your global workforce from an easy-to-use compensation management system.

    • Set up flexible location profiles, currency options, and allowance plans.
    • Gain insight into compensation adjustments with detailed audit reports.
    • Use allowance plans to provide global benefits options.
    • Collaborate in real time during merit reviews, giving managers visibility.

    Gain deeper insights, more automation, and fewer system integrations with a single system for HR and compensation management.

    • Use one source of data to plan, analyze, and execute compensation packages.
    • Manage job changes, ad hoc promotions, and more during compensation review.
    • Gauge an employee’s total pay to make more-informed decisions.
    • Trigger changes to compensation based on employee updates in Workday.
    • Enhance the merit review process with adjustable plan targets.

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