A Case Study: Using Workday Adaptive Planning for a Comprehensive View into Total Compensation and Corporate Bonuses
A leading software-driven cloud networking solution provider for large data center storage and computing environments.
The company’s sales employee compensation environment is strongly structured around a comprehensive portfolio of bonuses, equity, and stock options. In the existing Workday environment they had lots of information; however, HR lacked a planning model that showed compensation in 3 month, 6 month, and 12 month increments for forward looking compensation decision making. Lacking this visibility made calculating compensation packages a complicated and arduous task with very little ability to forecast different compensation scenarios.
With Workday Adaptive Planning, Active Cyber and Core Team were able to build a forecasting environment which provided a comparative view of future total compensation visibility, catered to this company’s individual needs and taking into consideration equity and stock options as well as regular compensation. Through the power of Workday Adaptive Planning, Active Cyber also provided the ability to model this data over various lengths of time with very little effort. This change has streamlined and revolutionized HR and Finance’s ability to accurately and efficiently forecast total compensation with autonomy. With the success of this instance, this company also plans to have Active Cyber implement Workday Adaptive Planning for Finance.
It is important to note that this instance of Workday Adaptive Planning, developed and implemented by Active Cyber, is a landmark first of its kind solution: providing a comprehensive view into total compensation and corporate bonus modeling. Active Cyber continually strives to stay ahead of the curve and developing innovative uses cases such as these to meet each customer’s unique needs and increase the ROI of a Workday Adaptive Planning purchase.