Payroll Year End for Workday®
- Coordinate with third party provider, to identify when fourth quarter and/or annual integration must be processed.
- Clean up process payroll input, where necessary, for Box 13, Retirement Plan.
- New benefit plans/deductions? Are they all in and tested?
- Review EINs and state IDs.
- Run ‘Create W-2 Data’.
- Also, some links for those who use Workday® UK Payroll
Workday® Benefits End-of-Year Reminders
2019 is quickly coming to a close. By now, you have survived Open Enrollment and you’re breathing a sigh of relief. But not so fast! While most end-of-year activities for benefits are typically addressed during preparations for Open Enrollment there are a few items to check/double-check.
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Workday® Financials – Year End Close Process
It’s December. A good time to double check your plans before next year. On this blog post, you can find the Workday® Financials Year End Close Process tasks and items to take into account as you are wrapping up 2019.
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Workday® Recruiting – Year End Planning!
Yes. You read that right. Year end planning for recruiting. In HR, this means the trials and tribulations of Year End processing. Our benefits partners are working though Open Enrollment issues, our Payroll team preparing for W2 season and all the new benefit deduction codes in the new year, and Recruiting is…Well, we’re still trying to find talent!
But, is there something we should be doing to help ourselves in 2020 and beyond? Read the blog to find out.
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Workday® Comp Year End
One adjustment that many companies address at this time of year is updating grade and grade profile ranges and making tweaks to their compensation structure. For many companies, this could be a simple EIB.
However, a good percentage of companies will have significant changes to make driven by new compensation survey data. Read the blog to find out more.
