How does Workday HCM contribute to employee retention?

Workday HCM contributes to employee retention significantly through its career management and engagement tools. These features are essential as they help employees in their professional development and align their career goals with the organization's objectives. By offering various resources such as performance feedback, development plans, and growth opportunities, employees feel valued and supported in their career paths.

Moreover, engagement tools allow organizations to maintain a pulse on employee satisfaction and engagement levels, which are critical for retention. When employees are engaged and see a clear pathway for advancement within the company, they are more likely to remain with the organization. This proactive approach in managing employees' careers not only enhances employee morale but also fosters loyalty, ultimately contributing to a stable and committed workforce.

In contrast, the other options fail to support employee retention positively. Lowering salary levels can demotivate employees, while automating payroll processing, although efficient, does not directly influence retention. Lastly, limiting training opportunities hampers employees’ growth and development, making them more likely to seek opportunities elsewhere.