Workday Advanced Compensation Functional Consultant

Bangalore - India

Monthly Salary: Not Disclosed

Experience Required: 5years

Posted on: 6 hours ago

Vacancies: 1 Vacancy

Job Summary

Key Responsibilities

Design and configure advanced compensation components including salary planning bonus/incentive plans and stock plans.
Set up compensation review templates guidelines and eligibility rules for advanced compensation programs.
Implement business processes for advanced compensation events (e.g. merit cycles bonus payouts stock grants).
Configure compensation grids ranges and budget pools for planning cycles.
Perform regular audits of advanced compensation plans and eligibility rules.
Update advanced compensation structures during organizational changes or annual cycles.
Maintain security roles and domain policies for advanced compensation data.
Diagnose and resolve issues related to compensation calculations eligibility and workflows.
Build custom reports and dashboards for advanced compensation analytics using Workday Report Writer.

Requirements

Required Skills & Qualifications

Strong hands-on experience with Workday Advanced Compensation configuration.
Knowledge of salary planning bonus/incentive plans and stock plan administration.
Familiarity with Workday security model and domain policies.
Experience in Workday reporting tools.
Excellent problem-solving and troubleshooting skills.
Strong understanding of HR processes and compliance requirements.

Preferred Experience

Workday Certification in Advanced Compensation.
Experience with related modules such as Compensation Recruiting and Absence Management.
Prior involvement in Workday implementation or optimization projects.

Soft Skills

Strong communication and stakeholder management skills.
Ability to work independently and in a team environment.
Detail-oriented with a focus on accuracy and compliance.

Required Skills:

Workday AI Workday Illustrate

Key Responsibilities Design and configure advanced compensation components including salary planning bonus/incentive plans and stock plans.Set up compensation review templates guidelines and eligibility rules for advanced compensation programs.Implement business processes for advanced compensation e...