Role & responsibilities
Job Description: Workday Advanced Compensation Functional Consultant
Experience: 68 Years
Role: Workday Advanced Compensation Functional Consultant
Job Summary
We are looking for an experienced Workday Advanced Compensation Functional Consultant with strong hands-on expertise in configuring, implementing, and optimizing Workday Advanced Compensation. The ideal candidate should have experience in salary planning, merit cycles, bonus and incentive plans, eligibility rules, compensation budgets, security, and reporting.
Key Responsibilities
- Configure and maintain Workday Advanced Compensation plans, including salary, merit increases, bonuses, incentives, and stock awards.
- Set up compensation review templates, guidelines, eligibility rules, and compensation packages.
- Configure and support annual compensation reviews, merit cycles, bonus payouts, and stock grant processes.
- Manage compensation grids, salary ranges, budget pools, and planning guidelines.
- Configure and maintain compensation-related business processes and workflows.
- Perform audits to ensure the accuracy of compensation plans, eligibility criteria, and calculations.
- Maintain Workday security roles and domain security policies for compensation data.
- Troubleshoot and resolve issues related to compensation configuration, calculations, eligibility, and workflows.
- Develop custom reports and dashboards using Workday Report Writer for compensation analytics.
- Collaborate with HR, Payroll, and other functional teams to ensure seamless integration with Workday HCM and related modules.
- Support Workday implementations, enhancements, annual compensation cycles, and system optimization initiatives.
- Ensure data accuracy, confidentiality, and compliance with organizational policies.
Required Skills and Qualifications
- 6-8 years of experience in Workday, with strong hands-on expertise in Advanced Compensation.
- Proven experience configuring salary planning, merit increases, bonus plans, and incentive programs.
- Strong knowledge of compensation review templates, eligibility rules, guidelines, and budget pools.
- Experience with Workday business processes, security roles, and domain security policies.
- Proficiency in Workday Report Writer and custom reporting.
- Good understanding of Workday Core HCM and compensation-related HR processes.
- Experience in troubleshooting and resolving configuration and production issues.
- Strong analytical, problem-solving, and communication skills.
Preferred Qualifications
- Workday Advanced Compensation certification.
- Experience in Workday implementation, support, or optimization projects.
- Knowledge of related Workday modules such as Core HCM, Recruiting, and Absence Management.
- Experience supporting global compensation processes and annual review cycles.
Soft Skills
- Excellent communication and stakeholder management skills.
- Strong attention to detail and accuracy.
- Ability to work independently and collaboratively.
- Good documentation and problem-solving skills.