Workday Advanced Compensation Functional Consultant

SIRO; India; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

SIRO seeks a skilled HRIS/Workday professional to design and configure advanced compensation components for global programs. You will own salary planning, bonus/incentive plans, and stock plan administration, translating business rules into scalable Workday configurations.

You will set up review templates, eligibility rules, and security policies, run audits, and build dashboards to monitor compensation analytics using Workday report writer.

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.

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.

Skills

Workday Adv Comp

Salary planning

Stock plan admin

Workday reporting

HR compliance

Problem solving

Tools

Workday security model

Workday configuration

Job description

• 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.

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.