Workday Core Compensation and Advanced Compensation Specialist

Infosys

Chennai

Hybrid

INR 900,000 - 1,300,000

Full time

5 days ago
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Job summary

Infosys in Chennai seeks a Workday compensation specialist to configure and maintain Core & Advanced Compensation modules, including plans, grade structures, merit matrices, bonuses, and cycles. You will collaborate with HR CoE and operate in global regions, ensuring data accuracy, testing releases, and reporting.

This role emphasizes process improvement, analytics, and stakeholder training. You'll provide Tier 2/3 support, document changes, and enable pay-for-performance strategies across the

Responsibilities

  • Configure and maintain Workday Core Compensation and Advanced Compensation modules, including compensation plans, grade structures, merit matrices, and bonus plans.
  • Manage the setup and administration of compensation cycles (e.g., annual merit, bonus, stock grants).
  • Support configuration of compensation eligibility rules, guidelines, and approval workflows.
  • Ensure alignment between compensation structures, job profiles, and organizational hierarchies.
  • Test and validate Workday system updates, releases, and new functionality related to compensation.
  • Partner with CoE Compensation and HR teams to improve compensation planning processes.
  • Identify opportunities to automate manual tasks and streamline workflows within Workday.
  • Provide Tier 2 and 3 support for compensation-related system issues and user inquiries.
  • Document business processes, configuration decisions, and change management activities.
  • Manage the Annual Compensation Review (ACR) process in Workday, including setup, testing, rollout, and post-cycle analysis.
  • Partner with HR and business leaders to configure and test compensation review templates, eligibility rules, and merit budgets.
  • Ensure data accuracy and secure processing of compensation events across global regions.
  • Provide analytics and insights to support pay-for-performance and compensation planning strategies.
  • Develop and maintain reports and dashboards related to compensation data, pay equity, and reward distribution.
  • Provide insights and data to HR leadership and Compensation teams for budgeting and benchmarking.
  • Ensure data quality and compliance with corporate governance and audit standards.
  • Provide compensation reports to support CSRD Report (etc. Gender Pay Gaps, Living wages)
  • Collaborate with HRIS, HR Operations, Finance, and CoE Compensation teams to ensure seamless integration and accuracy across processes.
  • Create and deliver training materials and documentation for HR and business users.
  • Support communication and change management efforts related to compensation processes and enhancements.
  • Use Workday Help to support and process employee cases.

Job description

System Configuration & Maintenance
  • Configure and maintain Workday Core Compensation and Advanced Compensation modules, including compensation plans, grade structures, merit matrices, and bonus plans.
  • Manage the setup and administration of compensation cycles (e.g., annual merit, bonus, stock grants).
  • Support configuration of compensation eligibility rules, guidelines, and approval workflows.
  • Ensure alignment between compensation structures, job profiles, and organizational hierarchies.
  • Test and validate Workday system updates, releases, and new functionality related to compensation.
Process Optimization & Support
  • Partner with CoE Compensation and HR teams to improve compensation planning processes.
  • Identify opportunities to automate manual tasks and streamline workflows within Workday.
  • Provide Tier 2 and 3 support for compensation-related system issues and user inquiries.
  • Document business processes, configuration decisions, and change management activities.
Compensation Cycle Management
  • Manage the Annual Compensation Review (ACR) process in Workday, including setup, testing, rollout, and post-cycle analysis.
  • Partner with HR and business leaders to configure and test compensation review templates, eligibility rules, and merit budgets.
  • Ensure data accuracy and secure processing of compensation events across global regions.
  • Provide analytics and insights to support pay-for-performance and compensation planning strategies.
Reporting & Analytics
  • Develop and maintain reports and dashboards related to compensation data, pay equity, and reward distribution.
  • Provide insights and data to HR leadership and Compensation teams for budgeting and benchmarking.
  • Ensure data quality and compliance with corporate governance and audit standards.
  • Provide compensation reports to support CSRD Report (etc. Gender Pay Gaps, Living wages)
Stakeholder Collaboration & Training
  • Collaborate with HRIS, HR Operations, Finance, and CoE Compensation teams to ensure seamless integration and accuracy across processes.
  • Create and deliver training materials and documentation for HR and business users.
  • Support communication and change management efforts related to compensation processes and enhancements.
  • Use Workday Help to support and process employee cases.

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