Advanced

Skill: Workday Core and Advanced Compensation

Location: PAN INDIA

Client: LTI Mindtree

Experience: 5+

For Workday Core and Advanced Compensation need advanced compensation experience mentioned in CV and hands-on experience. For this weekend 14th Mar Pan-India (Virtual Drive)

Workday Core & Advanced Compensation are modules within the Workday Human Capital Management used by organizations to manage employee pay, salary planning, bonuses, and compensation policies.

Below are the main skills typically required for a Workday Core & Advanced Compensation role:

Main Skills

1. Workday Core Compensation

• Compensation grades and grade profiles
• Salary plans and compensation packages
• Allowances and compensation eligibility rules
• Job profiles and pay ranges
• Compensation basis configuration

1. Workday Advanced Compensation

• Compensation review cycles
• Merit, bonus, and stock planning
• Compensation worksheets configuration
• Budgeting and allocation rules
• Proration rules and eligibility criteria

1. Workday Configuration

• Business process framework (BPF)
• Security roles and permissions
• Condition rules and calculated fields

1. Compensation Planning

• Merit increases
• Promotions and adjustments
• Bonus and incentive plans
• Compensation guidelines

1. Reporting & Analytics

• Workday reports (Advanced, Matrix, Composite)
• Compensation dashboards
• Data validation and analysis

1. Integration Knowledge

• Workday integrations (EIB, Core Connectors)
• Payroll integration support

1. Testing & Implementation

• Workday implementation lifecycle
• UAT and regression testing
• Configuration documentation

1. Domain Knowledge

• HR compensation policies
• Salary structures and pay equity concepts