Description
Workday was founded by David Duffield, the creator and former CEO of PeopleSoft, along with Aneel Bhusri, the former Chief Strategist at PeopleSoft. The company offers a comprehensive set of cloud-based enterprise applications designed to unify human resources into a single, user-friendly platform. Workday’s on-demand software combines advanced financial management with human capital management (HCM), providing businesses with integrated solutions that are cost-effective yet innovative. The Workday Advanced Compensation, Benefits, and Recruiting module simplifies the process of defining compensation packages within an organization, all through a single system. This enables teams to collaboratively review data and allocate appropriate rewards to employees.
Job Outlook
Workday Advanced Compensation, Benefits, and Recruiting provide valuable insights and opportunities for professionals aiming to specialize in this field.
Course Objectives
Upon completion of this training, participants will:
- Grasp the essential principles of Advanced Workday Compensation.
- Learn how to configure merit plans and design custom merit statements.
- Understand how to process and configure merit, bonus, and stock plans.
- Gain practical experience in administering and managing merit, bonus, and stock compensation as a compensation administrator.
- Acquire skills in releasing merit statements and requesting merit adjustments using the Enterprise Interface Builder (EIB).
- Master the use of eligibility rules, waiting periods, time proration, and next-level participants in the compensation review process.
- Conduct advanced compensation mass uploads using the EIB.
Prerequisites
Participants should have:
- A foundational understanding of Compensation Basics, or
- A solid knowledge of HCM Fundamentals.
Who Should Attend
This course is ideal for mid- to senior-level professionals in HR, Finance, and Legal sectors who work with executive compensation. It is also well-suited for consultants advising companies on executive compensation across industries. The training is beneficial for:
- Graduates and professionals transitioning to Workday Advanced Compensation, Benefits, and Recruiting roles
- Functional Leads
- Workday Administrators
- Executives
- HR Generalists
- Managers and Employees
- Project Managers
- IT Specialists
- Fresh Graduates
Prepare for Certification
Our comprehensive training and certification program will equip you with a deep understanding of the key concepts of Workday Advanced Compensation. Earning this certification can significantly enhance your career prospects, demonstrating your expertise as a consultant and validating your ability to produce consistent, high-quality results. Becoming certified in Workday Advanced Compensation not only boosts your earning potential but also confirms your readiness to manage complex compensation systems efficiently.
