Workday Advanced Compensation Functional Consultant

Key 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.
  
• 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 ...