Workday Advanced Compensation Functional Consultant

• 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.
  

Requirements

• 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.
  

• Workday Certification in Advanced Compensation.
  
• Experience with related modules such as Compensation, Recruiting, and Absence Management.
  
• Prior involvement in Workday implementation or optimization projects.
  

• Strong communication and stakeholder management skills.
  
• Ability to work independently and in a team environment.
  
• Detail-oriented with a focus on accuracy and compliance.