Workday Compensation

3 weeks ago

Mumbai, India Talent Worx Full time

Workday Compensation Specialist Position Summary We are seeking a seasoned Workday Compensation Specialist with 5+ years of hands-on experience in configuring, managing, and optimizing Workday Compensation modules. The successful candidate will lead the end-to-end design, deployment, and ongoing support of compensation processes within Workday, ensuring seamless and compliant compensation cycles that meet strategic business goals. Key Responsibilities - Configure, maintain, and enhance the Workday Compensation module, including compensation plans, grades, bonus programmes, merit cycles, and advanced compensation processes. - Lead and support annual compensation cycles (merit, bonus, stock, and other programmes) using Workday Advanced Compensation functionality. - Partner with HR, compensation, payroll, and business leaders to gather requirements and translate them into effective Workday solutions. - Analyze, design, and document compensation business processes and data flows within Workday. - Troubleshoot and resolve system issues, data discrepancies, and process gaps related to compensation. - Develop, test, and deploy new compensation plans, rules, and processes aligning with regulatory and organizational standards. - Generate advanced reports and analytics to support compensation planning, modelling, and compliance. - Provide training, support, and clear documentation to HR teams and business users on Workday Compensation features and best practices. - Stay abreast of Workday updates/releases and proactively assess and implement relevant new features. Requirements Required Skills & Qualifications - 5+ years of direct, hands-on experience with Workday Compensation and Advanced Compensation modules. - Deep understanding of global, federal, and local compensation principles and compliance requirements. - Demonstrated expertise in configuring complex merit, bonus, and stock plans within Workday. - Strong analytical and problem-solving skills, with experience in data validation, compensation modeling, and reporting. - Proven ability to gather business requirements, document processes, and translate needs into Workday configuration. - Excellent communication and collaboration skills; ability to work with cross-functional teams and present technical concepts to non-technical audiences. - Bachelor’s degree in Human Resources, Business, Information Systems, or related field (preferred). Preferred Attributes - Experience with large-scale or multi-country Workday implementations. - Familiarity with other Workday modules (e.g., Core HCM, Payroll, Talent). - Experience supporting compensation-related audits and compliance processes. - Relevant Workday certifications (e.g., Workday Pro Compensation). Benefits Work-life Balance Opportunity to work with One of the BIG4

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