Workday Compensation

7 days ago

pune, India Talent Worx Full time

Workday Compensation SpecialistPosition SummaryWe 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 ResponsibilitiesConfigure, 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.RequirementsRequired Skills & Qualifications5+ 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 AttributesExperience 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).BenefitsWork-life BalanceOpportunity to work with One of the BIG4

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