Workday Compensation Specialist

6 days ago

Hyderabad, Telangana, India Carrier Full time
About the Role

As a Workday Technical Product Specialist – Compensation at Carrier, you will play a pivotal role in optimizing the Core Compensation and Advanced Compensation functionalities within the Workday platform. Leveraging your expertise in Workday Compensation, you will enhance the employee work experience by proactively delivering personalized and intuitive HR solutions for critical moments. This role involves analyzing, designing, transforming, and implementing activities globally, with a keen focus on delivering best-in-class HR technology solutions that align with business needs and objectives.

Key Responsibilities

Core Compensation Management:

  • Plan, design, configure, and test solutions in Workday for Core Compensation management, ensuring alignment with organizational compensation strategies and policies.
  • Serve as a subject matter expert for business stakeholders, addressing questions and troubleshooting issues related to Core Compensation elements such as compensation packages, compensation plans, compensation basis, compensation elements, grades, grade profiles, salary ranges, benchmark information, compensation eligibility rules, and external payroll earnings.
  • Provide production support for Workday Core Compensation, including analysis and troubleshooting of design, configurations, business processes, integrations, and data.

Advanced Compensation Solutions:

  • Collaborate with HR Technology leadership and business end-users to implement and optimize Advanced Compensation functionalities within Workday, such as Compensation Review, Merit, Bonus, Stocks, and Statements.
  • Conduct comprehensive analysis to identify opportunities for enhancing compensation programs and processes through the utilization of Advanced Compensation features.
  • Coordinate testing to ensure that Advanced Compensation solutions align with business requirements and are seamlessly integrated into existing HR systems and processes.

Cross-Functional Collaboration:

  • Participate in Workday's periodic product release planning and testing, staying informed about new feature-sets and understanding their impact on Core and Advanced Compensation functionalities.
  • Collaborate with cross-functional teams, including HR Business COEs, Digital/IT, and External Vendor organizations, to ensure that Compensation solutions effectively support broader HR and business objectives.
  • Work closely with stakeholders to translate business needs into requirements, conduct gap analysis, and recommend appropriate solutions and business process workflows.

Documentation and Communication:

  • Create and maintain comprehensive product documentation, including updates for user guides, job aids, and training materials.
  • Communicate effectively with stakeholders at all levels of the organization, providing insights and recommendations regarding Compensation management strategies, processes, and technology solutions.
Qualifications

Requirements:

  • 5+ years of experience in HR technology, with at least 3 years of hands-on experience specifically in configuring and managing Core Compensation and Advanced Compensation modules within the Workday platform (experience on manage by basis total is a big plus).
  • Strong knowledge of HR processes and practices, particularly in the areas of compensation management and total rewards.
  • Excellent communication and interpersonal skills, with the ability to effectively engage with stakeholders at all levels of the organization.
  • Proven ability to work independently across different time zones in a fast-paced environment, managing multiple priorities and deadlines effectively.
  • Familiarity with Software Development Life Cycle (SDLC) and Agile product delivery frameworks, as well as tools such as JIRA, to facilitate efficient project management and collaboration.

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