Workday Compensation

5 hours ago

Mumbai, Maharashtra, India Talent Worx Full time ₹ 12,00,000 - ₹ 36,00,000 per year

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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