DL
Workday advanced compensation sonsultant
Diverse Lynx India
Location not stated
Mid level
2 weeks ago
- HRIS
- Agile
- Scrum
- Waterfall
2 weeks ago
Job Title
Workday Advanced Compensation Consultant
Experience
7–8 Years
Location
Hybrid / Remote / Onsite (Based on Business Requirements)
Employment Type
Full-Time
Job Summary
We are looking for an experiencedWorkday Advanced Compensation Consultant with 7–8 years of overall HCM/HRIS consulting experience and extensive expertise inWorkday Advanced Compensation and Compensation Management solutions. The ideal candidate will be responsible for implementing, configuring, optimizing, and supporting compensation processes within Workday, helping organizations streamline compensation planning, merit cycles, bonus programs, stock awards, and pay-for-performance initiatives.
The consultant will work closely with HR, Compensation & Benefits teams, Finance, Payroll, and business leaders to design scalable compensation solutions that align with organizational compensation strategies and compliance requirements.
Key Responsibilities
- Lead Workday Advanced Compensation implementation, enhancement, and support projects.
- Gather, analyze, and document business requirements related to compensation planning and rewards programs.
- Configure and maintain Workday Advanced Compensation modules and processes, including:
- Compensation Reviews
- Merit Planning
- Bonus Planning
- Stock Awards
- Compensation Eligibility Rules
- Compensation Grades and Packages
- Compensation Plans
- Salary Structures
- Pay Ranges
- Compensation Security
- Design and configure compensation business processes, approval workflows, and security roles.
- Support annual compensation cycles, merit increases, promotions, bonus reviews, and salary adjustments.
- Collaborate with HR, Payroll, Finance, and Talent Management teams to ensure compensation processes align with business objectives.
- Perform fit-gap analysis and recommend Workday best practices.
- Configure compensation statements, dashboards, worksheets, and compensation review templates.
- Support data migration, validation, reconciliation, and testing activities.
- Prepare functional specifications, configuration workbooks, and solution documentation.
- Conduct system testing, UAT support, defect resolution, and production deployment activities.
- Provide post-implementation support and troubleshoot compensation-related issues.
- Evaluate Workday releases and recommend adoption of new compensation features.
Required Skills
Workday Compensation Expertise
- Strong hands-on experience in:
- Workday Advanced Compensation
- Compensation Management
- Merit Cycles
- Bonus Planning
- Compensation Eligibility Rules
- Compensation Plans
- Salary Structures
- Compensation Business Processes
- Compensation Security Configuration
- Deep understanding of compensation planning and total rewards programs.
- Experience managing annual compensation review cycles and compensation events.
- Knowledge of pay equity, salary benchmarking, and compensation governance.
- Strong understanding of:
- Core HCM
- Organizational Structures
- Job Profiles
- Compensation Grades
- Compensation Packages
- Employee Lifecycle Processes
- Experience translating business requirements into Workday configurations.
- Ability to identify process improvements and recommend compensation best practices.
- Experience building:
- Custom Reports
- Advanced Reports
- Matrix Reports
- Composite Reports
- Compensation Dashboards
- Calculated Fields
- Ability to generate compensation analytics and planning insights.
Required Qualifications
- Bachelor's degree in Human Resources, Information Technology, Business Administration, Finance, or related field.
- 7–8 years of overall HCM/HRIS consulting experience.
- Minimum 4–5 years of hands-on Workday Compensation experience.
- Experience in at least 2–3 full lifecycle Workday implementations.
- Proven experience supporting annual compensation planning cycles.
- Strong stakeholder management and client-facing consulting skills.
- Experience working in Agile, Scrum, or Waterfall project environments.
Workday advanced compensation sonsultant · Diverse Lynx India