Workday Advanced Compensation Training

BASIC

$399

  • Advanced sessions
  • Interview Q&A
  • Free study Materials
  • Premium Technical support
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PREMIUM

$699

  • Live Instructor
  • Advanced sessions
  • Interview Q&A
  • Premium Technical Support
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BUSINESS
  • Live Instructor
  • Advanced sessions
  • Interview Q&A
  • Premium Technical Support
ENROLL NOW
Features ?
  • Lifetime access
  • Lifetime video access
  • Real-time case studies
  • The project integrated into the Curriculum
  • 24*7 Support from our team of administrators
Frequently Asked Questions

Yes, offers keep changing from time to time. You can chat with us or call our training coordinator for more details.

Yes, we have provided a Demo video section on each course page so that you can get a glimpse into the course you want to enroll.

Yes, we will provide access to all the learning materials after the complete payment for the course.

Course Content

Advanced Compensation Structure
Configuration of Compensation Review Business Process
Summary of Award merit
Comparison between controller and support role responsibilities
Summary of stock
Summary of Bonus
Total Compensation review process as a manager and as an administrator.

Learning the components of a Merit Plan
Creating a compensation review statement.
Step by step process of configuring impacted employees and configuring a merit pool
Creating a task of process compensation awards for employees
Evaluate the coordination of events for the compensation review process
Performing a rollout for a merit plan for eligible candidates

What are the components of the Bonus Plan?
Configuration of a bonus plan and run the compensation review process
To create waiting periods & Proration Rules

a. Bonus Plan: Scorecard:
How to create a Compensation Scorecard?
Different Bonus configurations using Compensation Scorecard
How to create a Bonus Plan using a Compensation Scorecard?
How to test the Bonus Process?

b. Bonus Plan with Individual Performance Factors:
How to create a Weighted Compensation Matrix
Testing a Bonus Plan with Performance Factors

c. Bonus Plan Integration: Eligible Earnings Override & EIB:
How to run a Bonus Plan using actual employee compensation?
How to create an Eligible Earning Override?
How to use EIB to load data for Eligible Earnings Override?

What is Compensation Matrix?
Different types of Matrices
How to create a Compensation Matrix?

Exploring the various options available for the configurable grid
Copy and modify a configurable grid
How to successfully run configurable grid audit reports

How to create an eligibility waiting period
How to create a Time Proration Rule
How to identify various Time Proration Rules
To observe the statutory impact minimums, have on merit pool & employee awards
To examine the waiting period & time proration rules in the compensation review process.

Identification of audit reports to audit Compensation Review
How to modify individual plan targets during the compensation Review?
Configuring & use alternate organizations for the compensation review
Configuring & implementing the Review award steps using shared participants.

Exploring the various options available for the configurable grid
How to successfully run configurable grid audit reports
Copy and modify a configurable grid

Creation of a Stock Plan
Design of a Stock Participation Rate Table
How to run the Update Stock Grant?
How is stock awarded?

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