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Workday Advanced Compensation Training

Become comfortable with Advanced Compensation by fully understanding how exactly it works.

⌛30 Hours    ▶ 15 videos    ★ 1000 Reviews

Course Features 
Workday Consultant

Placement and Job Support

Workday Certification Assistance

Implementation of real-time projects
Life time Access

24/7 Support

Highlights

  1. No pre-requisite 
  2. Priceless downloadable certified documents (PDF, PPT, XLS, Visio's, DOC) 
  3. 24/7 access to course curriculum for limited duration 
  4. Workday Tenant access  
  5. Hands-on support from the trainer  
  6. Interview preparation, job placement, and support 
  7. Remote job placement with this training  
  8. 70+ Real-world projects, examples and case studies   
  9. 500 Interview questions  
  10. Sample resumes for every Workday job  
  11. Flexible schedule to fit your needs

What you will learn

  1. 10 years of real-time Workday live project experience by our expert
  2.  Learn the Workday Technical Basics, foundation, and essentials. 
  3. Learn about Eligibility Rule, Compensation Packages and Changes 
  4. Learn how to set up, create merit plans and custom merit statements. 
  5. Learn methods to configure and process merit, bonus, and stock plans. 
  6. Learn to demonstrate successful merit, bonus, and stock process as a compensation administrator and manager. 
  7. Map and manage employees in the compensation review process using eligibility rules, waiting periods, time proration rules 
  8. Workday Certification assistance and referral for immediate certification 
  9. After this course, you will have the skills to start a successful career in Workday Advanced Compensation.
Buy Your Course

Workday Advanced Compensation Training

73% Off
Just $399 Now

  • Cheat sheets for videos
  •  Downloadable Documents 
  • Real-time project experience
  • Course curriculum access 
  •  No Refund Policy
Payment Options

Zelle: workdayboa@gmail.com    

Course Summary 

Introduction

Our Workday Advanced Compensation Online course is designed to provide Functional knowledge for Learners from certified Experts. This online training program is comprehensive with real-world scenarios delivering practical value to aspirant workday professionals. After the completion of this course, Trainee will: This course is designed for aspiring compensation administrators who are responsible for deploying and maintaining the merit, bonus, and stock infrastructure and processes in Workday. In this Workday Training Online course, you will learn how to configure and apply concepts like the compensation review process, merit, bonus, and stock plans, configurable grid, compensation matrix, and the coordination of events. Knowledge of Workday HCM is a prerequisite before learning this module in Workday.

Advanced Compensation Framework

The frame work of this course is designed for learners to be able to describe the advanced compensation structure, summarize the process to award merit, stock, and bonus and learn configuration of compensation eligibility rules. Trainees would also learn to configure the compensation review business process, differentiate between the responsibilities of the controller and support role, complete compensation review as a manager and compensation administrator.

Configurable Grid

Concepts covered in this topic include identification of the options available for the configurable grid, copying and modifying a configurable grid, running configurable grid audit reports, coordination of events, ability to explain the coordination of events functionality for termination and parallel events, definition of the various effective dates and the creation of a compensation participation rule.

Merit Plans, Eligibility Waiting Period and Time Proration Rules

Students would acquire knowledge on merit plans and be able to describe the components of a merit plan, map the merit process, conduct a rollout for a merit plan to eligible participants, configure a compensation process template, process compensation awards for employees. They would also learn how to create an eligibility waiting period, identify the different types of time proration rules. create a time proration rule, test the waiting period and time proration rules in the compensation review process, and view the impact statutory minimums have on the merit pool and employee awards. 

Compensation Matrix and Bonus Plans

Students would learn how to define the different types of matrices and the creation of a compensation matrix. They would also understand how to describe the components of a bonus plan, configure a bonus and run the compensation review process. complete bonus awards for employees, bonus Plan with individual performance factors, creation of a weighted compensation matrix, initiation and running a bonus plan with performance factors.

Stock Plans and Consolidated Compensation Review Process

Trainees would be taught how to create a stock plan, create a stock participation rate table, explain how stock is awarded in the Initiate Merit Process, review related reports, run the Update Stock Grant task, list the components of a compensation review process, create a process validation, initiate the consolidated compensation review process, configuration of manage impacted employees step and configure merit pool. To learn further in Workday, you can check out our other courses like Workday Finance Training, Workday Benefits Training or Workday Prism Analytics Training.

Course Curriculum

Reviews

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Deepanjana Chakraborty

The best WD trainer

The course was well-structured, and the material was presented in a clear and concise manner. The interactive sessions and practical exercises helped me build practical skills that I can use in my professional career. Mary is highly knowledgeable and she used enough examples to make us understand the subject in a simplified manner. I have attended self based training and online training as well. She has an unique way of teaching , also provided cheat sheet which is very helpful. If any one would like to start their career in WD I would highly recommend ERP Cloud Training academy.

9 months ago
Amanda O'Brien

The Perfect Compensation Package

I felt that this package is a perfect fit to obtain all the required knowledge with respect to compensation grid, stock grant, bonus, and the like. What truly impressed me the most was the fact that it contains plenty of real-time practical projects which are very simple to understand and which take into account all the facts that are required to create a successful Workday Compensation Expert. It starts from the basics and rises to expertise in a well-designed layout. I have to definitely thank Mary for giving me sufficient time to practice in the Tenant. She is a very patient teacher and her entire team were very supportive throughout my training. - Joshua Pitt

4 years ago
Judith Wilcox

An Ocean of Knowledge

I'm very impressed with your step by step teaching of the Advanced Compensation course. Compensation grid structure and stock process had a very comprehensive explanation which was easy to understand. Your course has made me an expert in this field and has given me so much in-depth knowledge. All the materials were downloadable and I could save it for reference in the future. Further, I'd like to add that Workday training has helped me boost my confidence and morale. Thanks, Mary.

4 years ago

About Instructor

Mary is a global Workday ERP implementation expert, speaker, trainer, program manager, associate partner, and transformational leader from Dallas, Texas. She possesses expertise in various areas, including implementation, Hyper-Care, data conversion, integrations, change management, project management, and testing. Her unique approach sets her apart in the industry, with no direct competitors. Notably, she is not just a trainer but a seasoned implementer, having mentored over 50,000 students worldwide and providing practical insights for securing jobs.

Mary is a seasoned professional with extensive expertise in PeopleSoft, Oracle, and Workday. Her career spans roles as an implementer, solution architect, and design expert, and she has also taken the lead in organizing conferences worldwide and collaborating with major clients from the top five global firms. Mary's knowledge and proficiency in these ERP systems reflect her veteran-level experience in the field. In addition to her expertise, Mary is a collaborative partner, working alongside a range of implementers. This includes but is not limited to, renowned firms such as IBM, Accenture, Alight, KPMG, and PWC. Mary's training seems to replicate her skills, providing a unique learning opportunity.

The training is specifically tailored for roles in Mary's ongoing projects, eliminating the need for students to seek employment elsewhere. Mary transcends the typical trainer role by providing continuous support due to her involvement in ongoing global projects. She is a partner and also the owner of million-dollar global projects. Leveraging her profound 30 years of expertise, Mary strongly emphasis quality and quantity within her comprehensive training initiatives. She showcases an array of extensive projects that not only furnish participants with real-time experience but also open avenues for remote work opportunities and direct client engagement, all streamlined without the requirement for traditional interviews. Mary particularly ensures great prospects in challenging modules.

Mary's mentoring extends beyond technical skills, fostering all-encompassing professional and personal development. Participants in her training become well-rounded professionals without any prerequisites because of Mary's practical and professional approach. As a seasoned ERP professional, she invites individuals to join her comprehensive Workday training program, covering all Workday modules with hands-on, real-time experience and certification. The globally accessible course ensures remote placements tailored to participants time zones.