Workday Compensation Training

Course Description

 1.Compensation Elements

Frequencies

Units of Measure

Compensation Eligibility Rule

compensation Element

2.Compensation Guidelines

Compensation Grades

compensation Grade Profiles

Compensation Grade Steps

Compensation Grade Hierarchy

Compensation Step Progression

Comp Step Adjustments

 

Request Grade Change

Adjustment to grades assigned to job profiles

  1. Compensation Plans

Salary

Hourly

Allowance

One Time Payment Plans

Commission

Period Salary Plans

Calculated Plans

  1. Compensation Basis

Types of Basis: MBT Manage Basis Total

Non MBT

Std Compensation Basis (Total Base Pay/ Total Salary & Allowances)

 Compensation Package & Analytics

6.Manage Compensation

Request Compensation Change

 OTP

 Mas roll out / Removal of comp plans

 Expected end data – Plan Removal

Allowance plans adjustments

 Severence

Watch Demo Video

Training Options

Upcoming Batches EST

Upcoming Batches IST

Curriculum

Contact us

Call a Course Advisor

Course Key Features

Testimonials

Course Related FAQ's

Course Description

You will learn all the aspects of how to configure and create merit plans and process the stock plans, bonuses and merits, and many other significant concepts involved in the Workday Advanced Compensation.

During this Workday Compensation course, you will learn the most in-demand skills and gain in-depth knowledge of all the areas of Workday Compensation.

 

Course Curriculum

  • Frequencies
  • Units of Measure
  • Compensation Eligibility Rule
  • compensation Element
  • Compensation Grades
  • compensation Grade Profiles
  • Compensation Grade Steps
  • Compensation Grade Hierarchy
  • Compensation Step Progression
  • Comp Step Adjustments
  • Request Grade Change
  • Adjustment to grades assigned to job profiles
  • Salary
  • Hourly
  • Allowance
  • One Time Payment Plans
  • Commission
  • Period Salary Plans
  • Calculated Plans
  • Types of Basis: MBT Manage Basis Total
  • Non MBT
  • Std Compensation Basis (Total Base Pay/ Total Salary & Allowances)
  • Compensation Package & Analytics
  • Request Compensation Change OTP
  • Mas roll out / Removal of comp plans
  • Expected end data – Plan Removal
  • Allowance plans adjustments Severence
Request for more information

Features

  • Lifetime access
  • Lifetime video access
  • Real-time case studies
  • The Project integrated into the curriculum
  • 24*7 Support from our team of administrators

Training Options

Self Placed

Unlimited Access

299

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

Instructor Led Live Traning

Unlimited Access

599

  • Live instructor
  • Advanced sessions
  • Interview Q&A
  • Premium Technical support

Corporate Training

Unlimited Access

699

  • Live instructor
  • Advanced sessions
  • Interview Q&A
  • Premium Technical support

Testimonials

HAPPY STUDENTS

The experience has been extremely satisfying. I like the interaction method and how the instructor acknowledges to subjects and provide feedback in real time.

Ed Peter

The live instructor was absolutely incredibly gentle and executed all our doubts. The course with Mind Matricks has admittedly been a great encounter because of the way the instructors emphasized the topics in an easy method.

Shilpi Brar

The way Mind Matricks conducted Instructor LED live training was really magnificent and very engaging and clear. The dedicated customer support is very well organized.

Kshitij Singh

My instructor was especially very patient and executed to address all our uncertainties. The course with Mind Matricks has admittedly been a great knowledge because of the process the trainers emphasized the points.

Max Richard