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The Tenant and Course Curriculum Access Validity Instructions
1 Lesson-
StartThe Tenant and Course Curriculum Access Instructions
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2022 Advanced Compensation Videos
22 Lessons-
StartV1. Compensation Overview, Business Process, Security, Reports, BO and Site Map
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StartV2. Edit Inbound EIB Template, Assign security group, Salary Plan & Hourly Plan
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StartV3. Eligibility Rule, Allowance Plans (Amount and Percent), Compensation Grade & Grade Profile
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StartV4. Compensation Basis, Request Compensation Change & Test Compensation
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StartV5. Eligibility Rule, Assign Compensation to Position, Assign Pay Rate, Assign Compensation to Position
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StartV6. Compensation Grade, Basis, Period Salary, Hourly, Allowance, Stock and OTP Plans
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StartV7. Initiate & View OTP, Time Proration Rule & Compensation Scorecard
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StartV8. Bonus Plan, Merit Plan Review, Security & Compensation Package
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StartV9. Merit Plan, Compensation Changes, Compensation Roll Out and Request Compensation Change
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StartV10. Remove Compensation Plan, Embedded Analytics, BP Worklet, Currency Rates, Propose Compensation for Hire
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StartV11. BP: Embedded Analytics, Worklets, Job Change BP, Sub BP's: Propose Comp change, Org Assignment & Review Employee Compensation
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StartV12. Correct Compensation, Request Stock Grant, Comp Scorecard Results, Security for Pool Approver BP and User Based Security
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StartV13: Initiate Compensation Review Process
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StartV14. Future Payment Plan, One Time Payment, True up Process & Configure Compensation Grid
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StartV15. Comp Review Grid Audit, Coordinate Events, Participation rule, Initiate Merit Process
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StartV16. Parallel Processing, Compensating EE, Total Compensation Rewards, Rule, Sections, Template & Audit
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StartV17. Create Severance Worksheet, Severance and Notice Period Matrix and Terminate, View Compensation History, Severance Payout, Ongoing Salary Plan
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StartV18. Setup, Reporting Market Salary and Benchmark Job, Surveys
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StartV19. Compensation Step Progression, Audit and Troubleshooting
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StartV20. Setup Allowance Plan Adjustment Process/Test
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StartV21. Compensation Review Process, Next Level Video, Bonus Process Review and Job Change process to change manager and position
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StartV22. Change Job, Propose Comp. Review Workaround & Total Compensation
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Compensation Introduction
1 Lesson-
StartV101. Basic Core concepts and Navigation (2 videos, 4 hours)
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V2. Grades,Elements, Basics and Plans For Compensation
1 Lesson-
StartGrades,Elements, Basics and Plans For Compensation, Compensation Eligibility Rule ,Elements and Plans
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V3. Bonus Event, OTP, Stock Grant
1 Lesson-
StartProcessing Bonus Event,Future Payments,Security etc.,
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V8. Business Process and Security
1 Lesson-
StartV8. Business Process and Security (5 videos, 10 hours)
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Workday Advanced Compensation Real-time Examples and Customer Services
10 Lessons-
StartBest Practices For Advanced Compensation Planning
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StartBoost The Value Of Your Workday Compensation Deployment
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StartMaximize Your Talent Life Cycle
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StartNew Developments in Compensation Survey Management
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StartWhat's New And What's Next In Total Rewards
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StartHow to Best Leverage Period Activity Pay
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StartWorkday Compensation and IBM Compensation
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StartAugmenting Workday HCM with Machine Learning
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StartCompensation Strategy and Market Pricing
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StartOvercoming Academic Earning Challenges
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How to Download Course Completion Certificate
1 Lesson-
StartHow to Download Course Completion Certificate
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Call +1 (214) 872 7517/+91 956 604 8693
workday@erpcloudtraining.com
Workday Advanced Compensation Training
Become comfortable with Advanced Compensation by fully understanding how exactly it works.
⌛30 Hours ▶ 15 videos ★ 1000 Reviews
Course Features
Placement and Job Support
Workday Certification Assistance
Implementation of real-time projects
Life time Access
24/7 Support
Highlights
- No pre-requisite
- Priceless downloadable certified documents (PDF, PPT, XLS, Visio's, DOC)
- 24/7 access to course curriculum for limited duration
- Workday Tenant access
- Hands-on support from the trainer
- Interview preparation, job placement, and support
- Remote job placement with this training
- 70+ Real-world projects, examples and case studies
- 500 Interview questions
- Sample resumes for every Workday job
- Flexible schedule to fit your needs
What you will learn
- 10 years of real-time Workday live project experience by our expert
- Learn the Workday Technical Basics, foundation, and essentials.
- Learn about Eligibility Rule, Compensation Packages and Changes
- Learn how to set up, create merit plans and custom merit statements.
- Learn methods to configure and process merit, bonus, and stock plans.
- Learn to demonstrate successful merit, bonus, and stock process as a compensation administrator and manager.
- Map and manage employees in the compensation review process using eligibility rules, waiting periods, time proration rules
- Workday Certification assistance and referral for immediate certification
- 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
Zelle: workdayboa@gmail.com
Course Summary
Introduction
Our Workday Advanced Compensation Training 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 Workday advanced compensation training 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
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.
Reviews
5
Top Rated
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.
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
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.
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