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Workday Advanced Compensation Training Workday Advanced Compensation CERTIFICATION

Workday Advanced Compensation Certification Training -Advanced Compensation Training

4.5/5

40 hours | 57K Participants

Plans & Pricing

SELF PACED

$149

40 Hours of Videos.
Flexible Schedule.
Free Demo
Technical Support
Lifetime free Upgrade
Course completion Certificate

Instructor Led-Live

$399

Instructor Led Training
40 Hours E-Learning Videos.
Flexible Schedule.
Free Demo
Learn Whenever & Wherever.
Technical Support
Lifetime free Upgrade
Course Completion Certificate

FREE

$0

4 Hours E-Learning Videos.

Flexible Schedule.
Free Demo
Learn Whenever & Wherever

Lifetime free Upgrade

NO instructor led training
NO Technical Support

About Course

Our Cloudcertification.io Advanced Compensation training provides a comprehensive understanding of Workday’s advanced compensation functionalities.

Throughout the course, participants will delve into various topics including stock plans, compensation grids, and more.

This structured program caters to professionals primarily engaged in compensation roles who are eager to grasp the intricacies of stock infrastructure within Workday.

Delivered entirely online, the training is flexible, offering options for both weekday and weekend schedules.

Given the current market demand for advanced compensation expertise, possessing a Workday Certification is imperative for career advancement.

Upon completion of the online training, participants will gain proficiency in configuring and demonstrating success across all facets of Workday Compensation.

Description

Cloudcertification.io offers an online Advanced Compensation training program designed for professionals seeking expertise in Workday’s intricate compensation functionalities. Covering key topics such as stock plans and compensation grids, this flexible course accommodates busy schedules with options for both weekday and weekend sessions. With a Workday Certification becoming increasingly essential for career growth in this field, our training equips participants to configure and excel in all aspects of Workday Compensation.

Free

Material Include

Course

Requirements

Target

Audience

What Will I Learn?

Top Hiring Company

Workday Advanced Compensation

Industry Trends

Workday Advanced Compensation

Course Curriculam

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?

Question and Answer

Yes, Cloudcertification provides a 100% money-back guarantee on fulfilling all the below checkpoints
1. This offers is only on instructor-led training
2. 95% class attendance
3. In the Test, you have to score 95% marks conducted by Cloudcertification.

At Cloudcertification, you'll never miss a Session! You will be provided with the recorded class of that day.

Post-enrollment will provide access immediately, and you can start the course right away.

Workday Advanced Compensation Certification

The certification process plays a crucial role in getting the job you want. It shows that you've gained the necessary skills to manage crucial jobs in the real world with minimal or no help from your colleagues. Companies are focusing on hiring those with qualifications and are providing huge salary packages. We will provide all required courses to earn in obtaining the certification. Cloud Certification Trainings encompasses every aspect of shaping you into a professional certified by providing you with the professional and technical knowledge that will help your career to be successful.

Cloud Certifcation

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