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Workday Compensation Training

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Enhance your HR expertise with Workday Compensation Training by Multisoft Virtual Academy. This course offers in-depth knowledge of compensation plans, merit processes, and reporting tools. Perfect for HR professionals aiming to streamline compensation management. Gain practical skills and boost your career potential with expert guidance and hands-on experience. Enroll today to get started!

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Instructor-led Training Live Online Classes

Suitable batches for you

22 Feb 2025 24 06:00 PM - 09:00 PM Sat, Sun
23 Feb 2025 24 06:00 PM - 09:00 PM Sat, Sun

Course Price At

$ 550

Enroll Now
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Talk to our training advisor

Instructor-led Training Live Online Classes

22 Feb 2025 24 06:00 PM - 09:00 PM Sat, Sun
23 Feb 2025 24 06:00 PM - 09:00 PM Sat, Sun

Course Price At

$ 550

Enroll Now
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Online Self Learning Courses are designed for self-directed training, allowing participants to begin at their convenience with structured training and review exercises to reinforce learning. You’ll learn through videos, PPTs and complete assignments, projects and other activities designed to enhance learning outcomes, all at times that are most convenient to you.

Course Price At

$ 550

Enroll Now
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Talk to our training advisor

Instructor-Led Online Training Parameters

Course Highlights

  • Duration: 24 Hrs
  • Subject Matter Expert
  • After Training Support
  • Lifetime E-Learning Access
  • Recorded Sessions
  • Free Online Assessments
Workday Compensation Training Course Syllabus

Curriculum Designed by Experts

Download Curriculum DOWNLOAD CURRICULUM

The Workday Compensation Training by Multisoft Virtual Academy is designed to equip HR professionals and administrators with the skills and knowledge required to effectively manage compensation plans using the Workday platform. This comprehensive training program covers essential topics, including the creation and management of compensation plans, configuring merit and bonus processes, budget allocation, and generating insightful reports. Participants will gain hands-on experience through practical exercises, learning to optimize compensation workflows, streamline employee salary adjustments, and ensure compliance with organizational policies. The course also provides insights into leveraging Workday's robust tools for aligning compensation strategies with business objectives. Whether you are new to Workday or looking to enhance your expertise, this training is ideal for HR practitioners, payroll administrators, and compensation analysts. Delivered by industry experts, the training ensures you are well-versed in the latest features and best practices.

By the end of the course, you will have the confidence to implement effective compensation strategies, support organizational growth, and drive employee satisfaction. Enroll today with Multisoft Virtual Academy and take your HR career to the next level with in-demand Workday skills!

Workday Compensation Training equips HR professionals and Workday users with the skills to manage and optimize compensation processes. It covers configuring salary, bonus, and equity plans, automating workflows, and generating insightful reports. This training provides hands-on experience and best practices, enabling participants to design effective compensation strategies and streamline operations using the Workday Compensation module.

  • Frequencies
  • Units of Measure
  • Compensation Eligibility Rule
  • compensation Element
Download Curriculum DOWNLOAD CURRICULUM

  • 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
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  • Salary
  • Hourly
  • Allowance
  • One Time Payment Plans
  • Commission
  • Period Salary Plans
  • Calculated Plans
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  • Types of Basis: MBT Manage Basis Total
  • Non MBT
  • Std Compensation Basis (Total Base Pay/ Total Salary & Allowances)
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  • Request Compensation Change
  • OTP
  • Mas roll out / Removal of comp plans
  • Expected end data Plan Removal
  • Allowance plans adjustments
  • Severence
Download Curriculum DOWNLOAD CURRICULUM

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Workday Compensation Training Description

  • Gain an in-depth understanding of the Workday Compensation module and its features.
  • Learn to create, configure, and manage various compensation plans, including salary, merit, and bonus plans.
  • Design effective compensation strategies tailored to organizational goals and employee needs.
  • Automate workflows to ensure seamless and efficient compensation management.
  • Understand the integration of compensation with Workday Core HR, Payroll, and Talent Management.
  • Learn to configure and manage employee equity plans, bonus distributions, and incentive structures.

  • HR Professionals
  • Payroll Managers
  • Workday Users
  • HR Managers
  • Talent Acquisition Teams
  • HR Administrators
  • Organizational Development Professionals
  • Workday Implementation Consultants

  • Basic understanding of HR and payroll processes.
  • Familiarity with Workday's core functionalities

Workday Compensation Training Certification

Multisoft Virtual Academy provides a globally recognized training certificate to the participants, after successful completion of a training program. The training certificates are recognized and accepted across the world.

Multisoft Virtual Academy's training certificate comes with lifetime validity.

Aspirants can directly enroll for the desired course from the Book Now Button in the course page. You can also connect on Whatsapp at +91 8130666206 to talk with a training advisor. Multisoft Virtual Academy also offers customized training programs on a wide range of domains and skills.

All training programs offered by Multisoft Virtual Academy are delivered by certified industry experts, who have years of experience in the relevant domains. Multisoft Global Subject Matter Experts impart knowledge on a wide variety of training courses through one –on-one and corporate training sessions.

Multisoft Virtual Academy training certification can help participants stand out in the competitive job market. Since the training certificates are internationally accepted, participants can showcase their skills and knowledge to employers across the world.

Workday Compensation Corporate Training Certification

Interactive Virtual Training

Interactive Virtual Training

  • Global Subject Matter Experts
  • Step-by –Step Learning Approach
  • Instant Doubt Clearing
Lifetime Access

Lifetime Access

  • Lifetime E-learning Access
  • Recorded Training Session Videos
  • Free Access to Practice Tests
24x7 Assistance

24x7 Assistance

  • Help Desk Support
  • Doubt Resolution in Real-time
  • After Training Support
Hands on Experience

Hands on Experience

  • Project Based Learning
  • Learning based on real-life examples
  • Assignments and Practice Tests
Globally Recognized Training Certificate

Globally Recognized Certificate

  • Multisoft Training Certificate
  • Globally Recognized and Accepted
  • Lifetime Validity

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Workday Compensation Training FAQ's

Yes, upon successfully completing the training, you will receive a certificate from Multisoft Virtual Academy.

Yes, this training equips you with valuable skills to manage compensation strategies effectively, enhancing your career in HR technology and administration.

Yes, the training is available both online and in instructor-led formats.

Yes, the training is updated regularly to include the latest Workday Compensation features and best practices.

To contact Multisoft Virtual Academy you can mail us on enquiry@multisoftvirtualacademy.com or can call for course enquiry on this number +91 8130666206

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