Workday Compensation Training by Techpratham provides in-depth knowledge of managing compensation structures, plans, and employee rewards. It enables professionals to configure salary, bonus, and benefits programs within Workday HCM.
Level
Advanced
Duration
8 weeks



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Workday Compensation Training by Techpratham teaches people how to create and run pay programs that are in line with the goals of the organization. It includes basic pay, advanced pay, bonus and merit plans, and setting up allowances. Learners get to set up compensation packages, rules, and eligibility criteria in real life. By the end, participants will know how to use Workday to manage and improve compensation strategies.
Working professional who is carrying more then 10 years of industry experience.
Access to updated presentation decks shared during live training sessions.
E-book provided by TechPratham. All rights reserved.
Module-wise assignments and MCQs provided for practice.
Daily Session would be recorded and shared to the candidate.
Live projects will be provided for hands-on practice.
Expert-guided resume building with industry-focused content support.
Comprehensive interview preparation with real-time scenario practice.
Introduction to Workday Compensation
Learn the basics of compensation within Workday HCM.
Compensation Framework Setup
Learn the foundational framework used in Workday for managing compensation plans, grades, packages, and eligibility rules.
Salary and Hourly Plans
Covers creating and managing salary and hourly compensation plans for employees, including plan attributes and configurations.
Allowance and Bonus Plans
Focuses on setting up allowances, one-time payments, and bonus/incentive plans to reward employee performance.
Stock and Equity Plans
Explains equity-based compensation, stock grants, and restricted stock units, along with their configuration in Workday.
Compensation Eligibility Rules
Details how eligibility rules control access to specific compensation components based on employee attributes.
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Workday Compensation Business Analyst
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Scenario: Configured Workday Compensation for merit, bonus, and allowances, aligning pay structures with performance cycles and global policies.
Scenario: Automated compensation review cycles in Workday, enabling managers to allocate merit increases and bonuses with real-time budget visibility.
Scenario: Supported global compensation planning using Workday, ensuring consistent salary structures, eligibility rules, and approval workflows across regions.
Scenario: Optimized Workday Compensation processes to improve budget control, manager experience, and compliance during annual and off-cycle reviews.

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