Top Hiring Company
Industry Trends
Course curriculum / Syllabus
Manage compensation
- How to make compensation packages
- How to set up compensation package analytics
- How to remove compensation plans from several employees
- How to set up adjustments to unit salary, allowance, and commission plans
- Compensation plan comparisons
- How to remove compensation plans with expected end dates
- How to roll out compensation plans to several employees
- How to set up segmented security by compensation plans
- Propose compensation
Components: Elements and Eligibility Rules
- How to create compensation elements
- How to assign compensation components to an eligibility rule
- How to make eligibility rules for compensation
- How to set up compensation components
Salary
- How to create salary plans
- How to create unit salary plans
- How to create period salary plans
- How to set up salary plans
Grade and Grade Steps
- How to make compensation grades
- How to set up adjustments to compensation grades assigned to job profiles
- Request grade change
- How to create compensation grade steps
- How to create a compensation grade hierarchy
- How to set up compensation grades and grade steps
- What are compensation step and grade progression reports
- How to set up adjustments to compensation steps
- How to set up automatic compensation grade step progression schedules
Bonus
- How to make bonus plans
- Pay for company performance
- How to set up bonus plans
- How to set up eligible earnings overrides for bonuses
- How to create future payment plans
- How to create compensation scoreboard results
- How to create deferred bonus calculations
Stock
- How to make stock plans
- Request stock grants
- How to set up stock plans
- Update approved stock grants
- Add stock grants
- How to create stock participation rate tables
Agency Billing
- Time-based Proration for merit and bonus awards
- Shared participation compensation reviews
- Coordination of events in compensation reviews
- What are compensation reviews
- Participation Options
- Participation rules and coordination of events
- Bonus, Merit, and Stock Pool Calculations
Set up compensation reviews
- Prepare for compensation reviews
- How to create compensation rounding rules
- How to create eligibility waiting periods for compensation review processes
- How to create grid configurations for compensation
- Restrict reviews of bonus, merit, and stock plan assignments
- How to create a compensation matrix
Manage compensation reviews
- How to manage compensation review pools
- Initiate compensation review processes
- How to manage several events during compensation reviews
- How to review promotions in a merit process
- How to remove or add employees to or from compensation review processes
Workday Advanced Compensation FAQ’s:
1.What is Workday Advanced Compensation?
Workday advanced compensation is a cloud-based compensation management tool, which enables companies in managing their compensation processes and programs. It offers a centralized repository for compensation data and automates several tasks that are linked with managing compensation programs.
2.If I miss a class then what should I do?
We provide study materials or video recordings of lectures of that lecture if you miss any class.
3.Can you help in getting a job after completing this online course?
Yes, we can help in getting a job by arranging interviews for those trainees who will complete their online courses successfully.
4.Do you provide free demo classes for new students before registration?
Yes, we will offer free demo classes for those new students who want to check the quality of lectures before registration.
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Why PROLOG INFO
Best Virtual training classrooms for IT aspirants
Real time curriculum with job oriented training.
Around the clock assistance
We are eager to solve your queries 24*7 with help of our expert faculty.
Flexible Timings
Choose your schedule as per your convenience. No need to delay your work
Mock projects
Real world project samples for practical sessions
