Sr. Workday Advanced Compensation Consultant

About the role

As a Senior Workday Advanced Compensation Consultant at Peoplevisor, you will play a pivotal role in shaping compensation strategies that align with our clients' business goals. This position is designed for professionals who possess a deep understanding of Workday's advanced compensation module and are passionate about leveraging technology to enhance compensation processes. You will collaborate with cross-functional teams to ensure that compensation plans are not only competitive but also equitable and compliant with regulations. Your expertise will help organizations optimize their compensation structures, ultimately driving employee engagement and retention.

Key facts

What you'll do

• Lead the implementation and optimization of Workday's Advanced Compensation module for various clients, ensuring alignment with their specific business needs and objectives.
• Collaborate with HR and finance teams to analyze current compensation structures and recommend enhancements based on industry best practices and market trends.
• Design and execute compensation plans, including base salary, bonuses, and equity programs, ensuring they are competitive and compliant with legal standards.
• Provide expert guidance on compensation-related policies and procedures, helping clients navigate complex regulatory environments.
• Conduct training sessions for HR teams and stakeholders on the effective use of Workday's compensation tools, ensuring they are equipped to manage compensation processes independently.
• Utilize data analytics to assess the effectiveness of compensation strategies, providing insights and recommendations for continuous improvement.
• Serve as a point of contact for clients regarding compensation inquiries, offering timely and accurate responses to ensure client satisfaction.
• Stay updated on the latest trends in compensation management and Workday enhancements, sharing knowledge with the team to foster a culture of continuous learning.
• Collaborate with the sales team to support business development efforts by providing insights on compensation trends and client needs during the pre-sales process.
• Assist in the development of compensation benchmarking reports, helping clients understand their position in the market relative to competitors.
• Participate in project management activities, ensuring that compensation projects are delivered on time and within budget.
• Foster strong relationships with clients, understanding their unique challenges and providing tailored solutions that drive business success.

Requirements

• A minimum of 5 years of experience in compensation consulting or a related field, with a strong focus on Workday Advanced Compensation.
• Proven track record of successfully implementing and optimizing compensation systems within Workday.
• In-depth knowledge of compensation principles, practices, and regulations, including FLSA, pay equity, and compliance issues.
• Strong analytical skills with the ability to interpret complex data and translate it into actionable insights.
• Excellent communication skills, both written and verbal, with the ability to present complex information in a clear and concise manner.
• Experience in project management, with the ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Strong interpersonal skills, with the ability to build relationships and work collaboratively with diverse teams.
• Proficiency in Microsoft Excel and other data analysis tools; familiarity with data visualization software is a plus.
• Bachelor's degree in Human Resources, Business Administration, or a related field; a certification in compensation (e.g., CCP) is preferred.

Nice to have

• Experience with other Workday modules, such as Core HR or Talent Management, to provide a holistic approach to HR solutions.
• Familiarity with global compensation practices and regulations, particularly in multinational organizations.
• Previous experience in a consulting role, providing strategic advice to clients on compensation and benefits.
• Knowledge of data privacy regulations and their impact on compensation data management.
• Experience in conducting compensation surveys and benchmarking studies.

Skills & tools

• Proficient in Workday Advanced Compensation module
• Strong analytical and problem-solving skills
• Excellent project management capabilities
• Effective communication and presentation skills
• Familiarity with compensation benchmarking tools and methodologies
• Proficient in Microsoft Office Suite, especially Excel

Practical notes

• This position is fully remote, allowing for flexibility in work location.
• The salary for this role is competitive and commensurate with experience.
• Candidates must be eligible to work in the United States without sponsorship.
• Travel may be required occasionally for client meetings or training sessions, depending on client needs.

META

Company: Peoplevisor

Title: Sr. Workday Advanced Compensation Consultant

Listed

location: Any (Remote), Texas

Job type: Full-time

Apply URL: https://peoplevisor.bamboohr.com/careers/33