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🔥🔥In this video on Workday Core Compensation Training, you will create, configure, and manage compensation plans, elements, and packages in Workday.
👉 Here are the topics covered in this video on Workday Core Compensation Training-
00:00:00 - Introduction
00:09:35 - Security access in Workday Core Compensation
00:33:21 - Understanding Payroll Earning Code Integration
00:55:22 - Understanding the Workday inbox and employee profile
01:18:49 - Creating conditions for Compensation Plan eligibility
01:40:40 - Explanation of percentage-based element plan
02:15:46 - Understanding Compensation Package Defaulting Feature
02:49:20 - Creating one-time payment plans in Workday Core Compensation
03:24:36 - Two types of security groups: user-based and role-based
04:04:07 - Understanding compensation basis types
04:40:14 - Create Merit Plan in Workday
05:15:45 - Different types of service dates and their use in compensation calculation
✅ What Is Workday Core Compensation?
Workday Core Compensation is a module within the Workday Human Capital Management (HCM) suite, which is a cloud-based software solution for managing human resources and related processes within organizations. Core Compensation specifically focuses on managing employee compensation, including salary, bonuses, allowances, and other forms of remuneration.
✅ About the Workday Core Compensation Training?
Workday Core Compensation is a key component of the Workday Human Capital Management (HCM) platform. It provides organizations with a comprehensive solution for managing their compensation plans and processes. Workday Core Compensation enables organizations to define, manage, and administer compensation plans such as base pay, bonuses, equity awards, and commissions.
✅ Benefits of this, Workday Core Compensation Training?
👉Create, configure, and manage compensation plans, elements, and packages in Workday.
👉Understand Compensation Benefits and Merit Plans
👉Understand the Annual Process Review
👉Master Core Compensation Business Process
✅ Features of Workday Core Compensation Training
👉 Course Duration - 15 Hrs
👉 Assessments
👉 Lab Documents
👉 Certification Q & A
👉Case Studies
👉 Course Completion Certificate
👉 CheatSheet
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✅ Workday Corporate Training for your Business:
Unlock your team's potential with ZaranTech's comprehensive Workday training. Offering customized curricula, hands-on labs, and certified instructors, we deliver unparalleled value at 1/4 the cost of standard programs. Gain access to our state-of-the-art LMS, video recordings, and 24/7 support to ensure your success. Elevate your workforce's skills with our role-based, practical approach to Workday mastery.
✅ Customers we trained: Micron, Freshworks, Alight, LTIMindtree, TCS, E&Y, KPMG and many more.
✅ Workday Corporate Training Catalog: https://bit.ly/workday-course-catalog
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