Glossary of Terms
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Session 1 - Overview of Workday Structure and Compensation Modules
Session 2 - User Interface Walkthrough and Search Features Explained
Session 3 - Payment Frequencies and Element Mapping Configuration
Session 4 - Creating Salary Setup with Eligibility Conditions Applied
Session 5 - Business Processes and Automatic Plan Assignment Logic
Session 6 - Designing Basis Formulas Using Custom Calculation Methods
Session 7 - Commissions Handling and Stock Distribution Representation
Session 8 - Merit Strategy, Bonus Planning and Scorecard Weighting
Assessments - Part A - HCM Core for Administrators
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Assessment - 1. Workday Tenants and Tools
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Assessment - 2. Overview of Workday HCM Core Concepts
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Assessment - 3. Organizations and Hierarchies
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Assessment - 4. Staffing Models
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Assessment - 5. Compensation Framework
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Assessment - 6. Job Profiles
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Assessment - 7. Prepare for Hire
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Assessment - 8. Configurable Security Framework
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Assessment - 9. Workday HCM Business Processes
Assessments - Part B - Compensation for Administrators
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Assessment - 1. Compensation Overview
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Assessment - 2. Compensation Eligibility Rules
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Assessment - 3. Default Compensation
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Assessment - 4. Compensation Basis
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Assessment - 5. Compensation Elements and Grades
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Assessment - 6. Compensation Plans and Packages
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Assessment - 7. Advanced Compensation Plans
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Assessment - 8. One-Time Payments
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Assessment - 9. Propose Compensation Hire
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Assessment - 10. Propose Compensation Change
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Assessment - 11. Requesting Compensation Changes
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Assessment - 12. Manage Basis Total
Assignments - Part A - HCM Core for Administrators
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Assignment - 1. Workday Tenants and Tools
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Assignment - 2. Overview of Workday HCM Core Concepts
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Assignment - 3. Organizations and Hierarchies
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Assignment - 4. Staffing Models
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Assignment - 5. Compensation Framework
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Assignment - 6. Job Profiles
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Assignment - 7. Prepare for Hire
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Assignment - 8. Configurable Security Framework
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Assignment - 9. Workday HCM Business Processes
Assignments - Part B - Compensation for Administrators
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Assignment - 1. Compensation Overview
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Assignment - 2. Compensation Eligibility Rule
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Assignment - 3. Default Compensation
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Assignment - 4. Compensation Basis
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Assignment - 5. Compensation Elements & Compensation Grades
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Assignment - 6. Compensation Plans & Compensation Packages
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Assignment - 7. Advanced Compensation Plans
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Assignment - 8. One Time Payments and Future Payment Plans
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Assignment - 9. Propose Compensation Hire
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Assignment - 10. Propose Compensation Change
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Assignment - 11. Requesting Compensation Changes
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Assignment - 12. Manage Basis Total
Lab Activity
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Lab Activity - 1. Configure Tenant Settings - HCM
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Lab Activity - 2. Create Eligibility Rules
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Lab Activity - 3. Evaluate Rule Efficiency
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Lab Activity - 4. Assign Position-Based Compensation
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Lab Activity - 5. Configure Requisition-Based Compensation
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Lab Activity - 6. Create Compensation Elements
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Lab Activity - 7. Define Compensation Grades
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Lab Activity - 8. Create Compensation Grades with Steps
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Lab Activity - 9. Hiring with Step Progression
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Lab Activity - 10. Execute Step Progression
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Lab Activity - 11. Create a Compensation Basis
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Lab Activity - 12. Add Basis to Compensation Grades
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Lab Activity - 13. Link Basis to Merit-Based Pay
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Lab Activity - 14. Compare Full-Time Equivalent (FTE) Configurations
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Lab Activity - 15. Configure Unit Salary Plan
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Lab Activity - 16. Setup Period Salary Plan
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Lab Activity - 17. Design Hourly Compensation Plans
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Lab Activity - 18. Develop an Allowance Plan
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Lab Activity - 19. Modify an Existing Compensation Plan
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Lab Activity - 20. Review a Calculated Plan
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Lab Activity - 21. Build a Compensation Package
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Lab Activity - 22. Configure a Stock Plan
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Lab Activity - 23. Submit a Stock Grant Request
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Lab Activity - 24. Setup Bonus Plans
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Lab Activity - 25. Develop Merit Plans
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Lab Activity - 26. Setup One-Time Payment Plans
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Lab Activity - 27. Submit a One-Time Payment
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Lab Activity - 28. Configure True-Up Process
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Lab Activity - 29. Use Segmented Security to Secure One-Time Payment Options
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Lab Activity - 30. Draft a Compensation Proposal
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Lab Activity - 31. Create Allowance Plans
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Lab Activity - 32. Edit Compensation Grades and Packages
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Lab Activity - 33. Complete Compensation Setup for New Hire
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Lab Activity - 34. Execute Compensation Change
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Lab Activity - 35. Modify Security Configuration for Tasks
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Lab Activity - 36. Finalize Compensation Changes
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Lab Activity - 37. Correct Compensation Records
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Lab Activity - 38. Create a Base Pay Change Request
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Lab Activity - 39. Configure Embedded Analytics
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Lab Activity - 40. End Date Process
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Lab Activity - 41. Rollout Plans
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Lab Activity - 42. Remove Plans and Events in Progress
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Lab Activity - 43. Define Total Reward Rules
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Lab Activity - 44. Create Templates for Total Rewards
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Lab Activity - 45. Run Payroll and Analyze Results
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Lab Activity - 46. Configure Severance Plans
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Lab Activity - 47. Create Severance Worksheets
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Lab Activity - 48. Modify Termination Compensation
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Lab Activity - 49. Create a Benchmark Job
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Lab Activity - 50. Review Configuration
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Lab Activity - 51. Create an Academic Compensation Period
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Lab Activity - 52. Assign Academic Compensation
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Lab Activity - 53. Review Configuration
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Lab Activity - 54. Period-Based Compensation Assignment
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Lab Activity - 55. Configure Subtractive Compensation Basis
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Lab Activity - 56. Hire an Employee Using MBT
Certification MCQ's (70 Questions)
Capstone Projects / Case Studies
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Capstone Project - 1. Advanced Compensation Analytics for HiTech Corporation
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Capstone Project - 2. Building a Comprehensive Rewards Program for Company XYZ
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Capstone Project - 3. Compensation Integration for a Merger & Acquisition
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Capstone Project - 4. Global Compensation Planning for Multinational Company
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Capstone Project - 5. Transitioning to Automated Compensation Management
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