Course Introduction
Watch this video to checkout the details and the benefits you get from this training.
Start your Career in Workday Core Compensation
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. You will learn to,
- Create, configure, and manage compensation plans, elements, and packages in Workday.
- Understand Compensation Benefits and Merit Plans
- Understand Annual Process Review
- Master Core Compensation Business Process

Meet Your Instructor
- Senior HCM Professional with 15+ years of experience with a certification in Workday Core HCM and Core Compensation.
- 5+ years of experience in Workday Implementation projects with specialization in Workday Core HCM, Core Compensation, Benefits, and Security.
- 10+ years of experience in SAP HCM module with specialization in various components like Time Management, Payroll, E-Travel, Performance Management, Organization Management, Personnel Administration, Personnel Development and Training, and Event Management. Involved in Full - life cycle implementations and Support and
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Maintenance projects. Good listener, Solid work Ethic, Desire to excel, Committed to Meeting deadlines and Enjoying a fast-paced environment.
Course Curriculum
- Assessment - 1. Workday Tenants and Tools
- Assessment - 2. Overview of Workday HCM Core Concepts
- Assessment - 3. Organizations and Hierarchies
- Assessment - 4. Staffing Models
- Assessment - 5. Compensation Framework
- Assessment - 6. Job Profiles
- Assessment - 7. Prepare for Hire
- Assessment - 8. Configurable Security Framework
- Assessment - 9. Workday HCM Business Processes
- Assessment - 1. Compensation Overview
- Assessment - 2. Compensation Eligibility Rules
- Assessment - 3. Default Compensation
- Assessment - 4. Compensation Basis
- Assessment - 5. Compensation Elements and Grades
- Assessment - 6. Compensation Plans and Packages
- Assessment - 7. Advanced Compensation Plans
- Assessment - 8. One-Time Payments
- Assessment - 9. Propose Compensation Hire
- Assessment - 10. Propose Compensation Change
- Assessment - 11. Requesting Compensation Changes
- Assessment - 12. Manage Basis Total
- Assignment - 1. Workday Tenants and Tools
- Assignment - 2. Overview of Workday HCM Core Concepts
- Assignment - 3. Organizations and Hierarchies
- Assignment - 4. Staffing Models
- Assignment - 5. Compensation Framework
- Assignment - 6. Job Profiles
- Assignment - 7. Prepare for Hire
- Assignment - 8. Configurable Security Framework
- Assignment - 9. Workday HCM Business Processes
- Assignment - 1. Compensation Overview
- Assignment - 2. Compensation Eligibility Rule
- Assignment - 3. Default Compensation
- Assignment - 4. Compensation Basis
- Assignment - 5. Compensation Elements & Compensation Grades
- Assignment - 6. Compensation Plans & Compensation Packages
- Assignment - 7. Advanced Compensation Plans
- Assignment - 8. One Time Payments and Future Payment Plans
- Assignment - 9. Propose Compensation Hire
- Assignment - 10. Propose Compensation Change
- Assignment - 11. Requesting Compensation Changes
- Assignment - 12. Manage Basis Total
- Lab Activity - 1. Configure Tenant Settings - HCM
- Lab Activity - 2. Create Eligibility Rules
- Lab Activity - 3. Evaluate Rule Efficiency
- Lab Activity - 4. Assign Position-Based Compensation
- Lab Activity - 5. Configure Requisition-Based Compensation
- Lab Activity - 6. Create Compensation Elements
- Lab Activity - 7. Define Compensation Grades
- Lab Activity - 8. Create Compensation Grades with Steps
- Lab Activity - 9. Hiring with Step Progression
- Lab Activity - 10. Execute Step Progression
- Lab Activity - 11. Create a Compensation Basis
- Lab Activity - 12. Add Basis to Compensation Grades
- Lab Activity - 13. Link Basis to Merit-Based Pay
- Lab Activity - 14. Compare Full-Time Equivalent (FTE) Configurations
- Lab Activity - 15. Configure Unit Salary Plan
- Lab Activity - 16. Setup Period Salary Plan
- Lab Activity - 17. Design Hourly Compensation Plans
- Lab Activity - 18. Develop an Allowance Plan
- Lab Activity - 19. Modify an Existing Compensation Plan
- Lab Activity - 20. Review a Calculated Plan
- Lab Activity - 21. Build a Compensation Package
- Lab Activity - 22. Configure a Stock Plan
- Lab Activity - 23. Submit a Stock Grant Request
- Lab Activity - 24. Setup Bonus Plans
- Lab Activity - 25. Develop Merit Plans
- Lab Activity - 26. Setup One-Time Payment Plans
- Lab Activity - 27. Submit a One-Time Payment
- Lab Activity - 28. Configure True-Up Process
- Lab Activity - 29. Use Segmented Security to Secure One-Time Payment Options
- Lab Activity - 30. Draft a Compensation Proposal
- Lab Activity - 31. Create Allowance Plans
- Lab Activity - 32. Edit Compensation Grades and Packages
- Lab Activity - 33. Complete Compensation Setup for New Hire
- Lab Activity - 34. Execute Compensation Change
- Lab Activity - 35. Modify Security Configuration for Tasks
- Lab Activity - 36. Finalize Compensation Changes
- Lab Activity - 37. Correct Compensation Records
- Lab Activity - 38. Create a Base Pay Change Request
- Lab Activity - 39. Configure Embedded Analytics
- Lab Activity - 40. End Date Process
- Lab Activity - 41. Rollout Plans
- Lab Activity - 42. Remove Plans and Events in Progress
- Lab Activity - 43. Define Total Reward Rules
- Lab Activity - 44. Create Templates for Total Rewards
- Lab Activity - 45. Run Payroll and Analyze Results
- Lab Activity - 46. Configure Severance Plans
- Lab Activity - 47. Create Severance Worksheets
- Lab Activity - 48. Modify Termination Compensation
- Lab Activity - 49. Create a Benchmark Job
- Lab Activity - 50. Review Configuration
- Lab Activity - 51. Create an Academic Compensation Period
- Lab Activity - 52. Assign Academic Compensation
- Lab Activity - 53. Review Configuration
- Lab Activity - 54. Period-Based Compensation Assignment
- Lab Activity - 55. Configure Subtractive Compensation Basis
- Lab Activity - 56. Hire an Employee Using MBT
- Capstone Project - 1. Advanced Compensation Analytics for HiTech Corporation
- Capstone Project - 2. Building a Comprehensive Rewards Program for Company XYZ
- Capstone Project - 3. Compensation Integration for a Merger & Acquisition
- Capstone Project - 4. Global Compensation Planning for Multinational Company
- Capstone Project - 5. Transitioning to Automated Compensation Management
SAP Server Access Request
Reach out to us at [email protected] if you need SAP server access after the course purchase
Got Questions?
Frequently Asked Questions
When does the course start and finish?
The course is entirely self-paced. You decide when you start and when you finish.
How long do I have access to the course?
That depends on the type of Subscription you bought - Monthly or Yearly. After enrolling, you have unlimited access to this course and materials within across any and all devices you own.
What do I get after I signup?
After you signup and make the payment, you will have full access to the course which includes,
1. Session Videos (these videos are from actual live sessions from the past)
2. Assignments
3. Assessments
4. Lab documents
5. Other pdfs (configuration documents, ebooks, pdfs, interview and certification faqs)
How do I get access to practice on the Server?
Reach out to your Support team and send an email to [email protected] and they will send you the details and the monthly cost for the Server (if available)
Are the video or materials downloadable?
No, they are not. But you have unlimited access to view them from any device and on this platform depending on your Subscription type. Everything on this platform is the intellectual property of ZaranTech
How soon after I enroll and make payment would get access to the course?
Immediately
What if I have doubts, whom do I ask?
These are pre-recorded videos from the actual Live Training program. Most of the doubts were cleared in the session videos itself. But if you still have any questions, please raise a ticket, and our support team will help you https://zarantech.freshdesk.com/support/tickets/new
What if I have issue accessing the course?
You can Raise a ticket by clicking the link below and select the appropriate ticket - https://zarantech.freshdesk.com/support/tickets/new
How will I get my course completion certificate?
Once you have successfully completed the training and the Final Quiz/Assessment, then you can avail of your Certificate of Completion from ZaranTech which you can then showcase on Linkedin and other Social Media portals
Do you provide Instructor-led Live training for Individuals?
Yes, we do. Email us at [email protected] and we will send you all the details
How we deliver Live training - https://bit.ly/How-we-deliver-training
Do you provide Corporate/group training?
Yes, we do. We have trained more than 100 Workday customers with over 4000 participants in USA, Canada, Europe, Asia, South America. We offer corporate training for all Workday modules.
Course Catalog - https://bit.ly/workday-course-catalog
How we deliver corporate training (video) - https://bit.ly/workday-Corp-training
How do I get certified in Workday?
Workday certification is worth its weight in gold as it gives a holistic understanding of the entire application to a new professional. The criterion to attend the Workday Certification Program is that one must either be a part of Workday or should be associated with one of its partners. The certification program should be completed within a month but if you fail to get the certification in your first attempt then Workday allows you to re-do your training. This Enterprise application undergoes numerous minor updates and 2-3 major updates in a year. Whenever a major update takes place the user has to go through the training again and get the certification. This is done by Workday so that all the users remain on the same page. If you are not an employee of Workday or any of its partner companies, it is impossible to gain a Workday certification.
What if I am unhappy with the course?
We would never want you to be unhappy! If you are unsatisfied with your purchase, contact us in the first 7 days and we will give you a full refund.
What is your Refund Policy and Terms of Use?
To know more about canceling the enrollment, refund, and rescheduling policy, visit:
Refund and Rescheduling Policy – https://www.zarantech.com/Refund-policy/
Terms of Service – https://www.zarantech.com/terms-of-use/
What other Resources do you provide?
Follow us on Youtube for FREE videos - https://www.youtube.com/@workdaylearner community
Follow us on Linkedin for Free Materials - https://www.linkedin.com/showcase/workday-learner-community/
Follow us on Quora to Ask any Questions - https://workdaylearnercommunity.quora.com/
Checkout our Workday Corporate Course Catalog - https://bit.ly/workday-course-catalog
Name some official partners of Workday.
Implementation Partners List -https://www.workday.com/en-us/partners-services/partners/services-partners.html#?q=
Integration Partners List - https://www.workday.com/en-us/partners-services/partners/software-partners.html#?q=
Past Students Testimonials.
https://bit.ly/zarantech-google-reviews