Principal Compensation Partner at Workday

Pleasanton, California, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Technology, Human Resources, SaaSIndustries

Requirements

A minimum of 12 years experience in compensation market analysis, plan design and pay administration
Proven understanding of compensation practices
Bachelor’s Degree in Business Administration or related field (ideally with Human Resource, compensation, benefits and/or organizational development concentration)
Advanced proficiency with Excel, Word and Power Point
Experience using the Workday HCM strongly preferred
Strong verbal and written communication skills
Ability to build a network to work across cross functional teams to achieve business goals
Analytical thinker with strong problem solving skills with the ability to understand and communicate the meaning of the data being presented
Proven track record to adapt and work effectively in a matrix organization to develop solutions that benefit the business

Responsibilities

Act as a strategic compensation partner supporting the Global Customer Operations organization
Develop and implement competitive compensation strategies that attract and retain top-performing talent and motivates performance
Act as a strategic partner to the broader People & Purpose teams to ensure that all compensation programs align with our talent philosophy and strategic goals of the company
Partner with HR business partners to strategize and develop compensation programs to resolve complex issues, as needed
Team with the Revenue Operations and Finance teams to ensure the compensation structure aligns with business priorities
Develop cost models on a variety of global compensation programs
Provide overall compensation support throughout our recurring compensation processes
Maintain job structures and associated pay ranges to ensure market competitiveness and scalability
Collaborate with Talent Acquisition and people leaders with compensation recommendations on complex job offers
Lead ad hoc projects, as assigned

Skills

Compensation Strategy

Data Analytics

Strategic Consulting

HR Reporting

Business Partnering

Market Analysis

Total Rewards

Workday

Cloud applications for finance and HR management

About Workday

Workday provides enterprise cloud applications that focus on finance and human resources for medium to large-sized businesses across various industries. Its main products include Workday Human Capital Management, Workday Financial Management, Workday Adaptive Planning, and Workday Student, which help organizations manage their workforce and streamline financial operations. The software operates on a subscription model, allowing clients to pay a recurring fee based on the number of users and specific modules needed. This model supports continuous updates and improvements to the software. Workday stands out from competitors due to its strong emphasis on customer satisfaction and employee engagement, offering tools like Workday Peakon Employee Voice to enhance workforce experience. The company's goal is to provide essential tools that improve operational efficiency and support businesses in managing their human resources and financial operations effectively.

Pleasanton, CaliforniaHeadquarters

2005Year Founded

$209.4MTotal Funding

IPOCompany Stage

Consulting, Enterprise SoftwareIndustries

10,001+Employees

Benefits

Flexible Work Hours

Hybrid Work Options

Performance Bonus

Stock Options

Professional Development Budget

Conference Attendance Budget

Risks

Emerging HR tech startups like Buk could challenge Workday's market share.

Dependency on third-party platforms like Udemy may complicate service delivery.

Strategic shifts under new leadership could disrupt existing customer relationships.

Differentiation

Workday is a leader in cloud-based HCM and ERP solutions for large enterprises.

The company offers a subscription model ensuring steady revenue and continuous software updates.

Workday's focus on employee engagement tools like Peakon sets it apart in the market.

Upsides

Increased demand for cloud HCM solutions boosts Workday's market potential.

AI-driven analytics enhance Workday's financial management offerings with predictive insights.

Workday's partner ecosystem expansion, like with MetLife, opens new customer opportunities.

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