Principal Compensation Partner, Workday
$143.6-255.2k
Salary dependent on location
More information about location
Enterprise management cloud platform
Posted today
Enterprise management cloud platform
1001+ employees
Posted today
$143.6-255.2k
Salary dependent on location
More information about location
1001+ employees
Company mission
To provide an all-in-one management cloud solution for the rapidly changing business requirements of the modern world.
Role
Who you are
- 10+ years of progressive compensation partner experience with deep subject matter expertise
- Bachelor’s Degree in Business Administration or related field (ideally with Human Resource, compensation, benefits and/or organizational development concentration)
- A demonstrated ability in compensation market analysis, plan design and pay administration
- Advanced proficiency with Excel, Word and Power Point
- Experience using the Workday HCM strongly preferred
Desirable
- Strong verbal and written communication skills
- Ability to build a network to work across 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 benefits the business and customer
- Strong project management and organizational skills
What the job involves
- At Workday, employees are our #1 core value because we believe they are key to building a great company. Our people are a big reason why we continue to be recognized globally as a best place to work
- Compensating competitively and fairly is a very meaningful component to having happy employees! The Compensation Team at Workday is both collaborative and supportive, while be committed to delivering on outcomes and results. We also like to inject a little bit of enjoyment into our working life when we can
- Act as a strategic compensation partner supporting the Global Revenue and Marketing Organizations
- 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
- Ad hoc projects, as assigned
Our take
Workday is a cloud-based software vendor that provides management of workforces and finances. The company uses a single database for workforce management and financial management to offer integration and optimize business intelligence across companies. It has added to the packages and tools it offers over the years, providing analytic options that allow companies to combine third-party data with information collected by Workday.
Workday has acquired and paired up with many other companies to keep expanding its offering. In 2021, it purchased the employee feedback platform Peakon in response to the growing need for managers to be able to survey workers and collect satisfaction data without face-to-face meetings. The company has also bought and developed many financial tools and HR management tools.
The company’s goal is to provide end-to-end back office services and while there are other providers, such as UKG Pro and Ceridian HCM, Workday’s broad offering helps them to stand out. Though it faced a tough global market in 2023 and has shed some of its headcount, Workday has seen a 6.5% gain in value in the first quarter of 2024. It is now focusing on growth and developing the AI capabilities of its platform. .
Kirsty
Company Specialist at Welcome to the Jungle
Insights
16% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Oct 2011
$85m
SERIES F
Apr 2009
$75m
SERIES E
Total funding: $215.3m
Company benefits
- Company equity
- Vision and dental insurance
- Work from home opportunities
- Health insurance
- Virtual primary care
- Flexible time-off policy
- Global mental health resources
- Global dedicated on-site clinical counselors
- Global well-being days
- $25k fertility/family planning benefits
- North Star financial wellness
- Retirement funds and matching
- 401k plan
- On-site health clinic (Pleasanton office)
Company HQ
Pleasanton, CA
Leadership
Aneel Bhusri
(CEO)Worked for Morgan Stanley for 3 years and took a Stanford MBA, before spending almost 6 years at Oracle as SVP. Co-founded Workday in 2005 while working as a Greylock Advisory Partner.
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