Workday Compensation Business Systems Analyst / Product Manager

Workday Compensation Business Systems Analyst / Product Manager

Anywhere

Type: Contract

Category: Business Analysis

Industry: Technology

Workplace Type: Remote

Reference ID: JN -022026-105565

Date Posted: 02/17/2026

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Description:

Remote

Our client seeks a Workday Compensation Business Systems Analyst / Product Manager to own, configure, and improve Workday Core and Advanced Compensation. The role operates at the intersection of HR, Finance, and People Technology as a functional subject matter expert and product owner, supporting annual cycles, ongoing pay programs, and long-term roadmap evolution.

Due to client requirements, applicants must be willing and able to work on a w2 basis. For our w2 consultants, we offer a great benefits package that includes Medical, Dental, and Vision benefits, 401k with company matching, and life insurance.

Rate: $70.00 to $80.00/hr. w2

Responsibilities:

• Serve as BSA/Product Manager for Workday Core Compensation and Advanced Compensation across merit, bonus, stock, and one-time payment programs.

• Own configuration for compensation plans and packages, grades and grade profiles, ranges, eligibility rules, proration logic, and compensation review processes.

• Partner with HR and Total Rewards to translate compensation strategy into scalable Workday solutions.

• Lead requirements gathering with HR, Finance, Payroll, and Legal stakeholders.

• Translate business needs into configuration-ready functional designs.

• Analyze downstream impacts to Payroll, Time and Absence, Reporting, and integrations.

• Drive end-to-end testing including unit, integration, and UAT for compensation events and annual cycles.

• Act as Product Owner for Workday Compensation within the People Technology portfolio.

• Maintain and prioritize a product backlog of enhancements, defects, and optimization items.

• Partner with engineering, HRIS, and vendors to deliver roadmap initiatives using Agile practices.

• Evaluate new Workday releases and features and recommend adoption based on business value.

• Serve as the primary point of contact for compensation system decisions and communicate tradeoffs, risks, and recommendations to senior leaders.

• Support executive-level reporting, pay equity analysis, and audit readiness.

Experience Requirements:

• 6+ years of experience in Workday HCM with deep specialization in Compensation.

• Hands-on configuration experience with Core Compensation, Advanced Compensation, and compensation review cycles.

• Background as a Business Systems Analyst, Product Manager, or HRIS Lead.

• Proven experience leading annual merit and bonus cycles in Workday.

• Excellent analytical, documentation, and stakeholder communication skills.

• Experience supporting global compensation programs (preferred).

• Exposure to Time Tracking, Absence, Payroll, or Reporting dependencies (preferred).

• Agile and product management experience including backlog ownership and sprint planning (preferred).

• Workday certification in Compensation or HCM (preferred).

Recruitment Transparency Notice

Eliassen Group values transparency in our recruitment practices. Please be advised that Eliassen Group utilizes artificial intelligence (AI) tools as part of its initial application screening process. You may receive email and SMS notifications from the Eliassen Virtual Recruiting Team ( [email protected] , 781-808-2924) inviting you to complete a brief voice screening as part of your application process. These tools assist our hiring teams in different ways, including but not limited to, assistance in reviewing application materials to help identify candidates whose qualifications most closely match the requirements of the position. All AI-assisted evaluations and responses are reviewed by human recruiters before any hiring decisions are made. The use of AI in our process is intended to support fairness, efficiency, and consistency, and Eliassen Group takes measures to prevent bias or discrimination in connection with its hiring practices. By proceeding, you acknowledge, agree, and consent to Eliassen Group's use of these tools, including AI tools, as part of the application and hiring process.

Skills, experience, and other compensable factors will be considered when determining pay rate. The pay range provided in this posting reflects a W2 hourly rate; other employment options may be available that may result in pay outside of the provided range.

W2 employees of Eliassen Group who are regularly scheduled to work 30 or more hours per week are eligible for the following benefits: medical (choice of 3 plans), dental, vision, pre-tax accounts, other voluntary benefits including life and disability insurance, 401(k) with match, and sick time if required by law in the worked-in state/locality.

Please be advised- If anyone reaches out to you about an open position connected with Eliassen Group, please confirm that they have an Eliassen.com email address and never provide personal or financial information to anyone who is not clearly associated with Eliassen Group. If you have any indication of fraudulent activity, please contact [email protected] _.

About Eliassen Group:

Eliassen Group is a leading strategic consulting company for human-powered solutions. For over 30 years, Eliassen has helped thousands of companies reach further and achieve more with their technology solutions, financial, risk & compliance, and advisory solutions, and clinical solutions. With offices from coast to coast and throughout Europe, Eliassen provides a local community presence, balanced with international reach. Eliassen Group strives to positively impact the lives of their employees, clients, consultants, and the communities in which they operate.

Eliassen Group is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.

Don't miss out on our referral program! If we hire a candidate that you refer us to then you can be eligible for a $1,000 referral check!_