Workday Benefits Training
Course Description
Benefit Transactions
- Introduction
- Foundation review
- Benefit Transactions
- Navigations
- Business Objects
- Standard screen & task icons
- Configuration options
- Organizations
- Benefit Groups
- Security
- Benefit Partner
- Benefits Administrator
- Benefits Configuration Review
- Coverage Targets
- Who are all allowed to enroll
- Coverage Target – HAS, types, groups & eligibility
- Benefit groups
- Benefits Plans, Events and Business Processes
- Benefit Plans, Year Definition, Events, Days to Enroll
- Coordination of Events
- Enrollment Event Types
- Distinguish Between Actions, Approvals & To Dos
- Business Process Condition Rules
- Benefits and HR Business Process
- Change Benefits Business Process
- Enrollment Event Processing
- Quick walk thru on already available reports
- Initiating & Reviewing a Benefit Event
- Importance of Benefit Event Status Report
- Enrollment Process, Correcting Benefits & Finding Events
- Correct Benefit Elections
- Multiple Events for the same Employee & Same Day
- Processing Rule Priorities
- Managing Dependents & Beneficiaries & inactivation
- Configuring the Business Process Dependent Event
- Court Ordered Benefits for Dependents
- Passive Events & processing
- Benefit Plan or Dependent Eligibility Rules
- Evidence of Insurability & Processing
- Trigger and Process EOI
- Open Enrollment & its associated process
- Open Enrollment Event Type
- OE initiation, elections & status report & closing
- Printing Benefit Statements
- Finalizing OE
- Coordination of Benefit Events with Open Enrollment
Advance Benefits
Benefits set up:
Manage Benefit Coverage Types
How to create
- Health Care Coverage Targets
- Insurance Coverage Targets
- Benefit Providers
- Benefit Groups
- Eligibility rules
Set up
- Benefit Enrollment Instructions
- Benefit Electronic Signatures
Understand Checking Benefit Group Eligibility
Address any question that you may have especially around ‘Benefit Groups’
Costs and Rates
- Set Up Insurance Costs
- Manage Individual Benefit Rates
Create
- Health Care Rates
- Insurance Coverages
- Insurance Rates
Enter Individual Benefit Rates
Setup Benefit Plans
> Employee Benefit Plans
> Health Care Plans
> Insurance Plans
Considerations – Critical Illness Insurance Plans
Create
- Retirement Savings Plans
- Rules for Allocating Retirement Savings Contributions
- Enroll an Employee in Retirement Savings Plans
- Health Savings Account Plans
- Spending Account Plans
- Additional Benefit Plans
Enrollment Events and Rules
Set Up
Enrollment Events and Rules & Automatic Benefit Eligibility Checks
Create
- Enrollment Events
- Enrollment Event Rules
- Conditional Messages for Enrollment Events
Enrolling New Hires in Benefits
Discontinue Benefits on Termination
Enrollment Period for Benefit Events
Coordination of Benefits Enrollment Events
Multiple Benefit Events on the Same Day
Plan Changes and Waiting Periods
Benefit Deduction Begin Date Rules
Default Coverage and Auto-Enrollment
Set Up
- Default Benefits Coverage
- Auto-Enrollment for Benefit Plans
Cross Plan (CP) Dependencies
Create
- CP Enrollment Prerequisites
- CP Insurance Coverage Maximums
- CP Insurance Percentage Maximums
- CP Retirement Savings Plan Contribution Maximums
- Scenario CP Enrollment Prerequisites
COBRA
COBRA Automation
Eligibility
Correct COBRA Eligibility Records
Grant COBRA
Determine Qualifying Event Date
Medicare
- Medicare Tracking
Manage Medicare Information
Watch Demo Video
Course Related FAQ's
Course Description
Learn about Setup Benefit, Cost and Rates. Acquire Knowledge in Default Coverage and Auto – Enrollment Gain an understanding of Benefit Changes, Passive Events and Evidence of Insurability.
MindMatricks provides the best and the most industry-relevant Workday Benefits Training to help you accelerate in your career. Attend an Online live demo session to get clear insights on Workday Benefits. There are plenty of opportunities awaiting in Workday across the globe.
Course Curriculum
- Introduction
- Foundation review
- Benefit Transactions
- Navigations
- Business Objects
- Standard screen & task icons
- Configuration options
- Organizations
- Benefit Groups
- Security
- Benefit Partner
- Benefits Administrator
- Benefits Configuration Review
- Coverage Targets
- Who are all allowed to enroll
- Coverage Target – HAS, types, groups & eligibility
- Benefit groups
- Benefits Plans, Events and Business Processes
- Benefit Plans, Year Definition, Events, Days to Enroll
- Coordination of Events
- Enrollment Event Types
- Distinguish Between Actions, Approvals & To Dos
- Business Process Condition Rules
- Benefits and HR Business Process
- Change Benefits Business Process
- Enrollment Event Processing
- Quick walk thru on already available reports
- Initiating & Reviewing a Benefit Event
- Importance of Benefit Event Status Report
- Enrollment Process, Correcting Benefits & Finding Events
- Correct Benefit Elections
- Multiple Events for the same Employee & Same Day
- Processing Rule Priorities
- Managing Dependents & Beneficiaries & inactivation
- Configuring the Business Process Dependent Event
- Court Ordered Benefits for Dependents
- Passive Events & processing
- Benefit Plan or Dependent Eligibility Rules
- Evidence of Insurability & Processing
- Trigger and Process EOI
- Open Enrollment & its associated process
- OE initiation, elections & status report & closing
- Printing Benefit Statements
- Finalizing OE
- Coordination of Benefit Events with Open Enrollment
Advance Benefits
- Manage Benefit Coverage Types
- How to create
- Health Care Coverage Targets
- Insurance Coverage Targets
- Benefit Providers
- Benefit Groups
- Eligibility rules
- Set up
- Benefit Enrollment Instructions
- Benefit Electronic Signatures
- Understand Checking Benefit Group Eligibility
- Address any question that you may have especially around ‘Benefit Groups’
- Set Up Insurance Costs
- Manage Individual Benefit Rates
- Health Care Rates
- Insurance Coverages
- Insurance Rates
- Setup Benefit Plans
- Employee Benefit Plans
- Health Care Plans
- nsurance Plans
- Create
- Retirement Savings Plans
- Rules for Allocating
- Retirement Savings Contributions
- Enroll an Employee in
- Retirement Savings Plans
- Health Savings Account Plans
- Spending Account Plans
- Additional Benefit Plans
- Set Up
- Enrollment Events and Rules & Automatic Benefit Eligibility Checks
- Create
- Enrollment Events
- Enrollment Event Rules
- Conditional Messages for Enrollment Events
- Enrolling New Hires in Benefits
- Discontinue Benefits on Termination
- Enrollment Period for Benefit Events
- Coordination of Benefits
- Enrollment Events
- Multiple Benefit Events on the Same Day
- Plan Changes and Waiting Periods
- Benefit Deduction Begin Date Rules
- Set Up
- Default Benefits Coverage
- Auto-Enrollment for Benefit Plans
- Create
- CP Enrollment Prerequisites
- CP Insurance Coverage Maximums
- CP Insurance Percentage Maximums
- CP Retirement Savings Plan Contribution Maximums
- Scenario CP Enrollment Prerequisites
- COBRA Automation
- Eligibility
- Correct COBRA Eligibility
- Records
- Grant COBRA
- Determine Qualifying Event Date
- Medicare Tracking
- Manage Medicare Information
Request for more information
Features
- Lifetime access
- Lifetime video access
- Real-time case studies
- The Project integrated into the curriculum
- 24*7 Support from our team of administrators
Training Options
Self Placed
Unlimited Access
299
- Advanced sessions
- Interview Q&A
- Free Study Materials
- Premium Technical support
Instructor Led Live Traning
Unlimited Access
599
- Live instructor
- Advanced sessions
- Interview Q&A
- Premium Technical support
Corporate Training
Unlimited Access
699
- Live instructor
- Advanced sessions
- Interview Q&A
- Premium Technical support
Testimonials
HAPPY STUDENTS
The experience has been extremely satisfying. I like the interaction method and how the instructor acknowledges to subjects and provide feedback in real time.
Ed Peter
The live instructor was absolutely incredibly gentle and executed all our doubts. The course with Mind Matricks has admittedly been a great encounter because of the way the instructors emphasized the topics in an easy method.
Shilpi Brar
The way Mind Matricks conducted Instructor LED live training was really magnificent and very engaging and clear. The dedicated customer support is very well organized.
Kshitij Singh
My instructor was especially very patient and executed to address all our uncertainties. The course with Mind Matricks has admittedly been a great knowledge because of the process the trainers emphasized the points.