Workday Benefits Training

Benefit Transactions

1. Introduction
2. Foundation review
3. Benefit Transactions
4. Navigations
5. Business Objects
6. Standard screen & task icons
7. Configuration options
8. Organizations
9. Benefit Groups
10. Security
11. Benefit Partner
12. Benefits Administrator
13. Benefits Configuration Review
14. Coverage Targets
15. Who are all allowed to enroll
16. Coverage Target – HAS, types, groups & eligibility
17. Benefit groups
18. Benefits Plans, Events and Business Processes
19. Benefit Plans, Year Definition, Events, Days to Enroll
20. Coordination of Events
21. Enrollment Event Types
22. Distinguish Between Actions, Approvals & To Dos
23. Business Process Condition Rules
24. Benefits and HR Business Process
25. Change Benefits Business Process
26. Enrollment Event Processing
27. Quick walk thru on already available reports
28. Initiating & Reviewing a Benefit Event
29. Importance of Benefit Event Status Report
30. Enrollment Process, Correcting Benefits & Finding Events
31. Correct Benefit Elections
32. Multiple Events for the same Employee & Same Day
33. Processing Rule Priorities
34. Managing Dependents & Beneficiaries & inactivation
35. Configuring the Business Process Dependent Event
36. Court Ordered Benefits for Dependents
37. Passive Events & processing
38. Benefit Plan or Dependent Eligibility Rules
39. Evidence of Insurability & Processing
40. Trigger and Process EOI
41. Open Enrollment & its associated process
42. Open Enrollment Event Type
43. OE initiation, elections & status report & closing
44. Printing Benefit Statements
45. Finalizing OE
46. 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

1. Health Care Rates
2. Insurance Coverages
3. Insurance Rates

Enter Individual Benefit Rates

Setup Benefit Plans

> Employee Benefit Plans

> Health Care Plans

> Insurance Plans

Considerations – Critical Illness Insurance Plans

Create

1. Retirement Savings Plans
2. Rules for Allocating Retirement Savings Contributions
3. Enroll an Employee in Retirement Savings Plans
4. Health Savings Account Plans
5. Spending Account Plans
6. 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