1) Benefits Enrollment: Workday allows employees to enroll in, make changes to, or opt out of different benefit plans during specific enrollment periods.

2) Plan Configuration: Organizations can configure and customize different benefit plans, including health insurance, dental coverage, vision plans, retirement savings options, and more.

3) Open Enrollment: Workday supports open enrollment periods during which employees can review and select their benefit options for the upcoming year.

4) Life Events: Employees can make changes to their benefit selections based on qualifying life events, such as marriage, birth of a child, or a change in marital status.

5) Dependent Management: Workday enables employees to manage information about their dependents, such as adding or removing dependents from benefit plans.

6) Benefits Compliance: The module helps organizations comply with regulations such as the Affordable Care Act (ACA) and other labor laws related to benefit offerings.

7) Cost Calculation: Workday can calculate and display the cost of different benefit plans for both employees and employers.

8) Integration: Workday Benefits may integrate with external benefits providers, carriers, and insurance companies to facilitate enrollment and communication.

9) Reporting and Analytics: The platform provides reporting and analytics capabilities to monitor benefit usage, costs, and trends.

Workday Benefits aims to simplify the administration of employee benefits, enhance the employee experience during enrollment, and ensure accurate tracking of benefit selections and costs. By providing a centralized and automated solution, organizations can effectively manage their benefit programs, communicate benefit information to employees, and make informed decisions about benefit offerings.