What type of benefits can employees typically enroll in through Workday during their onboarding process?

During the onboarding process, employees typically enroll in benefits that are essential for their well-being and financial security, which includes health insurance, life insurance, and retirement savings plans. These benefits are critical components of an employee's overall compensation and help attract and retain talent within an organization.

Health insurance is vital for employees as it provides access to necessary medical care, potentially reducing out-of-pocket expenses. Life insurance offers security to an employee’s beneficiaries in the event of unforeseen circumstances, while retirement savings plans encourage employees to save for their future, fostering long-term financial stability.

While vacation time and sick leave, employee stock options, bonuses, and training programs may be significant aspects of an employment package, they are not typically part of the benefits enrollment during the initial onboarding stage. Instead, they may be addressed in separate discussions related to an employee’s overall employment terms or professional development goals. Consequently, the focus during onboarding is primarily on the fundamental benefits that impact employees' immediate health and financial security.