Which reports can be used to assess benefit utilization within Workday?

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Benefit utilization reports are crucial for understanding how employees engage with the available benefits within Workday. The Benefit Spend report provides insight into how funds are allocated toward various employee benefits, offering a clear view of financial expenditures linked to benefits. This aids in evaluating the overall effectiveness and appeal of the benefits being offered.

The Benefit Enrollment report complements this by presenting data on how many employees enroll in each benefit plan. Together, these reports allow organizations to assess not only the financial implications of their benefits but also the participation rates, helping identify trends or potential areas for improvement in employee engagement.

The other options present reports that either do not directly focus on benefit utilization or pertain to different aspects of employee experience or training effectiveness, making them less suitable for assessing how benefits are being utilized.

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