What are lifecycle events activity sets composed of?

Lifecycle events activity sets are primarily composed of activities that pertain to a specific lifecycle event within an organization. These lifecycle events can include various HR processes such as onboarding, offboarding, promotions, and other significant employee transitions. The activities within these sets are designed to ensure that all necessary actions, notifications, and procedures are executed effectively during these events.

By having a predetermined set of activities, organizations can streamline their HR operations, ensure consistency in handling lifecycle events, and enhance the employee experience. This collection of activities may involve tasks such as completing forms, scheduling training sessions, or conducting exit interviews, all of which are integral to the effective management of an employee's journey within the organization.

The other options provided do not align with the definition of lifecycle events activity sets. Financial reports and employee performance metrics relate to broader organizational assessments rather than specific processes tied to lifecycle events, while compliance guidelines serve as standards for legal and regulatory adherence but do not encompass the operational activities directly associated with managing employee transitions and changes.