In 2014, Alight stopped actively pursuing new clients in the Hosted Business and have since successfully migrated a significant number of its Hosted clients to cloud-based solutions. We bring together people, process and technology all underpinned by the latest innovation to put your people and their financial wellbeing first. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. As a result, and in conjunction with the business combination, the Company reduced its total debt by more than 40% to $2,351 million. Total revenue increased 3.9% to $672 million for the three months ended June 30, 2021 from $647 million for the prior year period. Raising Full-Year Outlook . Alight undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. With personalized, data-driven health, wealth, pay and wellbeing insights, Alight brings people the security of better outcomes and peace of mind throughout lifes big moments and most important decisions. Great benefits, Good pay, time off, sick time, employee rewards. BENEFITS PORTAL - CULTIVATE ME Review your benefits all in one place Your employee portal is the centralized place to see all the most current benefit options available to you. The pay could be a little better especially for the work you have to perform. On July 29, 2021, the Company entered into a definitive agreement to acquire the Aon Retiree Health Exchange business from Aon plc. Supported by our global delivery capabilities, Alight Worklife is transforming the employee experience for people around the world. ABN AMRO Bank is the third-largest bank in the Netherlands. Alight is a leading cloud-based human capital technology and services provider that powers confident health, wealth, and wellbeing decisions for 36 million people and dependents. Insurance, Health & Wellness Financial & Retirement Family & Parenting Vacation & Time Off Perks & Discounts Professional Support Insurance, Health & Wellness Health Insurance 3.4 Revenue growth to a range of 3%-5%, or $2.81 billion to $2.86 billion, which is expected to be weighted toward the fourth quarter. You must click the activation link in order to complete your subscription. What kind of benefits do Aon employees get? Working at Alight Feb 23, 2023 - CCR II in The Woodlands, TX Recommend CEO Approval Business Outlook Pros Lots of training, team support, 3 weeks of PTO plus wellness time off, benefits Cons Difficult to make bonus due to metric system, low pay Be the first to find this review helpful Helpful Share 4.0 Former Employee, more than 3 years Health benefits are one of the largest expenses to an organization, while also one of the most complicated. The Wellbeing Marketplace allows employers to easily unlock flexibility that grows loyalty without the complexity of vendor management, providing frictionless engagement to support healthy bodies, minds, wallets and lives for their employees. Within our four well-being dimensions are traditional benefits as well as unique, voluntary programs, designed to help you thrive and succeed in our fast-paced work environment and transformative world: Physically focused support to help you reach and maintain your healthy peak, Emotional support and daily life resources to help you manage your personal life and build resiliency, Financial support to help you plan for the future, Social impact programs to help you connect to communities and each other. Ive seen the negative reviews. A simple, seamless, integrated and connected employee experience. The effective tax rate for the three months ended June 30, 2021 was approximately (34)% and was primarily driven by foreign and state income taxes in jurisdictions where the Company had operations that generated operating income or losses. In addition, the Companys updated full-year adjusted EBITDA outlook now. Adjustments to reconcile net loss to net cash provided by operations: Acquisition of businesses, net of cash acquired, Net (decrease) increase in fiduciary liabilities, Principal payments on finance lease obligations, Tax payment for units withheld in lieu of taxes, Restricted cash included in fiduciary assets, Total cash, cash equivalents and restricted cash, Financing fee amortization and other non-cash items, Change in operating assets and liabilities, Adjusted EBITDA less Capital Expenditures, Recurring and total Hosted Business revenue, Total revenue increased 3.9% to $672 million, driven by a 5.4% increase in Employer Solutions revenue and a 3.4% increase in Professional Services Revenue, Business Process as a Service (BPaaS) revenue increased 19.0% to $94 million and represented 14.0% of total revenue, Operating income increased 211.1% to $56 million, net loss decreased to $4 million from $25 million and adjusted EBITDA increased to $145 million from $136 million, Total bookings increased 13.9% to $435 million and BPaaS bookings increased 287.1% to $240 million on a total contract value basis, Landed and expanded a number of new logos and existing clients, including Sartorius, ABN AMRO, Ledesma and GE Appliances (a Haier company), Completed Business Combination Agreement with Foley Trasimene Acquisition Corp. and repaid more than 40% of total debt on July 2, 2021 and began trading on NYSE under ticker ALIT on July 6, 2021. Selling, general and administrative expenses decreased 6.3% to $105 million, or 15.6% of revenue, for the three months ended June 30, 2021 from $112 million, or 17.3% of revenue, in the prior year period. If you experience any issues with this process, please contact us for further assistance. At Alight Solutions, we promise to treat your data with respect and will not share your information with any third party. Welcome to your online benefits portal. This compares to the previous full-year 2021 adjusted EBITDA growth outlook of approximately 6%, or $600 million. Interested parties can also listen to a live webcast or replay of the conference call and access accompanying presentation materials by logging on to the Investor Relations section on the Companys website at http://investor.alight.com. Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips. Require additional assistance with your personal benefits? As of June 30, 2021, the Companys cash and cash equivalents balance was $460 million, total debt was $4,072 million and total debt net of cash and cash equivalents was $3,612 million. Alight was formed in May 2017 after the acquisition of the benefits outsourcing department of Aon Hewitt by private equity funds affiliated with . The PTO is pretty good. All rights reserved. Find Your HR Website | Alight Find Your HR Website Home Find Your HR Website Need help with your personal benefits? Address modern workforce needs and create a high-performing culture. We bring an industry leader's expertise and a true partner's commitment to our benefits and administration solutions around health, wealth, HR, finance and consumer experience. Other comprehensive income (loss), net of tax: Total other comprehensive income (loss), net of tax: Members' equity (123,700 and 123,700 A units, 1,817 and 1,800 A-1 units and 2,088 and 1,736 B units issued and outstanding, in each case, as of June 30, 2021 and December 31, 2020, respectively). @\ bpm$?`20R?g 7 Whether youre booking a weekend getaway or buying a laptop, Perks at Work has negotiated with thousands of merchants to offer value and a pricing advantage as part of a private network. With personalized, data-driven health, wealth, pay and wellbeing insights, Alight brings people the security of better outcomes and peace of mind throughout lifes big moments and most important decisions. 1-866-599-4647 Mon. Putting the right benefits strategy in place for your employees can be a key differentiator for your business. LearnMore. Hosted Business revenues were $11 million for the three months ended June 30, 2021 as compared to $18 million for the prior year period. Lower healthcare costs with guaranteed ROI, Single destination for employees health benefit needs, Configured to match annual enrollment strategy, Analytics and tools to help your people make smart decisions across the care spectrum, Omni-channel to meet people where they are, Identify highly-rated, cost-effective providers, Help employees become better consumers of healthcare, In the moment benefit and clinical guidance, Drive sustainable improvement with challenges, journeys and incentives, Timely, customized communications to sustain engagement, Personalized guidance to help individuals meet their unique wellbeing goals, Prevent loss and uncover massive cost savings, Easy form processing on cloud-based platform. We work with you to put your benefits strategy to work, seven days of the week. Double-Digit Growth in Total Bookings and BPaaS Revenue Alight is a fast paced work, however, its great as an entry level or even for experienced individuals in these fields of customer service. Please use our support tool to find your HR website and your company's service center contact information. 470-638-7400 Subject to terms, conditions and availability. Alight is a good place to work. endstream endobj 108 0 obj <>>> endobj 109 0 obj <> endobj 110 0 obj <>/Font<>/XObject<>>>/Rotate 0/Tabs/W/TrimBox[0 0 612 792]/Type/Page>> endobj 111 0 obj <>stream Contact our support team. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. We use analytics to predict, personalize, synthesize and simplify, so employees are empowered to use their health benefits. The following data may be collected and linked to your identity: The following data may be collected but it is not linked to your identity: Privacy practices may vary, for example, based on the features you use or your age. KLM: The choice of SAP to ensure standarization, continuity and flexibility, The 10 most common payroll process errors and how to avoid them. Once logged in, you can access your personal benefits information wherever and whenever needed. Eliminate the complexity of managing multi-country payroll by leveraging a unified payroll experience for your global workforce. hb``d``( ,@Q [g.d:Rc~8fz~J,10 f7u 30 iI k:#!q 1fV`=e<2AHQmK+fw?F nbeXoQ r* Enter your company's name. The increase was primarily due to incremental interest associated with the additional unsecured and secured senior notes issued in the second half of 2020. dX ?&0M3aRi`/_{gg`nMzlr!IzKDbfKm-+U:9:6>`!1Dx9pbcc1}8v4QIXDX NwO P`&R*&T"_sl]De"c!pw,uR}z.#b8:TYqzR7LMz~1=5y:auy: VO{m]1-:OOmdW;l6/o:8O_:=(lU7/wi yRA6)mO^V]KP9NAoN N_;gm5Qf5y7?azuah.saO>()]f[3}6'x]qQ]EW|~P4m5G(^l&t,Uk9_ o{K@=hg7z:$QJvT(^%F8=nAT|).4E pD|Qt2r7eb}Q{_xP;ZSmpW 8jA Z0q R1:yGXxM% }r)pe::+@-f These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in Alights filings with the SEC. Cons. Adjusted EBITDA, which is defined as earnings before interest, taxes, depreciation and intangible amortization adjusted for the impact of certain non-cash and other items that we do not consider in the evaluation of ongoing operational performance, is a non-GAAP financial measure used by management and our stakeholders to provide useful supplemental information that enables a better comparison of our performance across periods. %%EOF A conference call to discuss the Companys second-quarter 2021 financial results is scheduled for today, August 12, 2021, at 7:30 a.m. Central Time. Search below to find your company's HR website. The increase in gross profit was primarily driven by revenue growth as discussed above and lower delivery expenses related to the Companys cloud-based services and productivity initiatives, including the impact of lower restructuring and integration related costs, partially offset by increases in costs associated with the growth in current and future revenues. Health insurance is either BCBSIL or Kaiser depending on where you are located. We'll make sure you're connected to the right person. When our people thrive, we thrive. By logging on, you are agreeing to the Terms of Service, Privacy Statement, and Cookie Notice. Additionally, Adjusted EBITDA less Capital Expenditures is a non-GAAP measure that is used by management and our stakeholders to evaluate our core operating performance. Our latest Alight Workplace Benefits Study surveyed 1,400 employees and 420 employers across the UK, France, Germany, Italy, the Netherlands, and Spain between June and September 2022, to understand their perceptions of benefit programmes. We'll make sure you're connected to the right person. Current and former employees report that Alight Solutions provides the following benefits. Learn how Alight helps organizations of all sizes, including over 70% of the Fortune 100. CT Engage@Nissan Nissan LiveWell Benefits Center Nissan Employee Benefits Advocacy Services Support for questions about your benefit elections or accessing LiveWellAtNissan.com 1-833-4LIVEWELL Our Alight. Privacy Policy - Cookie Notice - Terms of Use - Cookie Notice - Terms of Use My State Farm Benefits Resource Center. The Hosted Business provides on-premise management of hosted human capital management platforms, including Oracle. Adjusted EBITDA growth to a range of 8%-10%, or $610 million to $620 million. Access this site to review pension, 401k, medical, life, & HRA benefits you may be eligible for as well as wellness programs like Quit for Life. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Alight Solutions is an Information technology and consulting company based in Lincolnshire, . Keep everything running smoothly once live to realize the value of your cloud. Cut through complexity and map out a clear deployment for your organization. Employer Solutions are driven by Alights digital, software and AI-led capabilities and spans total employee wellbeing and engagement, including integrated benefits administration, healthcare navigation, financial health, employee wellness and payroll. Use this app to: - Find a doctor or urgent care clinic. Such forward-looking statements are subject to various risks and uncertainties including, among others, risks related to the level of business activity of our clients, risks related to the impact of the COVID-19 pandemic, including as a result of new strains or variants of the virus, competition in our industry, the performance of our information technology systems and networks, our ability to maintain the security and privacy of confidential and proprietary information and changes in regulation. You can sign up for additional alert options at any time. The Era of the Employee is here | Alight, Media Contact With processing taken care of and automation enabled, you can significantly reduce the amount of time spent on administering payroll. Their employees may join in a wide selection of benefit programs as soon as they become eligible. Our Alight Worklife platform combines data and analytics with a simple, seamless user experience. Use this app to: - Find a doctor or urgent care clinic - Enroll in important benefits - Review your medical plan and spend - Review your 401(k) contribution elections and make changes if needed - Review your pension benefit - See if you are on track for retirement - Access and save a copy of your insurance card - Get help from your personal Health Pro - Explore other benefit resources all in one place - Review your time off balance - Accessing your Wellbeing benefits and step challenges with HealthKit integration Disclaimer: Features available on this app are dependent on your employers benefit plan. Everything health on a single platform. Alight announces launch of Wellbeing Marketplace, evolving the benefits ecosystem with flexibility and choice, comprehensive suite of wellbeing solutions, Concierge support and trusted guidance, through benefit counselors, Health Pros, Medical Allies and Financial Advisors. The app does not have a back to Home button on any page: when you go down a section for perhaps 8 screens, you have to click your way all the way back through all the screens you just navigated - how frustrating given the amount of branches in this app. Company should give better plans with reasonable premiums that would help mental well being. BPaaS products and services span across both the Employer Solutions and Professional Services segments of the business. Alight Reports Second Quarter 2021 Results, https://www.businesswire.com/news/home/20210812005069/en/, Cost of services, exclusive of depreciation and amortization. & DrelJ`$V"u To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Employer Solutions Revenue Increased 5.4% The questions in the surveys mirrored each other. The high deductible plans are terrible. Data privacy and security practices may vary based on your use, region, and age. However it will be costing my company a lot more time for me to manage such. 1 This is my companys new app to help centralize benefits and encourage wellness. The Wellbeing Marketplace enables employers to create a comprehensive benefits experience that meet the unique needs of employees and their families. Please contact the employer to understand the benefits connected to a relevant job. For more information, please visit www.alight.com. Alight's new Workplace Benefits in a Changing World 2023 report surveyed 1,400 employees and 420 mid-sized to large employers across France, Germany, Italy, Netherlands, Spain and the United . Below youll find an overview of the benefits available to our U.S. colleagues. And, with our Total Rewards, we are certified as a Great Place to Work. Find Your HR Website | Alight Find Your HR Website Home Find Your HR Website Need help with your personal benefits? Wondering how we use your information? In some cases, these forward-looking statements can be identified by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "projects," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Learn about Alight Solutions , including insurance benefits, retirement benefits, and vacation policy. Visit the booths in the Exhibit Hall, watch presentations in the Auditorium and find helpful information in the Resources Room. If you have any difficulty navigating or using this site, call theBetter You Benefits Center. Premiums are based off your pay range. Investors and analysts can participate on the conference call by dialing 1-877-407-0792 or 1-201-689-8263. We know SaaS platforms inside and out. These statements include, but are not limited to, statements related to the expectations regarding the performance of Alights business, financial results, liquidity and capital resources and other non-historical statements, including the statements in the Business Outlook section of this press release. 2023 Medical insurance is abysmal. Simply scan the QR code at the top of the page, or visit benefits.unburritable.net to learn all about these items and more, include Verizon and AT&T discounts, Healthcare is very complex and frustrating. The developer provided this information and may update it over time. The decrease was primarily due to increased investments in the Companys commercial functions. My husband, who's the money brains in our marriage (I'm an artist, prize winning published author, love event planning, PR, communications, and publishing glossy magazines for the likes of Realtors Association for the greater Sarasota jurisdiction; same for a regional State Farm office in Maryland), is a retired board certified Financial Advisor practitioner of 25 years, with one of the oldest and largest true financial advisory firms in the USA.He's trying to help me complete the process to retire from State Farm. E-Suite: Executive leadership publication, Sorry, no results were found for your search. They may be eligible to the following benefits once they are qualified: Health Vision Dental Prescription Drug Life Insurance Accident Insurance Flexible Spending Accounts Employee Purchase Program Employee Stock Purchase Plan 401 (k) Company Match The transaction is expected to be completed during the fourth quarter of 2021 and remains subject to regulatory approvals and other customary closing conditions. https://leplb0790.upoint.alight.com/base-portal-32-theme/css : 3.2 Theme. Professional Services includes project-based cloud deployment and advisory work on human capital and financial platforms such as Workday, SAP SuccessFactors, Oracle, and Cornerstone OnDemand. All the listed benefits are extracted from job descriptions, reviews, and Q&A posted on Indeed. Successful Business Combination, Balance Sheet Highlights and Other Subsequent Events. On top of this, the banks were also unable to pay in certain currencies meaning employees were having to do their own currency conversions at their own expense. Log in to discover all the ways we can help you and your family. endstream endobj startxref But are any helping you navigate, utilize and ultimately save on your investment? For the same reasons, we are unable to assess the probable significance of the unavailable information, which could have a material impact on our future GAAP financial results. For over a decade, FlexJobs has tracked and analyzed remote job postings to help connect job seekers with remote career opportunities. We are delighted to power Alights Wellbeing Marketplace with benefits that support the whole person.. Require additional assistance with your personal benefits? Reported anonymously by Alight Solutions employees. Your response will be removed from the review this cannot be undone. these two issues make the app essentially useless.. thus, trash. The result is an app that takes a lot of time to use and fails to track anything about your health - it also seems the $s my company is providing by tracking things in this app is a con and not achievable. Alight Solutions benefits and perks, including insurance benefits, retirement benefits, and vacation policy. Since my husband has also been a customer of State Farm Insurance (auto & housing) for more than 40 years, he just might escalate the concerns and problems encountered with Alight to the appropriate VPs in State Farm HQ offices, who will want to know how things really are like for their upcoming retirees and this buggy app "Alight Solutions" can't manage to provide real solutions!?! A simple, seamless, integrated and connected employee experience. Overall Benefits and Compensations. I tried the website with desktop browser because the app experience is so frustrating but it somehow can't find my employer on desktop but can in the app. After submitting your request, you will receive an activation email to the requested email address. Visit the Better You Experience our virtual benefits fair to get familiar with the great programs and services available through Better You. 107 0 obj <> endobj Enhance your cloud technology and communications with our strategic consultants. At Alight Solutions, we promise to treat your data with respect and will not share your information with any third party. Alight mobile app is available for any employee and benefit participants of companies that partner with Alight Solutions to administer their HR and benefit programs. Pros. Alights payment and treasury service streamlines payroll processes, controls cost and reduces the burden of global bank transaction management. All rights reserved. please fix for Android users. It is crucial for employers to identify ways to innovate and future-proof benefits strategies and provide employees with an integrated, personalised and technology-driven experience. At Alight, we are powering human capital by bringing to market the first integrated employee benefits engagement platform, Alight Worklife, which drives improved outcomes and productivity through a personalized experience for our more than 30 million participants and their family members, said Chief Executive Officer Stephan Scholl. it also doesn't always give you the ability to scroll down to see all your insurance info. . The international airline KLM operates in the fiercely competitive airline industry. Our Alight Worklife platform combines data and analytics with a simple, seamless user experience. Personalized assistance for your people throughout enrollment and beyond. For over a decade, FlexJobs has tracked and analyzed remote job postings to help connect job seekers with remote career opportunities. Reset password? Given the momentum in the first half of the year along with the planned closing of the Aon Retiree Health Exchange acquisition early in the fourth quarter, the Company is raising its full-year 2021 revenue and adjusted EBITDA outlook as follows: Earnings Conference Call and Webcast Information. Alight (NYSE: ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today reported results for the second quarter ended June 30, 2021. The revenue growth discussed above was offset by increases in costs associated with growth of current and future revenues. Alight mobile app is available for any employee and benefit participants of companies that partner with Alight Solutions to administer their HR and benefit programs. Learn about Alight Solutions , including insurance benefits, retirement benefits, and vacation policy. We understand the powerful human connections that create success for your organization. View source version on businesswire.com: https://www.businesswire.com/news/home/20230302005085/en/, Teresa ZhouTEAM LEWISAlightHub@teamlewis.com, Workplace Benefits in a Changing World 2023 report, https://www.businesswire.com/news/home/20230302005085/en/, Reports: 3 children dead, 2 wounded in attack at Texas home, Kellyanne Conway, George Conway To Divorce After Decadeslong Marriage: Report, School punished teen girl for working out in sports bra in 100-degree Texas heat, ACLU says, U.S. court won't require FAA to make airplane seat size, spacing rules, 'Extremely dangerous': Spike in illegal crossings at Canada-Vermont border has feds sounding alarm. Learn more about how we can help your business. Heres ourprivacy policy. LONDON, March 02, 2023--(BUSINESS WIRE)--According to a report released today from Alight, a leading cloud-based human capital technology and services provider, workplace benefits play an important role in attracting, engaging and retaining talent yet employees do not always see value in their existing benefits, while employers generally overestimate them. Webinars You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Employers are realizing that their people sit at the heart of their own transformation, and they must accelerate their digital strategies to address the two most important issues for employees, staying healthy and becoming financially secure., Scholl continued: Our results for the first half of 2021 were ahead of plan. The Wellbeing Marketplace is part of Alights comprehensive suite of wellbeing solutions designed to help employers create an ecosystem of holistic wellbeing for employees with key offerings such as: Alight is a leading cloud-based human capital technology and services provider that powers confident health, wealth and wellbeing decisions for 36 million people and dependents. Contact our support team. View source version on businesswire.com: I can't log in without the screen timing out. Guide your people to the right care from the start, saving money and improving healthcare outcomes. Benefits are way overpriced but there is a great variety of benefits and perks. In 2020, Alight began measuring revenue growth as it relates to the cloud-based products and solutions that are central to its Alight Worklife platform and next-generation product suite, BPaaS solutions. 470-638-7400 Access your employer benefits health, retirement and payroll details anytime, anywhere. You must click the activation link in order to complete your subscription. This means everything in the company needs to be optimized including its HR function. After submitting your request, you will receive an activation email to the requested email address. I may end up using it for data information to be plugged into Quicken, well see.As far as Alight being the usual bunch of Wall Street money grubbers trying to manage or snarf your hard earned 401k money with non-public, non-reported, mutual funds with difficult to determine costs, got no argument with that. The Workplace Benefits in a Changing World 2023 report is based on two surveys conducted to capture the perceptions of employees and employers. Alight is a registered trademark Alight Solutions LLC. best in class, full-service solutions. Access your employer benefits health, retirement and payroll details anytime, anywhere. For the three months ended June 30, 2021, total bookings increased 13.9% to $435 million and BPaaS bookings increased 287.1% to $240 million from the prior year period.