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 only thing you see is a notification bubble. To give your people the best experience and your business the best return, you need steadfast, integrated solutions to help everyone save in the long run. Learn how Alight unlocks growth for organizations of all sizes at alight.com. 2023 Medical insurance is abysmal. hWko6+ac(i[%Be8n;fB )y=3RLj>0e35z,7%sWkhd/(Ib(LrG6 gy,pg$SQLy1$l 3.1. Continue to push apps out for well being. All rights reserved. 771 reviews from Alight Solutions employees about Alight Solutions culture, salaries, benefits, work-life balance, management, job security, and more. You must click the activation link in order to complete your subscription. We know SaaS platforms inside and out. Cut through complexity and map out a clear deployment for your organization. Vision Insurance. We bring together people, process and technology all underpinned by the latest innovation to put your people and their financial wellbeing first. We use analytics to predict, personalize, synthesize and simplify, so employees are empowered to use their health benefits. 107 0 obj <> endobj 470-638-7400 Company should give better plans with reasonable premiums that would help mental well being. Learn how Payment Services helped this organization to pay in a wider range of currencies, reduce payment charges by 50% and cut payment timelines by 80%. When I try and leave feedback it just leads me to a blank screen, you can't take screenshots to send in to prove that you paid for payments because it's been turned off by the administration. At Alight Solutions, we promise to treat your data with respect and will not share your information with any third party. Alights Managed Payroll Services combines deep payroll expertise, decades of experience and innovative technology to deliver accurate and compliant payroll administration. @\ bpm$?`20R?g 7 to 6p.m. Reconciliations of projected non-GAAP measures included in the Business Outlook section of this press release are not included as they cannot be provided without unreasonable effort because of the inherent difficulty of accurately forecasting the occurrence and financial impact of the various adjusting items necessary for such reconciliation that have not yet occurred, are out of our control, or cannot be reasonably predicted. hbbd```b``d"^e" "yy^I50i Glassdoor is your resource for information about Alight Solutions benefits and perks. And of course Alight does NOT provide direct support services via phone. Raising Full-Year Outlook . 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. The Benefits Center is powered by Alight Solutions. In addition, the Companys updated full-year adjusted EBITDA outlook now. #FJTop100 #remotework #remotejobs #jobs #jobsearch. Subject to terms, conditions and availability. For example, 61% of employers believe their employees understand the available benefits "very well" and 65% believe they have communicated them clearly to employees, yet less than half of employees (48%) agree with this sentiment. Search below to find your company's HR website. Certified integrations with your HR platform allow for real-time calculations and an always-on payroll model that improves accuracy. Employer Solutions Revenue Increased 5.4% The respondents worked for mid-sized and large companies across multiple industries. Targeted solutions for employees mind, body, wallet and life needs. Wondering how we use your information? Please contact the employer to understand the benefits connected to a relevant job. Glassdoor is your resource for information about Alight Solutions benefits and perks. 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. 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. Address modern workforce needs and create a high-performing culture. Welcome to your online benefits portal. Heres ourprivacy policy. On . https://www.businesswire.com/news/home/20210812005069/en/, Investors: 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. This is my companys new app to help centralize benefits and encourage wellness. 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. This press release includes certain historical consolidated financial and other data for Alight Holding Company, LLC (formerly known as Tempo Holding Company, LLC) (Alight Holdings) and its subsidiaries. All the listed benefits are extracted from job descriptions, reviews, and Q&A posted on Indeed. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. The Wellbeing Marketplace enables employers to create a comprehensive benefits experience that meet the unique needs of employees and their families. 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. 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. Alight is a fast paced work, however, its great as an entry level or even for experienced individuals in these fields of customer service. E-Suite: Executive leadership publication, Sorry, no results were found for your search, Creating a unified and standardized approach to payroll. 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. 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. Employer Solutions Adjusted EBITDA increased 8.7% to $138 million, or 24.3% of Employer Solutions revenue, for the three months ended June 30, 2021, as compared to $127 million, or 23.5% of Employer Solutions revenue, for the prior year period. these two issues make the app essentially useless.. thus, trash. The landscape changes rapidly and theres no shortage of solutions outthere. Visit the Better You Experience our virtual benefits fair to get familiar with the great programs and services available through Better You. The remaining Hosted agreements are schedule to expire in 2023 and the Company does not intend to renew such agreements or enter into any new Hosted Business agreements. Within our four well-being dimensions are traditional benefits as well as unique, voluntary programs, designed to help you thrive and succeed in our fast-paced work environment and transformative world: Physically focused support to help you reach and maintain your healthy peak, Emotional support and daily life resources to help you manage your personal life and build resiliency, Financial support to help you plan for the future, Social impact programs to help you connect to communities and each other. please fix for Android users. Note: EY Better You is administered on EY's behalf by Alight Solutions, and is subject to Alight's terms and conditions linked to at the bottom of this page. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. It consistently does not recognize my username. The increase was primarily due to incremental interest associated with the additional unsecured and secured senior notes issued in the second half of 2020. & DrelJ`$V"u At Alight Solutions, we promise to treat your data with respect and will not share your information with any third party. You must click the activation link in order to complete your subscription. Webinars 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. Leveraging proprietary AI and data analytics, Alight optimizes business process as a service (BPaaS) to deliver superior outcomes for employees and employers across a comprehensive portfolio of services. It may not be complete. Alights 15,000 dedicated colleagues serve more than 30 million employees and family members. Safety starts with understanding how developers collect and share your data. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Current Client Specialist in Lincolnshire, IL, Illinois, Current Case Coordinator in Chicago, IL, Illinois, Current Project Manager in Raleigh, NC, North Carolina, Current Senior Client Technology Manager in Charlotte, NC, North Carolina, Former Customer Service Representative (CSR) in Dallas-Fort Worth, Texas, Current Workday Project Manager in Kansas City, MO, Missouri, Current Senior Client Manager in Chicago, IL, Illinois, Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, Accidental Death & Dismemberment Insurance. Expert help that assesses your technology and guides you in your cloud journey. 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 $112 million, or 17.3% of revenue, in the prior year period. With an unwavering belief that a companys success starts with its people, Alight Solutions is a leading cloud-based provider of integrated digital human capital and business solutions. !\{F%eM$M{(&Z3#ss9;Xt!?tG=>tI+oL$FF]yydo>n{?{}kS|8Wkj?KX V6(GUb ?>lwK}*krExjQ5c)iv+XS#M_@2+]tc&r?i/g=P4YN&FwiiLa{Myqu4|2-. Search below to find your company's HR website. Furthermore the app seems to be missing the required permissions to enable Apple Health tracking: when you link it will tell you that is linked but it is not as the app never invokes the Apple Health permissions screen to enable it to read my data so consequently it does not track steps automatically. As a result of the above factors, loss before income tax benefit was $6 million for the three months ended June 30, 2021 compared to $30 million for the three months ended June 30, 2020. 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. It may not be complete. By providing your email address below, you are providing consent to Alight Solutions to send you the requested Investor Email Alert updates. Learn about Alight Solutions , including insurance benefits, retirement benefits, and vacation policy. 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. Premiums are based off your pay range. View source version on businesswire.com: The Era of the Employee is here | Alight, Media Contact By logging on, you are agreeing to the Terms of Service, Privacy Statement, and Cookie Notice. In addition to the compensation and recognition programs, time off and flexibility, and learning and development programs available to you through the EY Total Rewards program, Better You offers access to dozens of carefully curated resources. Given our momentum coming out of the first half, and the expected acquisition of the Aon Retiree Health Exchange, we are raising our full-year 2021 outlook for both revenue and adjusted EBITDA., Second Quarter 2021 and Subsequent Highlights (all comparisons relative to second quarter 2020). We are delighted to power Alights Wellbeing Marketplace with benefits that support the whole person.. Access your employer benefits health, retirement and payroll details anytime, anywhere. Engage employees with their health benefits in an impactful way. Employer Solutions Gross Profit increased 19.4% to $191 million, or 33.6% of Employer Solutions revenue, for the three months ended June 30, 2021 from $160 million, or 29.6% of Employer Solutions revenue, for the prior year period. L|b PuHBx;G|/s(,h9L,p-]Lr@0X3Lra4%>Z@VPa: 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. Alight allows employees to enrich their health, wealth and work while enabling global organizations to achieve a high-performance culture. 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. Password. Wondering how we use your information? The pay could be a little better especially for the work you have to perform. Alight Solutions Employee Benefits. Privacy Policy - Cookie Notice - Terms of Use - Cookie Notice - Terms of Use Ive seen the negative reviews. Hosted Business Gross Profit and Adjusted EBITDA was immaterial for the three months ended June 30, 2021. For more information, please visit www.alight.com. The study also found that omnichannel communication solutions, such as those using SMS, apps, shared hubs, as well as automated tools like chatbots, can be an effective way to create more transparency between the employee and employer. Current and former employees report that Alight Solutions provides the following benefits. Overall Benefits and Compensations. 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. Supported by our global delivery capabilities, Alight Worklife is transforming the employee experience for people around the world. I don't understand how there's a high rating for this app. Giving your workforce greater control over their finances is crucial to attracting and retaining top talent. 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. Alight Total Health Benefits Administration Healthcare Navigation Reimbursement Accounts Alight Well Eligibility & Compliance Everything health on a single platform. As a result, and in conjunction with the business combination, the Company reduced its total debt by more than 40% to $2,351 million. - Enroll in important benefits. Employer Solutions revenues increased 5.4% to $569 million for the three months ended June 30, 2021 as compared to $540 million for the prior year period. 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. The benefits and time off are added bonuses. Quick Summary of Benefits: As of 2020, they have a record of 70,000 employees in their organization. Designed to help administer your health benefits, cut costs and unlock the wellbeing of your people. Alight is a good place to work. Require additional assistance with your personal benefits? The increase in gross profit was primarily due to revenue growth as discussed above and lower expenses related to productivity initiatives, including the impact of lower restructuring and integration related costs, partially offset by increases in costs associated with growth of current and future revenues. 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. LearnMore. . Weve simplified the payroll experience to ensure your people are paid efficiently, accurately and on time. These products capitalize on the Companys robust data combined with artificial intelligence (AI) and analytics to deliver greater employee engagement and employer outcomes. It's time to make your life easier. mariana.fischbach@alight.com, Alight Investor Relations The increase was driven by a 5.4% increase in Employer Solutions revenue and a 3.4% increase in Professional Services revenue, partially offset by a 38.9% decline in Hosted Business revenue. This guide provides highlights of Chipotle's employee benefit plans and programs for summary purposes. The international airline KLM operates in the fiercely competitive airline industry. This means everything in the company needs to be optimized including its HR function. 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. The Hosted Business provides on-premise management of hosted human capital management platforms, including Oracle. 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, In connection with the completion of our business combination transaction with FTAC on July 2, 2021, we undertook certain reorganization transactions so that substantially all of our assets and business are held by Alight Holdings, of which Alight, Inc. is the managing member. Every employee has unique needs, values and interests, and todays workplace is constantly changing. "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 . investor.relations@alight.com, Media: Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital and technology services provider today announced the launch of its Wellbeing Marketplace to help employers unlock flexibility and bring more choice in benefit offerings for their diverse workforce needs through a curated network of lifestyle benefits from a trusted source. The developer, Alight Solutions, LLC, indicated that the apps privacy practices may include handling of data as described below. Reconciliations of the historical non-GAAP financial measures used in this press release are included in the attached tables. See how our strategic partnerships deliver Weve created fully integrated and diverse health solutions designed for today and tomorrow. 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. Whether youre managing payroll in a single country or multiple countries, you need a payroll experience that delivers process automation, real-time calculations and insights that drive outcomes. Investor.relations@alight.com. Great benefits, Good pay, time off, sick time, employee rewards. Employee payroll processing can be incredibly complex and, if not well managed, results in an array of errors that can cost employees, and the business, time and money. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. What kind of benefits do Aon employees get? Hosted Business revenues were $11 million for the three months ended June 30, 2021 as compared to $18 million for the prior year period. 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. The replay of the conference call webcast and accompanying presentation materials will be available on the investor relations website for approximately 90 days. 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 Copyright 2023 Apple Inc. All rights reserved. For over a decade, FlexJobs has tracked and analyzed remote job postings to help connect job seekers with remote career opportunities. With Alight as your partner, you can count on flexible and scalable payroll solutions that modernize, harmonize and simplify your payroll operations. 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. Robust solutions to help your people grab hold of their financial future. At the very least you need to fix the internal toolbar. Leveraging innovative technology, flexible managed payroll services and expertise in 188 countries and 25 languages, we deliver a payroll experience that puts your people first. 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. %%EOF Alights 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 Kingdom to understand the differences between employers and employees priorities and needs regarding benefits. Use this app to: - Find a doctor or urgent care clinic. They may be eligible to the following benefits once they are qualified: Medical; Dental Vision We'll make sure you're connected to the right person. 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. Data privacy and security practices may vary based on your use, region, and age. This compares to the Companys previous full-year 2021 revenue growth outlook of approximately 1%, or $2.76 billion. Alight Solutions is an Information technology and consulting company based in Lincolnshire, . We'll make sure you're connected to the right person. Successful Business Combination, Balance Sheet Highlights and Other Subsequent Events. Their employees may join in a wide selection of benefit programs as soon as they become eligible. Eliminate the complexity of managing multi-country payroll by leveraging a unified payroll experience for your global workforce. 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. Pay people accurately and on-time and stay compliant with Payroll solutions. A simple, seamless, integrated and connected employee experience. Their employees may join in a wide selection of benefit programs as soon as they become eligible. This global commodity company was using local banks to manage payroll payments to their employees which were unreliable, expensive and operationally burdensome. 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. Many people dont understand their health benefits, where to find care and how to handle the complexities of family, dependents and chronic conditions.
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