A little over one year into our technology-led transformation, we could not be more excited about our unique opportunity to support what we call the decade of the employee. Address modern workforce needs and create a high-performing culture. Heres ourprivacy policy. 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. Once logged in, you can access your personal benefits information wherever and whenever needed. Hosted Business Gross Profit and Adjusted EBITDA was immaterial for the three months ended June 30, 2021. E-Suite: Executive leadership publication, Sorry, no results were found for your search. We have the experience, technology and solutions to guarantee return onyourspend. The increase was primarily due to incremental interest associated with the additional unsecured and secured senior notes issued in the second half of 2020. Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips. 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. Alight is a good place to work. Proceeds from the business combination and the related PIPE transaction were used to repay certain existing borrowings of the Company. The questions in the surveys mirrored each other. LearnMore. 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. According to the findings, more than half (58%) of companies believe they understand what benefits their employees want, whereas only 37% of employees say their employers benefit offerings meet their needs. Nothing is more important to us than our people. Almost half (45%) of employees also believe that individual advice sessions based on personal needs is another method that could improve benefit communications. Your response will be removed from the review this cannot be undone. 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. Available as part of our global payroll solution, it simplifies the process of paying your global workforce, while minimizing unexpected costs along the way. Robust solutions to help your people grab hold of their financial future. We'll make sure you're connected to the right person. Current and former employees report that Alight Solutions provides the following benefits. 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. . So we're left in the dark until we can call State Farm retirement services the next day. 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. please fix for Android users. You'll learn about EY and Better You as if you were at an in-person event! At Alight Solutions, we promise to treat your data with respect and will not share your information with any third party. 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 Every employee has unique needs, values and interests, and todays workplace is constantly changing. Premiums are based off your pay range. hb``d``( ,@Q [g.d:Rc~8fz~J,10 f7u 30 iI k:#!q 1fV`=e<2AHQmK+fw?F nbeXoQ r* By providing your email address below, you are providing consent to Alight Solutions to send you the requested Investor Email Alert updates. FlexJobs is excited to announce its 10th annual Top 100 Companies to Watch for Remote Jobs list! Please use our support tool to find your HR website and your company's service center contact information. Quick Summary of Benefits: As of 2017, they have a record of 50,000 employees in their organization. Require additional assistance with your personal benefits? In addition, the Companys updated full-year adjusted EBITDA outlook now. Webinars The PTO is pretty good. Our value-led approach powered by advanced health technology allows employees to make clearer choices, putting you at ease. The international airline KLM operates in the fiercely competitive airline industry. The developer, Alight Solutions, LLC, indicated that the apps privacy practices may include handling of data as described below. Eliminate the complexity of managing multi-country payroll by leveraging a unified payroll experience for your global workforce. Committed to helping America's military veterans find work, Has programs that support a diverse and inclusive workforce, Taking steps to prioritize employee well-being, Maintain entry-level hiring and career development programs to give people career starts, Alight Solutions is proud to be named to the Top 100 Companies for Remote Jobs by @FlexJobs! 0 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. And, with our Total Rewards, we are certified as a Great Place to Work. 163 0 obj <>stream Alight Total Health Benefits Administration Healthcare Navigation Reimbursement Accounts Alight Well Eligibility & Compliance Everything health on a single platform. These products capitalize on the Companys robust data combined with artificial intelligence (AI) and analytics to deliver greater employee engagement and employer outcomes. 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. In connection with the closing of the merger with FTAC, the Company repaid $1,786 million of debt, consisting of $556 million of term loan debt and $1,230 million of unsecured notes. Discover what it means to be a Better You at EY. Alight was formed in May 2017 after the acquisition of the benefits outsourcing department of Aon Hewitt by private equity funds affiliated with . Benefits information above is provided anonymously by current and former Alight Solutions employees, and may include a summary provided by the employer. Use this app to: - Find a doctor or urgent care clinic. This app may share these data types with third parties, I have never been so frustrated using an app. The Company and Foley Trasimene Acquisition Corp. (FTAC), a publicly traded special purpose acquisition company, successfully completed their business combination on July 2, 2021. We work with you to put your benefits strategy to work, seven days of the week. 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. https://leplb0790.upoint.alight.com/base-portal-32-theme/css : 3.2 Theme. In addition, Alight also considers bookings, defined as total contract value for customer agreements executed in the period, to be a key indicator of future revenue growth and used as a metric of commercial activity by management and investors. Data privacy and security practices may vary based on your use, region, and age. Alight Solutions is an Information technology and consulting company based in Lincolnshire, . 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. Overall Benefits and Compensations. %%EOF You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Everything health on a single platform. As a result, we're an employer of choice. 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. Alight Digital Wallet gives your people the opportunity to get paid 365 days a year and is a low-cost way to enhance your employee benefits package. 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. A simple, seamless, integrated and connected employee experience. 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. The curated experience provided through the Wellbeing Marketplace helps employees gain access to a broad range of wellbeing services and experiences that are relevant and meaningful to them based on interests and lifestyle needs.. 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. If you experience any issues with this process, please contact us for further assistance. This compares to the Companys previous full-year 2021 revenue growth outlook of approximately 1%, or $2.76 billion. The developer provided this information and may update it over time. Investor.relations@alight.com. One surveyed 1,400 employees and the second surveyed 420 employers, and both were conducted across 6 countries the U.K., France, Spain, Italy, Germany, and the Netherlands between June and September 2022. 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. Reconciliations of the historical non-GAAP financial measures used in this press release are included in the attached tables. We are delighted to power Alights Wellbeing Marketplace with benefits that support the whole person.. I have tried to reinstall this several times, you cannot see the left side toolbar menu once you get into the reimbursement category. Vision Insurance. Pros. Benefits information above is provided anonymously by current and former Alight Solutions employees, and may include a summary provided by the employer. Your response will be removed from the review this cannot be undone. For over a decade, FlexJobs has tracked and analyzed remote job postings to help connect job seekers with remote career opportunities. For over a decade, FlexJobs has tracked and analyzed remote job postings to help connect job seekers with remote career opportunities. Pay people accurately and on-time and stay compliant with Payroll solutions. Whether youre looking for us to augment your team or take ownership of your payroll operations, our flexible approach means we can adapt to your needs. 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. 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. L|b PuHBx;G|/s(,h9L,p-]Lr@0X3Lra4%>Z@VPa: 3 plans , 2 High Deductible plan and 1 PPO - the harder you work the more you might get paid. 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. They may be eligible to the following benefits once they are qualified: Medical; Dental Vision "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 . Their employees may join in a wide selection of benefit programs as soon as they become eligible. After submitting your request, you will receive an activation email to the requested email address. Cons. We bring together people, process and technology all underpinned by the latest innovation to put your people and their financial wellbeing first. Alight Investor Relations 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. Total revenue increased 3.9% to $672 million for the three months ended June 30, 2021 from $647 million for the prior year period. Adjusted EBITDA growth to a range of 8%-10%, or $610 million to $620 million. Webinars 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. Reset password? Contact our support team. 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. See how our strategic partnerships deliver Contact our support team. Search below to find your company's HR website. Alights Wellbeing Marketplace is Integrated into the Alight Worklife platform and powered by Fringe, the lifestyle benefits platform that is redefining employee benefits for the new world of work, to give employers and their employees single sign-on capabilities (SSO) to the most comprehensive set of wellbeing experiences and services in the market. 2 HDHP plans w/crazy high OOP limits and 1 PPO option: $150+ deducted per check. https://cache.alight.com/privacy/PrivStat.htm. When our people thrive, we thrive. It may not be complete. 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, We'll make sure you're connected to the right person. Learn more about how we can help your business. Search below to find your company's HR website. Targeted solutions for employees mind, body, wallet and life needs. 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. https://www.businesswire.com/news/home/20210812005069/en/, Investors: Cut through complexity and map out a clear deployment for your organization. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. This will help to improve the awareness and utilisation of benefit programmes, drive greater returns on investment for employers, enhance the overall employee wellbeing, and ultimately help to attract and retain talents now and in the future," said Jan Pieter Janssen, vice president of business development at Alight. This means everything in the company needs to be optimized including its HR function. Their employees may join in a wide selection of benefit programs as soon as they become eligible. Keep everything running smoothly once live to realize the value of your cloud. Hosted Business revenues were $11 million for the three months ended June 30, 2021 as compared to $18 million for the prior year period. Enter your company's name. Designed to help administer your health benefits, cut costs and unlock the wellbeing of your people. 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. these two issues make the app essentially useless.. thus, trash. 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. When your benefits strategy delivers a positive experience to your people, thats when youll see a return. Designed to help administer your health benefits, cut costs and unlock the wellbeing of your people. Double-Digit Growth in Total Bookings and BPaaS Revenue 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 . Alight is a fast paced work, however, its great as an entry level or even for experienced individuals in these fields of customer service. Weve created fully integrated and diverse health solutions designed for today and tomorrow. This global commodity company was using local banks to manage payroll payments to their employees which were unreliable, expensive and operationally burdensome. 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. A comprehensive solution where data-driven analytics guide your people to make better healthcare decisions and curb overspending. If you experience any issues with this process, please contact us for further assistance. 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. This guide provides highlights of Chipotle's employee benefit plans and programs for summary purposes. On . . absolute trash. Additionally, more than half (61%) of employers insist their benefits go beyond local requirements, while just over a third (34%) of employees believe their companies offer substantial benefits beyond those required by local legislation. Please contact the employer to understand the benefits connected to a relevant job. 401k match first 6%, which I felt was fair. That's why we put the health and vitality of our people at the absolute center of everything we do through EY Better You a holistic approach to well-being. Mariana Fischbach LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- Alight is a registered trademark Alight Solutions LLC. It's simply blank. Get assistance By Phone (TTY 711) You can speak with one of our Licensed Advisors (TTY 711) Copyright 2023 Apple Inc. All rights reserved. Wondering how we use your information? Alight allows employees to enrich their health, wealth and work while enabling global organizations to achieve a high-performance culture. The Benefits Center is powered by Alight Solutions. Which is why I removed the bulk of my 401k to a self-directed IRA back when my company made the shift; depends upon whether your company allows for that or not, I guess.But the app does what it says on the tin. The Hosted Business provides on-premise management of hosted human capital management platforms, including Oracle. Wondering how we use your information? Expert help that assesses your technology and guides you in your cloud journey. compensation and recognition programs, time off and flexibility, and learning and development programs. The Era of the Employee is here | Alight, Media Contact After submitting your request, you will receive an activation email to the requested email address. For more information, see the developers privacy policy. Alight also offers Perks at Work , which is a free employee perks and discount program designed to help you find the perks that matter to you. 2023 Alight Solutions. Below youll find an overview of the benefits available to our U.S. colleagues. Companies and people. 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. In addition, I signed up for a challenge to manual record each day if I have met that challenge: however it does not allow you to save any confirmation of completion. 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. 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. 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. MacKenzie Lucas Privacy Policy - Cookie Notice - Terms of Use - Cookie Notice - Terms of Use We know SaaS platforms inside and out. 135 0 obj <>/Filter/FlateDecode/ID[<97DDE93CE029555897C7F77835CFF8CF>]/Index[107 57]/Info 106 0 R/Length 128/Prev 221031/Root 108 0 R/Size 164/Type/XRef/W[1 3 1]>>stream 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. Engage employees with their health benefits in an impactful way. They may be eligible to the following benefits once they are qualified: Vision Health Dental Life Insurance Long Term Care Legal Insurance 401 (K) Retirement plan Some of their benefits may also include the following: Paid Holidays Maternity Leave Standardizing and harmonizing processes while also leveraging powerful technology helps to identify and correct costly payroll errors, minimizing payroll leakage. KLM: The choice of SAP to ensure standarization, continuity and flexibility, The 10 most common payroll process errors and how to avoid them. ROI guaranteed. Healthcare is very complex and frustrating. On July 29, 2021, the Company entered into a definitive agreement to acquire the Aon Retiree Health Exchange business from Aon plc. Our flexible working environment empowers our teams to find balance so that they can fully engage at the office and in life. You can sign up for additional alert options at any time. See our FAQs for answers to common questions. 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. 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. 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. 2023 Medical insurance is abysmal. best in class, full-service solutions. Continue to push apps out for well being.
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