Hosted Business Gross Profit and Adjusted EBITDA was immaterial for the three months ended June 30, 2021. Wondering how we use your information? The Company and Foley Trasimene Acquisition Corp. (FTAC), a publicly traded special purpose acquisition company, successfully completed their business combination on July 2, 2021. Health Benefits | Alight Use this app to: - Find a doctor or urgent care clinic. For your people to better enroll and engage in their benefits,they need support. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. And of course Alight does NOT provide direct support services via phone. Mariana Fischbach 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. 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. FlexJobs is excited to announce its 10th annual Top 100 Companies to Watch for Remote Jobs list! Their employees may join in a wide selection of benefit programs as soon as they become eligible. So hard to get ahead. L|b PuHBx;G|/s(,h9L,p-]Lr@0X3Lra4%>Z@VPa: Quick Summary of Benefits: As of 2019, they have a record of over 100,000 employees in their organization. Certified integrations with your HR platform allow for real-time calculations and an always-on payroll model that improves accuracy. 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!?! Payroll | Alight 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. best in class, full-service solutions. Safety starts with understanding how developers collect and share your data. 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. 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. Visit the Better You Experience our virtual benefits fair to get familiar with the great programs and services available through Better You. The increase was primarily due to incremental interest associated with the additional unsecured and secured senior notes issued in the second half of 2020. Please contact the employer to understand the benefits connected to a relevant job. Find Your HR Website | Alight Find Your HR Website Home Find Your HR Website Need help with your personal benefits? 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. Total revenue increased 3.9% to $672 million for the three months ended June 30, 2021 from $647 million for the prior year period. 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 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. Benefits are way overpriced but there is a great variety of benefits and perks. %%EOF With processing taken care of and automation enabled, you can significantly reduce the amount of time spent on administering payroll. Quick Summary of Benefits: As of 2020, they have a record of 70,000 employees in their organization. Alight is a fast paced work, however, its great as an entry level or even for experienced individuals in these fields of customer service. Innovation and understanding. Investor.relations@alight.com. Access your employer benefits health, retirement and payroll details anytime, anywhere. 470-638-7400 investor.relations@alight.com, Media: At the very least you need to fix the internal toolbar. As a result it needs to operate as efficiently as possible. This global commodity company was using local banks to manage payroll payments to their employees which were unreliable, expensive and operationally burdensome. For over a decade, FlexJobs has tracked and analyzed remote job postings to help connect job seekers with remote career opportunities. On August 1, 2019, Employee benefits platform Hodges-Mace was acquired by Alight Solutions. 1-866-599-4647 Mon. The Benefits Center is powered by Alight Solutions. 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 How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips. We know SaaS platforms inside and out. At Alight Solutions, we promise to treat your data with respect and will not share your information with any third party. The decrease was primarily driven by lower expenses related to productivity initiatives, including the impact of lower restructuring and integration related costs, partially offset by non-recurring professional expenses related to costs incurred in relation to the Companys Business Combination Agreement completed in the third quarter of 2021 and higher costs related to investments in commercial functions. The Wellbeing Marketplace enables employers to create a comprehensive benefits experience that meet the unique needs of employees and their families 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 . 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. We understand the powerful human connections that create success for your organization. Putting the right benefits strategy in place for your employees can be a key differentiator for your business. Designed to help administer your health benefits, cut costs and unlock the wellbeing of your people. The replay of the conference call webcast and accompanying presentation materials will be available on the investor relations website for approximately 90 days. Vision Insurance. Guide your people to the right care from the start, saving money and improving healthcare outcomes. Alights 15,000 dedicated colleagues serve more than 30 million employees and family members. Learn more about how we can help your business. The increase was driven by a 5.5% increase in recurring revenues to $516 million as a result of net commercial activity and transitions from the Hosted Business to cloud-based services, and a 3.9% increase in project revenues to $53 million from the prior year period. 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. 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. Privacy Policy - Cookie Notice - Terms of Use - Cookie Notice - Terms of Use Cloud-based solutions that use analytics and AI to put your data to work. - Fri., 7a.m. Alight Solutions is committed to the health and wellbeing of all colleagues. You can sign up for additional alert options at any time. 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. Professional Services total revenues increased 3.4% to $92 million for the three months ended June 30, 2021 as compared to $89 million for the prior year period. Once logged in, you can access your personal benefits information wherever and whenever needed. Alight Solutions: Employee Benefits and Perks | Glassdoor Available as part of our global payroll solution, it simplifies the process of paying your global workforce, while minimizing unexpected costs along the way. Alight Solutions: Employee Benefits and Perks | Glassdoor 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. Current and former employees report that Alight Solutions provides the following benefits. Realizing a fully optimized rate of return on their people and processes required end-to-end HR solutions and support. Subject to terms, conditions and availability. Our value-led approach powered by advanced health technology allows employees to make clearer choices, putting you at ease. 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. these two issues make the app essentially useless.. thus, trash. It may not be complete. Copyright 2023 Apple Inc. All rights reserved. Once logged in, you can access your personal benefits information wherever and whenever needed. ABN AMRO Bank is the third-largest bank in the Netherlands. Double-Digit Growth in Total Bookings and BPaaS Revenue And, with our Total Rewards, we are certified as a Great Place to Work. The revenue growth discussed above was offset by increases in costs associated with growth of current and future revenues. Coverage under any Chipotle employee benefit plan or program is subject to the rules, conditions, and restrictions that apply pursuant to the governing plan docu-ments, including the summary plan descriptions (SPDs) and any Their employees may join in a wide selection of benefit programs as soon as they become eligible. We know SaaS platforms inside and out. For more information, see the developers privacy policy. Ensure your people have funds to cover important life expenses, Realize immediate cost savings while minimizing compliance risks. 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. GSK Employee Benefits Alight | GlaxoSmithKline 401k Handbook Once logged in, you can access your personal benefits information wherever and whenever needed. 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. 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. Insurance, Health & Wellness Financial & Retirement Family & Parenting Vacation & Time Off Perks & Discounts Professional Support Insurance, Health & Wellness Health Insurance 3.4 Working at Alight Solutions: 771 Reviews (2023) | Indeed.com 771 reviews from Alight Solutions employees about Alight Solutions culture, salaries, benefits, work-life balance, management, job security, and more. A comprehensive solution where data-driven analytics guide your people to make better healthcare decisions and curb overspending. We're ready to change that! 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 . Their employees may join in a wide selection of benefit programs as soon as they become eligible. And we keep running into bugs with the app, as stated to be such by State Farm retirement reps we end up having to call, wasting our time and theirs. to 6p.m. 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 By providing your email address below, you are providing consent to Alight Solutions to send you the requested Investor Email Alert updates. Alight is a good place to work. sure, it's nice to have all my insurance info in an app but the formatting is so AWFUL. 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. 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.

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