Additional factors that could cause Alights results to differ materially from those described in the forward-looking statements can be found under the section entitled "Risk Factors" of Alights Registration Statement on Form S-1 filed with the Securities and Exchange Commission (the "SEC") on August 2, 2021, as such factors may be updated from time to time in Alights filings with the SEC, which are accessible on the SEC's website at www.sec.gov. #FJTop100 #remotework #remotejobs #jobs #jobsearch. We are pleased to provide a comprehensive Total Rewards package of benefit options. It's time to make your life easier. 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 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. The replay of the conference call webcast and accompanying presentation materials will be available on the investor relations website for approximately 90 days. 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. We know SaaS platforms inside and out. Almost half (45%) of employees also believe that individual advice sessions based on personal needs is another method that could improve benefit communications. Interest expense increased 15.1% to $61 million for the three months ended June 30, 2021 as compared to the prior year period. By providing your email address below, you are providing consent to Alight Solutions to send you the requested Investor Email Alert updates. 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. 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. With Alight as your partner, you can count on flexible and scalable payroll solutions that modernize, harmonize and simplify your payroll operations. 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. Former employees, beneficiaries and alternate payees can access support directly from the benefits service providers using instructions below: 401 (k) and Pension Boeing Financial Benefits Service Center 1-866-422-3539 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. Benefits information above is provided anonymously by current and former Alight Solutions employees, and may include a summary provided by the employer. 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. Innovation and understanding. Alights Managed Payroll Services combines deep payroll expertise, decades of experience and innovative technology to deliver accurate and compliant payroll administration. We know SaaS platforms inside and out. And, with our Total Rewards, we are certified as a Great Place to Work. 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 This global commodity company was using local banks to manage payroll payments to their employees which were unreliable, expensive and operationally burdensome. Their employees may join in a wide selection of benefit programs as soon as they become eligible. It may not be complete. 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. We're ready to change that! They may be eligible to the following benefits once they are qualified: Health Insurance; Dental Insurance Vision Program Their employees may join in a wide selection of benefit programs as soon as they become eligible. Conferences. LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- 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. Quick Summary of Benefits: As of 2020, they have a record of 70,000 employees in their organization. Every employee has unique needs, values and interests, and todays workplace is constantly changing. Hosted Business revenues were $11 million for the three months ended June 30, 2021 as compared to $18 million for the prior year period. Privacy Policy - Cookie Notice - Terms of Use - Cookie Notice - Terms of Use sure, it's nice to have all my insurance info in an app but the formatting is so AWFUL. Quick Summary of Benefits: As of 2019, they have a record of over 100,000 employees in their organization. it runs off the screen with no ability to scroll to the side to fully read everything on the page or even make the page smaller so it all fits on the screen. Your response will be removed from the review this cannot be undone. 1-866-599-4647 Mon. 135 0 obj
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As a result, we're an employer of choice. 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. 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. 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. 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!?! HDHP or PPO available.. The decrease of $7 million was due to transitions from the Hosted Business to cloud-based services and the wind down of this segment. 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. With Alight as your partner, you can count on flexible and scalable payroll solutions that modernize, harmonize and simplify your payroll operations. The Benefits Center is powered by Alight Solutions. We have the experience, technology and solutions to guarantee return onyourspend. This compares to the previous full-year 2021 adjusted EBITDA growth outlook of approximately 6%, or $600 million. best in class, full-service solutions. hb``d``( ,@Q [g.d:Rc~8fz~J,10 f7u 30 iI k:#!q
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3.1. 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). Welcome to your online benefits portal. 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. 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 At the very least you need to fix the internal toolbar. E-Suite: Executive leadership publication, Sorry, no results were found for your search. Alight allows employees to enrich their health, wealth and work while enabling global organizations to achieve a high-performance culture. 2023 Alight Solutions. Investor.relations@alight.com. See how our strategic partnerships deliver
See our FAQs for answers to common questions. Alights 15,000 dedicated colleagues serve more than 30 million employees and family members. FlexJobs is excited to announce its 10th annual Top 100 Companies to Watch for Remote Jobs list! 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. 107 0 obj
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Access your employer benefits health, retirement and payroll details anytime, anywhere. Find Your HR Website | Alight Find Your HR Website Home Find Your HR Website Need help with your personal benefits? 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. Alight was formed in May 2017 after the acquisition of the benefits outsourcing department of Aon Hewitt by private equity funds affiliated with . Wondering how we use your information? I can't log in without the screen timing out. Get assistance By Phone (TTY 711) You can speak with one of our Licensed Advisors (TTY 711) 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. 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. You can also change your contact, bank account, and beneficiary information all in one place! These products capitalize on the Companys robust data combined with artificial intelligence (AI) and analytics to deliver greater employee engagement and employer outcomes. We work with you to put your benefits strategy to work, seven days of the week. Great benefits, Good pay, time off, sick time, employee rewards. With processing taken care of and automation enabled, you can significantly reduce the amount of time spent on administering payroll. Reset password? 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. Everything health on a single platform. https://cache.alight.com/privacy/PrivStat.htm. Current and former employees report that Alight Solutions provides the following benefits. Health care is comparable to other companies. Investor.relations@alight.com. Reconciliations of the historical non-GAAP financial measures used in this press release are included in the attached tables. 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. All rights reserved. By logging on, you are agreeing to the Terms of Service, Privacy Statement, and Cookie Notice. Giving your workforce greater control over their finances is crucial to attracting and retaining top talent. 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. On August 1, 2019, Employee benefits platform Hodges-Mace was acquired by Alight Solutions. After submitting your request, you will receive an activation email to the requested email address. Research by Alight analyses employee perceptions of workplace benefits offered by employers across Europe. The developer provided this information and may update it over time. Eliminate the complexity of managing multi-country payroll by leveraging a unified payroll experience for your global workforce. Alight Solutions is committed to the health and wellbeing of all colleagues. 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. compensation and recognition programs, time off and flexibility, and learning and development programs. 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.. Learn how Alight unlocks growth for organizations of all sizes at alight.com. 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. Financial wellbeing is a rising topic of importance for employees. Alight and Fringe are focused on providing an innovative benefits experience for todays workforce, said Isaiah Goodall, co-founder and head of channel partnerships at Fringe. Pros. 470-638-7400
We are proud to be shaping the future of work and life for organizations, people 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 diverse workforce needs through a curated network of lifestyle benefits from a trusted source. Once logged in, you can access your personal benefits information wherever and whenever needed. 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. 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. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. In addition, the Companys updated full-year adjusted EBITDA outlook now. 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. So hard to get ahead. Certified integrations with your HR platform allow for real-time calculations and an always-on payroll model that improves accuracy. The increase was primarily driven by a 19.2% increase of recurring revenues to $31 million as a result of increases in net commercial activity, partially offset by a 3.2% decrease in project revenues to $61 million from the prior year period. 3 plans , 2 High Deductible plan and 1 PPO - the harder you work the more you might get paid. Alight is a registered trademark Alight Solutions LLC. Engage employees with their health benefits in an impactful way. This app may share these data types with third parties, I have never been so frustrated using an app. Raising Full-Year Outlook . It consistently does not recognize my username. Personalized assistance for your people throughout enrollment and beyond. Health insurance is either BCBSIL or Kaiser depending on where you are located. these two issues make the app essentially useless.. thus, trash. Digital Wallet gives your people the opportunity to get paid 365 days a year and is a low-cost way to enhance your employee benefits package. For more information, please visit www.alight.com. If you have any difficulty navigating or using this site, call theBetter You Benefits Center. ABOUT ALIGHT SOLUTIONS Work and life. Alight Solutions is an Information technology and consulting company based in Lincolnshire, . !\{F%eM$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-. Health benefits are one of the largest expenses to an organization, while also one of the most complicated. Available as part of our global payroll solution, it simplifies the process of paying your global workforce, while minimizing unexpected costs along the way. 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 Below youll find an overview of the benefits available to our U.S. colleagues. What kind of benefits do Aon employees get? 2023 Medical insurance is abysmal. For the three months ended June 30, 2021, BPaaS revenue increased 19.0% to $94 million from the prior year period and represented 14.0% of total revenue. Webinars
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.
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