On August 1, 2019, Employee benefits platform Hodges-Mace was acquired by Alight Solutions. See our FAQs for answers to common questions. On July 29, 2021, the Company entered into a definitive agreement to acquire the Aon Retiree Health Exchange business from Aon plc. Alight was formed in May 2017 after the acquisition of the benefits outsourcing department of Aon Hewitt by private equity funds affiliated with . 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. This compares to the previous full-year 2021 adjusted EBITDA growth outlook of approximately 6%, or $600 million. The benefits and time off are added bonuses. Alight allows employees to enrich their health, wealth and work while enabling global organizations to achieve a high-performance culture. 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 And, with our Total Rewards, we are certified as a Great Place to Work. For your people to better enroll and engage in their benefits,they need support. By logging on, you are agreeing to the Terms of Service, Privacy Statement, and Cookie Notice. #FJTop100 #remotework #remotejobs #jobs #jobsearch. 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. 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. Username. Conferences. Alight Solutions is committed to the health and wellbeing of all colleagues. Enhance your cloud technology and communications with our strategic consultants. The high deductible plans are terrible. All rights reserved. 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 questions in the surveys mirrored each other. Proceeds from the business combination and the related PIPE transaction were used to repay certain existing borrowings of the Company. https://cache.alight.com/privacy/PrivStat.htm. 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. Please use our support tool to find your HR website and your company's service center contact information. Engage employees with their health benefits in an impactful way. 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. 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. Pros. We know SaaS platforms inside and out. 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. 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 . See how our strategic partnerships deliver Double-Digit Growth in Total Bookings and BPaaS Revenue Designed to help administer your health benefits, cut costs and unlock the wellbeing of your people. We are proud to be shaping the future of work and life for organizations, people and their families. Eliminate the complexity of managing multi-country payroll by leveraging a unified payroll experience for your global workforce. 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. Password. Our value-led approach powered by advanced health technology allows employees to make clearer choices, putting you at ease. Log in to discover all the ways we can help you and your family. Designed to help administer your health benefits, cut costs and unlock the wellbeing of your people. This means everything in the company needs to be optimized including its HR function. Alight Investor Relations 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 . 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. Require additional assistance with your personal benefits? Robust solutions to help your people grab hold of their financial future. LearnMore. 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. Visit the booths in the Exhibit Hall, watch presentations in the Auditorium and find helpful information in the Resources Room. 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! 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.. 2023 Medical insurance is abysmal. Ive seen the negative reviews. Ensure your people have funds to cover important life expenses, Realize immediate cost savings while minimizing compliance risks. 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. Investors and analysts can participate on the conference call by dialing 1-877-407-0792 or 1-201-689-8263. 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. A simple, seamless, integrated and connected employee experience. 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. Privacy Policy - Cookie Notice - Terms of Use - Cookie Notice - Terms of Use 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. Certified integrations with your HR platform allow for real-time calculations and an always-on payroll model that improves accuracy. 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. We know SaaS platforms inside and out. Contact our support team. 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. They may be eligible to the following benefits once they are qualified: Health Insurance; Dental Insurance Vision Program Safety starts with understanding how developers collect and share your data. The revenue growth discussed above was offset by increases in costs associated with growth of current and future revenues. benefits, logging in to Engage@ Nissan or Workday, locating policies and payroll, or locating the correct contact. View source version on businesswire.com: Get assistance By Phone (TTY 711) You can speak with one of our Licensed Advisors (TTY 711) For over a decade, FlexJobs has tracked and analyzed remote job postings to help connect job seekers with remote career opportunities. Access your employer benefits health, retirement and payroll details anytime, anywhere. 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. Require additional assistance with your personal 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. KLM: The choice of SAP to ensure standarization, continuity and flexibility, The 10 most common payroll process errors and how to avoid them. Access your employer benefits health, retirement and payroll details anytime, anywhere. What kind of benefits do Aon employees get? Conferences. "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 . 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. Our Alight Worklife platform combines data and analytics with a simple, seamless user experience. If you experience any issues with this process, please contact us for further assistance. Professional Services Gross Profit of $26 million for the three months ended June 30, 2021 was flat with the prior year period. Hosted Business Gross Profit and Adjusted EBITDA was immaterial for the three months ended June 30, 2021. BPaaS products and services span across both the Employer Solutions and Professional Services segments of the business. 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. I can't log in without the screen timing out. mackenzie.lucas@alight.com, Alight Investor Relations Putting the right benefits strategy in place for your employees can be a key differentiator for your business. ROI guaranteed. Everything health on a single platform. E-Suite: Executive leadership publication, Sorry, no results were found for your search, Creating a unified and standardized approach to payroll. The Hosted Business provides on-premise management of hosted human capital management platforms, including Oracle. All the listed benefits are extracted from job descriptions, reviews, and Q&A posted on Indeed. Their employees may join in a wide selection of benefit programs as soon as they become eligible. The Company and Foley Trasimene Acquisition Corp. (FTAC), a publicly traded special purpose acquisition company, successfully completed their business combination on July 2, 2021. 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. 107 0 obj <> endobj Reset password? Copyright 2023 Apple Inc. All rights reserved. And of course Alight does NOT provide direct support services via phone. 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. Available as part of our global payroll solution, it simplifies the process of paying your global workforce, while minimizing unexpected costs along the way. hbbd```b``d"^e" "yy^I50i Their employees may join in a wide selection of benefit programs as soon as they become eligible. best in class, full-service solutions. 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 $53 million from the prior year period. Search below to find your company's HR website. !\{F%eM$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-. These products capitalize on the Companys robust data combined with artificial intelligence (AI) and analytics to deliver greater employee engagement and employer outcomes. Discover what it means to be a Better You at EY. This is my companys new app to help centralize benefits and encourage wellness. With Alights Wellbeing Marketplace, employers can now provide their employees with access to 150+ services and experiences in over 50 countries that are aligned to employees unique life stages and personal needs, including services supporting: Our data shows1 that most employees would believe their employer was offering benefits in their best interest if they were to provide customized benefits with greater choice, said Alison Borland, executive vice president, wealth and wellbeing solutions at Alight. Wondering how we use your information? 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 have any difficulty navigating or using this site, call theBetter You Benefits Center. So hard to get ahead. 3 plans , 2 High Deductible plan and 1 PPO - the harder you work the more you might get paid. Cons. We bring together people, process and technology all underpinned by the latest innovation to put your people and their financial wellbeing first. The replay of the conference call webcast and accompanying presentation materials will be available on the investor relations website for approximately 90 days. 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. Reported anonymously by Alight Solutions employees. Please use our support tool to find your HR website and your company's service center contact information. The respondents worked for mid-sized and large companies across multiple industries. Almost half (45%) of employees also believe that individual advice sessions based on personal needs is another method that could improve benefit communications. 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. It may not be complete. 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. When our people thrive, we thrive. Alight Total Health Benefits Administration Healthcare Navigation Reimbursement Accounts Alight Well Eligibility & Compliance Everything health on a single platform. 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. 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. 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. 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 Current and former employees report that Alight Solutions provides the following benefits. 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. Once logged in, you can access your personal benefits information wherever and whenever needed. Learn how Alight helps organizations of all sizes, including over 70% of the Fortune 100. We'll make sure you're connected to the right person. The only thing you see is a notification bubble. 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!?! Enter your company's name. Overall Benefits and Compensations. 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. Quick Summary of Benefits: As of 2017, they have a record of 50,000 employees in their organization. Supported by our global delivery capabilities, Alight Worklife is transforming the employee experience for people around the world. 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. Which benefits does Alight Solutions provide? The Workplace Benefits in a Changing World 2023 report is based on two surveys conducted to capture the perceptions of employees and employers. Benefits information above is provided anonymously by current and former Alight Solutions employees, and may include a summary provided by the employer. 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. Learn about Alight Solutions , including insurance benefits, retirement benefits, and vacation policy. Its a struggle to make smart health benefit decisions alone. 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. hb``d``( ,@Q [g.d:Rc~8fz~J,10 f7u 30 iI k:#!q 1fV`=e<2AHQmK+fw?F nbeXoQ r* 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%. The increase was primarily due to increased operating leverage and lower delivery expenses from productivity initiatives, partially offset by increased investments in the commercial functions and technology. It consistently does not recognize my username. & DrelJ`$V"u Our Alight. - Enroll in important benefits. @\ bpm$?`20R?g 7 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. By providing your email address below, you are providing consent to Alight Solutions to send you the requested Investor Email Alert updates. 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. 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. As a result, we're an employer of choice. 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. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. L|b PuHBx;G|/s(,h9L,p-]Lr@0X3Lra4%>Z@VPa: 2023 Alight Solutions. endstream endobj startxref Alight is a good place to work. . A simple, seamless, integrated and connected employee experience. 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. it also doesn't always give you the ability to scroll down to see all your insurance info. Companies and people. 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 . 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.