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. 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. We are proud to be shaping the future of work and life for organizations, people and their families. We know SaaS platforms inside and out. 470-638-7400 Investor.relations@alight.com. 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 . The questions in the surveys mirrored each other. The international airline KLM operates in the fiercely competitive airline industry. Learn how Alight unlocks growth for organizations of all sizes at alight.com. ABN AMRO Bank is the third-largest bank in the Netherlands. 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. Conferences. The developer provided this information and may update it over time. . 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. compensation and recognition programs, time off and flexibility, and learning and development programs. 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 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. Learn how Alight unlocks growth for organizations of all sizes at alight.com. If you have any difficulty navigating or using this site, call theBetter You Benefits Center. Weve created fully integrated and diverse health solutions designed for today and tomorrow. Our Alight. For over a decade, FlexJobs has tracked and analyzed remote job postings to help connect job seekers with remote career opportunities. This compares to the previous full-year 2021 adjusted EBITDA growth outlook of approximately 6%, or $600 million. Please use our support tool to find your HR website and your company's service center contact information. Dental Insurance. Our flexible working environment empowers our teams to find balance so that they can fully engage at the office and in life. Alight is a good place to work. Keep everything running smoothly once live to realize the value of your cloud. All the listed benefits are extracted from job descriptions, reviews, and Q&A posted on Indeed. At the heart of it all is you a Better You. 1-866-599-4647 Mon. 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. It's simply blank. Every employee has unique needs, values and interests, and todays workplace is constantly changing. 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. 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. As a result, and in conjunction with the business combination, the Company reduced its total debt by more than 40% to $2,351 million. Which benefits does Alight Solutions provide? Quick Summary of Benefits: As of 2017, they have a record of 50,000 employees in their organization. This means everything in the company needs to be optimized including its HR function. View source version on businesswire.com: 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. 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 $160 million, or 29.6% of Employer Solutions revenue, for the prior year period. Webinars Putting the right benefits strategy in place for your employees can be a key differentiator for your business. Reconciliations of the historical non-GAAP financial measures used in this press release are included in the attached tables. Enter your company's name. I tried the website with desktop browser because the app experience is so frustrating but it somehow can't find my employer on desktop but can in the app. L|b PuHBx;G|/s(,h9L,p-]Lr@0X3Lra4%>Z@VPa: Simply scan the QR code at the top of the page, or visit benefits.unburritable.net to learn all about these items and more, include Verizon and AT&T discounts, The high deductible plans are terrible. Their employees may join in a wide selection of benefit programs as soon as they become eligible. Access this site to review pension, 401k, medical, life, & HRA benefits you may be eligible for as well as wellness programs like Quit for Life. "Organisations need to take a proactive approach to workplace benefits to bridge the gap between employers and employees. We'll make sure you're connected to the right person. !\{F%eM$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-. We understand the powerful human connections that create success for your organization. This app may share these data types with third parties, I have never been so frustrated using an app. 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. Contact our support team. After submitting your request, you will receive an activation email to the requested email address. LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- 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. 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 . Once logged in, you can access your personal benefits information wherever and whenever needed. For more information, please visit www.alight.com. Discover what it means to be a Better You at EY. 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. Wondering how we use your information? 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. 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. Welcome to your online benefits portal. Great benefits, Good pay, time off, sick time, employee rewards. Hosted Business Gross Profit and Adjusted EBITDA was immaterial for the three months ended June 30, 2021. 3.1. 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. The Company and Foley Trasimene Acquisition Corp. (FTAC), a publicly traded special purpose acquisition company, successfully completed their business combination on July 2, 2021. Enhance your cloud technology and communications with our strategic consultants. 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. . 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. The respondents worked for mid-sized and large companies across multiple industries. 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. The Workplace Benefits in a Changing World 2023 report is based on two surveys conducted to capture the perceptions of employees and employers. 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. Please use our support tool to find your HR website and your company's service center contact information. Address modern workforce needs and create a high-performing culture. The Benefits Center is powered by Alight Solutions. Supported by our global delivery capabilities, Alight Worklife is transforming the employee experience for people around the world. Enter your company's name. So we're left in the dark until we can call State Farm retirement services the next day. Benefits information above is provided anonymously by current and former Alight Solutions employees, and may include a summary provided by the employer. mackenzie.lucas@alight.com, Alight Investor Relations A simple, seamless, integrated and connected employee experience. Alight is a registered trademark Alight Solutions LLC. Health benefits are one of the largest expenses to an organization, while also one of the most complicated. Financial wellbeing is a rising topic of importance for employees. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. 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 ROI guaranteed. At Alight Solutions, we promise to treat your data with respect and will not share your information with any third party. Health care is comparable to other companies. When your benefits strategy delivers a positive experience to your people, thats when youll see a return. 401k match first 6%, which I felt was fair. Innovation and understanding. 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. When our people thrive, we thrive. What kind of benefits do Aon employees get? Pros. 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. absolute trash. 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. For more information, see the developers privacy policy. 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. 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 Investor Relations Alight Solutions benefits and perks, including insurance benefits, retirement benefits, and vacation policy. You'll learn about EY and Better You as if you were at an in-person event! Hosted Business revenues were $11 million for the three months ended June 30, 2021 as compared to $18 million for the prior year period. Robust solutions to help your people grab hold of their financial future. 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. best in class, full-service solutions. You can sign up for additional alert options at any time. Realizing a fully optimized rate of return on their people and processes required end-to-end HR solutions and support. 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 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. 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. Use this app to: - Find a doctor or urgent care clinic. 107 0 obj <> endobj The developer, Alight Solutions, LLC, indicated that the apps privacy practices may include handling of data as described below. Investors and analysts can participate on the conference call by dialing 1-877-407-0792 or 1-201-689-8263. Visit the Better You Experience our virtual benefits fair to get familiar with the great programs and services available through Better You. Professional Services Adjusted EBITDA decreased 22.2% to $7 million for the three months ended June 30, 2021, as compared to $9 million for the prior year period. Your response will be removed from the review this cannot be undone. Username. Alight allows employees to enrich their health, wealth and work while enabling global organizations to achieve a high-performance culture. At the very least you need to fix the internal toolbar. The PTO is pretty good. Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips. All rights reserved. We'll make sure you're connected to the right person. Quick Summary of Benefits: As of 2020, they have a record of 70,000 employees in their organization. 2023 Alight Solutions. Certified integrations with your HR platform allow for real-time calculations and an always-on payroll model that improves accuracy. Learn about Alight Solutions , including insurance benefits, retirement benefits, and vacation policy. 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. Their employees may join in a wide selection of benefit programs as soon as they become eligible. Company should give better plans with reasonable premiums that would help mental well being. Please contact the employer to understand the benefits connected to a relevant job. Visit the booths in the Exhibit Hall, watch presentations in the Auditorium and find helpful information in the Resources Room. Total revenue increased 3.9% to $672 million for the three months ended June 30, 2021 from $647 million for the prior year period. Benefits information above is provided anonymously by current and former Alight Solutions employees, and may include a summary provided by the employer. See how our strategic partnerships deliver 2 HDHP plans w/crazy high OOP limits and 1 PPO option: $150+ deducted per check. And of course Alight does NOT provide direct support services via phone. Professional Services Gross Profit of $26 million for the three months ended June 30, 2021 was flat with the prior year period. Alight Total Health Benefits Administration Healthcare Navigation Reimbursement Accounts Alight Well Eligibility & Compliance Everything health on a single platform. to 6p.m. It's time to make your life easier. Engage employees with their health benefits in an impactful way. 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. 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. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Nothing is more important to us than our people. Webinars You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. endstream endobj startxref #FJTop100 #remotework #remotejobs #jobs #jobsearch. Employer Solutions Revenue Increased 5.4% 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. Companies and people. Premiums are based off your pay range. 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.