We are proud to be shaping the future of work and life for organizations, people and their families. Once logged in, you can access your personal benefits information wherever and whenever needed. 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. absolute trash. Glassdoor is your resource for information about Alight Solutions benefits and perks. Investors and analysts can participate on the conference call by dialing 1-877-407-0792 or 1-201-689-8263. In connection with the completion of our business combination transaction with FTAC on July 2, 2021, we undertook certain reorganization transactions so that substantially all of our assets and business are held by Alight Holdings, of which Alight, Inc. is the managing member. The high deductible plans are terrible. We understand the powerful human connections that create success for your organization. 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.. Find Your HR Website | Alight Find Your HR Website Home Find Your HR Website Need help with your personal benefits? Everything health on a single platform. 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. You'll learn about EY and Better You as if you were at an in-person event! 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. We'll make sure you're connected to the right person. If you experience any issues with this process, please contact us for further assistance. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Copyright 2023 Apple Inc. All rights reserved. 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. Vision Insurance. I don't understand how there's a high rating for this app. 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. For more information, please visit www.alight.com. Furthermore the app seems to be missing the required permissions to enable Apple Health tracking: when you link it will tell you that is linked but it is not as the app never invokes the Apple Health permissions screen to enable it to read my data so consequently it does not track steps automatically. All rights reserved. & DrelJ`$V"u These products capitalize on the Companys robust data combined with artificial intelligence (AI) and analytics to deliver greater employee engagement and employer outcomes. Conferences. CT Engage@Nissan Nissan LiveWell Benefits Center Nissan Employee Benefits Advocacy Services Support for questions about your benefit elections or accessing LiveWellAtNissan.com 1-833-4LIVEWELL it also doesn't always give you the ability to scroll down to see all your insurance info. Ive seen the negative reviews. But are any helping you navigate, utilize and ultimately save on your investment? Total revenue increased 3.9% to $672 million for the three months ended June 30, 2021 from $647 million for the prior year period. !\{F%eM$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-. See our FAQs for answers to common questions. Learn more about how we can help your business. Engage employees with their health benefits in an impactful way. As a result, and in conjunction with the business combination, the Company reduced its total debt by more than 40% to $2,351 million. Company should give better plans with reasonable premiums that would help mental well being. Current and former employees report that Alight Solutions provides the following benefits. 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. MacKenzie Lucas Continue to push apps out for well being. What kind of benefits do Aon employees get? They may be eligible to the following benefits once they are qualified: Health Insurance. This compares to the previous full-year 2021 adjusted EBITDA growth outlook of approximately 6%, or $600 million. E-Suite: Executive leadership publication, Sorry, no results were found for your search. 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. You can sign up for additional alert options at any time. Raising Full-Year Outlook . FlexJobs is excited to announce its 10th annual Top 100 Companies to Watch for Remote Jobs list! 1-866-599-4647 Mon. By providing your email address below, you are providing consent to Alight Solutions to send you the requested Investor Email Alert updates. 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. 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. Financial wellbeing is a rising topic of importance for employees. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. They may be eligible to the following benefits once they are qualified: Medical; Dental Vision Discover what it means to be a Better You at EY. Hosted Business revenues were $11 million for the three months ended June 30, 2021 as compared to $18 million for the prior year period. hb``d``( ,@Q [g.d:Rc~8fz~J,10 f7u 30 iI k:#!q 1fV`=e<2AHQmK+fw?F nbeXoQ r* 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 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. 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. Research by Alight analyses employee perceptions of workplace benefits offered by employers across Europe. Visit the booths in the Exhibit Hall, watch presentations in the Auditorium and find helpful information in the Resources Room. Available as part of our global payroll solution, it simplifies the process of paying your global workforce, while minimizing unexpected costs along the way. 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 transaction is expected to be completed during the fourth quarter of 2021 and remains subject to regulatory approvals and other customary closing conditions. 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. See our FAQs for answers to common questions. 2 HDHP plans w/crazy high OOP limits and 1 PPO option: $150+ deducted per check. It's simply blank. 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. %PDF-1.7 % mariana.fischbach@alight.com, Alight Investor Relations 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. Use this app to: - Find a doctor or urgent care clinic. On July 29, 2021, the Company entered into a definitive agreement to acquire the Aon Retiree Health Exchange business from Aon plc. 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 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. Weve created fully integrated and diverse health solutions designed for today and tomorrow. Alights payment and treasury service streamlines payroll processes, controls cost and reduces the burden of global bank transaction management. 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. 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. 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. By providing your email address below, you are providing consent to Alight Solutions to send you the requested Investor Email Alert updates. Use this app to: - Find a doctor or urgent care clinic. Contact our support team. The PTO is pretty good. As a result it needs to operate as efficiently as possible. Guide your people to the right care from the start, saving money and improving healthcare 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. Conferences. 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. these two issues make the app essentially useless.. thus, trash. Privacy Policy - Cookie Notice - Terms of Use - Cookie Notice - Terms of Use The benefits and time off are added bonuses. https://leplb0790.upoint.alight.com/base-portal-32-theme/css : 3.2 Theme. 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. Require additional assistance with your personal benefits? BPaaS products and services span across both the Employer Solutions and Professional Services segments of the business. Dental Insurance. Health insurance is either BCBSIL or Kaiser depending on where you are located. 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. 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. "Organisations need to take a proactive approach to workplace benefits to bridge the gap between employers and employees. We use analytics to predict, personalize, synthesize and simplify, so employees are empowered to use their health benefits. Decent pay, good benefits and they have great employee incentive programs. You must click the activation link in order to complete your subscription. 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. A comprehensive solution where data-driven analytics guide your people to make better healthcare decisions and curb overspending. Their employees may join in a wide selection of benefit programs as soon as they become eligible. Insurance, Health & Wellness Financial & Retirement Family & Parenting Vacation & Time Off Perks & Discounts Professional Support Insurance, Health & Wellness Health Insurance 3.4 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. Alight allows employees to enrich their health, wealth and work while enabling global organizations to achieve a high-performance culture. Benefits information above is provided anonymously by current and former Alight Solutions employees, and may include a summary provided by the employer. https://cache.alight.com/privacy/PrivStat.htm. Standardizing and harmonizing processes while also leveraging powerful technology helps to identify and correct costly payroll errors, minimizing payroll leakage. Alights Managed Payroll Services combines deep payroll expertise, decades of experience and innovative technology to deliver accurate and compliant payroll administration. Pros. You can also change your contact, bank account, and beneficiary information all in one place! So we're left in the dark until we can call State Farm retirement services the next day. In some cases, these forward-looking statements can be identified by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "projects," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Supported by our global delivery capabilities, Alight Worklife is transforming the employee experience for people around the world. 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. After submitting your request, you will receive an activation email to the requested email address. 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 . 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. 107 0 obj <> endobj Alight Reports Second Quarter 2021 Results, https://www.businesswire.com/news/home/20210812005069/en/, Cost of services, exclusive of depreciation and amortization. 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). When our people thrive, we thrive. We bring together people, process and technology all underpinned by the latest innovation to put your people and their financial wellbeing first. The developer, Alight Solutions, LLC, indicated that the apps privacy practices may include handling of data as described below. %%EOF Income tax benefit was $2 million for the three months ended June 30, 2021, as compared to $5 million in the prior year period. Alight is a good place to work. Leveraging proprietary AI and data analytics, Alight optimizes business process as a service (BPaaS) to deliver superior outcomes for employees and employers across a comprehensive portfolio of services. Ease administrative burden and boost workforce wellbeing during enrollment and throughout the year. 135 0 obj <>/Filter/FlateDecode/ID[<97DDE93CE029555897C7F77835CFF8CF>]/Index[107 57]/Info 106 0 R/Length 128/Prev 221031/Root 108 0 R/Size 164/Type/XRef/W[1 3 1]>>stream BENEFITS PORTAL - CULTIVATE ME Review your benefits all in one place Your employee portal is the centralized place to see all the most current benefit options available to you. Alight's new Workplace Benefits in a Changing World 2023 report surveyed 1,400 employees and 420 mid-sized to large employers across France, Germany, Italy, Netherlands, Spain and the United . On top of this, the banks were also unable to pay in certain currencies meaning employees were having to do their own currency conversions at their own expense. L|b PuHBx;G|/s(,h9L,p-]Lr@0X3Lra4%>Z@VPa: Access your employer benefits health, retirement and payroll details anytime, anywhere. Alight is a registered trademark Alight Solutions LLC. Reset password? @\ bpm$?`20R?g 7 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. 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. This is my companys new app to help centralize benefits and encourage wellness. Interest expense increased 15.1% to $61 million for the three months ended June 30, 2021 as compared to the prior year period. 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. Once logged in, you can access your personal benefits information wherever and whenever needed. 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. Enhance your cloud technology and communications with our strategic consultants. 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. Designed to help administer your health benefits, cut costs and unlock the wellbeing of your people. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. . We know SaaS platforms inside and out. Your response will be removed from the review this cannot be undone. Search below to find your company's HR website. At the very least you need to fix the internal toolbar. 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. However, far as I can tell the app is about the same speed as the web site and pretty much displays the same information. 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. Our Alight Worklife platform combines data and analytics with a simple, seamless user experience. Quick Summary of Benefits: As of 2017, they have a record of 50,000 employees in their organization. 3 plans , 2 High Deductible plan and 1 PPO - the harder you work the more you might get paid. For your people to better enroll and engage in their benefits,they need support. Learn how Alight unlocks growth for organizations of all sizes at alight.com. With Alight as your partner, you can count on flexible and scalable payroll solutions that modernize, harmonize and simplify your payroll operations. The revenue growth discussed above was offset by increases in costs associated with growth of current and future revenues. Innovation and understanding. Glassdoor is your resource for information about Alight Solutions benefits and perks. 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. The respondents worked for mid-sized and large companies across multiple industries. 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. 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. 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. https://www.businesswire.com/news/home/20210812005069/en/, Investors: Reconciliations of the historical non-GAAP financial measures used in this press release are included in the attached tables. Alights 15,000 dedicated colleagues serve more than 30 million employees and family members. best in class, full-service solutions. Proceeds from the business combination and the related PIPE transaction were used to repay certain existing borrowings of the Company. Certified integrations with your HR platform allow for real-time calculations and an always-on payroll model that improves accuracy. It's time to make your life easier. Weve simplified the payroll experience to ensure your people are paid efficiently, accurately and on time. mackenzie.lucas@alight.com, Alight Investor Relations To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. My State Farm Benefits Resource Center. The decrease of $7 million was due to transitions from the Hosted Business to cloud-based services and the wind down of this segment. Hosted Business Gross Profit and Adjusted EBITDA was immaterial for the three months ended June 30, 2021. 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. Please contact the employer to understand the benefits connected to a relevant job. Keep everything running smoothly once live to realize the value of your cloud. Every employee has unique needs, values and interests, and todays workplace is constantly changing. Expert help that assesses your technology and guides you in your cloud journey. We believe Adjusted EBITDA provides visibility to our underlying operating performance by excluding the impact of certain items, including interest expense, income taxes, depreciation of fixed assets, amortization of intangible assets, share-based compensation, expenses related to restructuring and integration plan, and other adjustments, because management does not believe these expenses are representative of our core earnings. Pay people accurately and on-time and stay compliant with Payroll solutions. For over a decade, FlexJobs has tracked and analyzed remote job postings to help connect job seekers with remote career opportunities. Please use our support tool to find your HR website and your company's service center contact information. Health benefits are one of the largest expenses to an organization, while also one of the most complicated. Eliminate the complexity of managing multi-country payroll by leveraging a unified payroll experience for your global workforce. 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. 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. 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. 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.