Interest expense increased 15.1% to $61 million for the three months ended June 30, 2021 as compared to the prior year period. It's time to make your life easier. 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!?! You can also change your contact, bank account, and beneficiary information all in one place! On . Every employee has unique needs, values and interests, and todays workplace is constantly changing. 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. Health insurance is either BCBSIL or Kaiser depending on where you are located. The Benefits Center is powered by Alight Solutions. Visit the booths in the Exhibit Hall, watch presentations in the Auditorium and find helpful information in the Resources Room. 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. Learn about Alight Solutions , including insurance benefits, retirement benefits, and vacation policy. 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. 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. Their employees may join in a wide selection of benefit programs as soon as they become eligible. Find Your HR Website | Alight Find Your HR Website Home Find Your HR Website Need help with your personal benefits? 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. Financial wellbeing is a rising topic of importance for employees. Decent pay, good benefits and they have great employee incentive programs. 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. All rights reserved. Additionally, more than half (61%) of employers insist their benefits go beyond local requirements, while just over a third (34%) of employees believe their companies offer substantial benefits beyond those required by local legislation. Supported by our global delivery capabilities, Alight Worklife is transforming the employee experience for people around the world. We are proud to be shaping the future of work and life for organizations, people and their families. Professional Services Gross Profit of $26 million for the three months ended June 30, 2021 was flat with the prior year period. Use this app to: - Find a doctor or urgent care clinic. Overall Benefits and Compensations. Reset password? 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. 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 . Robust solutions to help your people grab hold of their financial future. But are any helping you navigate, utilize and ultimately save on your investment? Our Alight. Adjusted EBITDA growth to a range of 8%-10%, or $610 million to $620 million. When your benefits strategy delivers a positive experience to your people, thats when youll see a return. 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. 163 0 obj <>stream Insurance, Health & Wellness Financial & Retirement Family & Parenting Vacation & Time Off Perks & Discounts Professional Support Insurance, Health & Wellness Health Insurance 3.4 At Alight Solutions, we promise to treat your data with respect and will not share your information with any third party. Realizing a fully optimized rate of return on their people and processes required end-to-end HR solutions and support. Health benefits are one of the largest expenses to an organization, while also one of the most complicated. Nothing seems to work the way it's supposed to. Guide your people to the right care from the start, saving money and improving healthcare outcomes. View source version on businesswire.com: Giving your workforce greater control over their finances is crucial to attracting and retaining top talent. However it will be costing my company a lot more time for me to manage such. 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. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Designed to help administer your health benefits, cut costs and unlock the wellbeing of your people. 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. Investor.relations@alight.com. It may not be complete. Our Alight Worklife platform combines data and analytics with a simple, seamless user experience. At the heart of it all is you a Better You. #FJTop100 #remotework #remotejobs #jobs #jobsearch. 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. 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. 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 due to increased investments in the Companys commercial functions. 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. 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). We're ready to change that! best in class, full-service 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. E-Suite: Executive leadership publication, Sorry, no results were found for your search. This guide provides highlights of Chipotle's employee benefit plans and programs for summary purposes. Our flexible working environment empowers our teams to find balance so that they can fully engage at the office and in life. 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. Their employees may join in a wide selection of benefit programs as soon as they become eligible. 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. 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 only thing you see is a notification bubble. 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. Use this app to: - Find a doctor or urgent care clinic. Search below to find your company's HR website. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. 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%. A gap in communications and understanding could be one factor influencing the disconnect between employers and employees. Once logged in, you can access your personal benefits information wherever and whenever needed. I can't log in without the screen timing out. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in Alights filings with the SEC. Employer Solutions are driven by Alights digital, software and AI-led capabilities and spans total employee wellbeing and engagement, including integrated benefits administration, healthcare navigation, financial health, employee wellness and payroll. Research by Alight analyses employee perceptions of workplace benefits offered by employers across Europe. The decrease of $7 million was due to transitions from the Hosted Business to cloud-based services and the wind down of this segment. Your response will be removed from the review this cannot be undone. 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 . https://leplb0790.upoint.alight.com/base-portal-32-theme/css : 3.2 Theme. If you experience any issues with this process, please contact us for further assistance. Alight (NYSE: ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today reported results for the second quarter ended June 30, 2021. Enhance your cloud technology and communications with our strategic consultants. 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. please fix for Android users. The developer provided this information and may update it over time. - Enroll in important benefits. The Hosted Business provides on-premise management of hosted human capital management platforms, including Oracle. compensation and recognition programs, time off and flexibility, and learning and development programs. Alight is a good place to work. Hosted Business revenues were $11 million for the three months ended June 30, 2021 as compared to $18 million for the prior year period. Vision Insurance. 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 $53 million from the prior year period. Contact our support team. Such forward-looking statements are subject to various risks and uncertainties including, among others, risks related to the level of business activity of our clients, risks related to the impact of the COVID-19 pandemic, including as a result of new strains or variants of the virus, competition in our industry, the performance of our information technology systems and networks, our ability to maintain the security and privacy of confidential and proprietary information and changes in regulation. This global commodity company was using local banks to manage payroll payments to their employees which were unreliable, expensive and operationally burdensome. Alights payment and treasury service streamlines payroll processes, controls cost and reduces the burden of global bank transaction management. The developer, Alight Solutions, LLC, indicated that the apps privacy practices may include handling of data as described below. hWko6+ac(i[%Be8n;fB )y=3RLj>0e35z,7%sWkhd/(Ib(LrG6 gy,pg$SQLy1$l You must click the activation link in order to complete your subscription. 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. Contact our support team. For over a decade, FlexJobs has tracked and analyzed remote job postings to help connect job seekers with remote career opportunities. "Organisations need to take a proactive approach to workplace benefits to bridge the gap between employers and 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. 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. Learn more about how we can help your business. 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. If you have any difficulty navigating or using this site, call theBetter You Benefits Center. 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. 401k match first 6%, which I felt was fair. 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. Which benefits does Alight Solutions provide? This compares to the previous full-year 2021 adjusted EBITDA growth outlook of approximately 6%, or $600 million. it also doesn't always give you the ability to scroll down to see all your insurance info. 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. 1 3.1. 1-866-599-4647 Mon. Conferences. As a result it needs to operate as efficiently as possible. 470-638-7400 Cons. And of course Alight does NOT provide direct support services via phone. By providing your email address below, you are providing consent to Alight Solutions to send you the requested Investor Email Alert updates. 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. Employer Solutions Revenue Increased 5.4% Alight Total Health Benefits Administration Healthcare Navigation Reimbursement Accounts Alight Well Eligibility & Compliance Everything health on a single platform. 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. 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'll make sure you're connected to the right person. The Era of the Employee is here | Alight, Media Contact 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, Emotional support and daily life resources to help you manage your personal life and build resiliency, Financial support to help you plan for the future, Social impact programs to help you connect to communities and each other. Discover what it means to be a Better You at EY. See our FAQs for answers to common questions. It may not be complete. Access your employer benefits health, retirement and payroll details anytime, anywhere. LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- 107 0 obj <> endobj A comprehensive solution where data-driven analytics guide your people to make better healthcare decisions and curb overspending. Copyright 2023 Apple Inc. All rights reserved. Heres ourprivacy policy. . Selling, general and administrative expenses decreased 6.3% to $105 million, or 15.6% of revenue, for the three months ended June 30, 2021 from $112 million, or 17.3% of revenue, in the prior year period. 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. hbbd```b``d"^e" "yy^I50i I have tried to reinstall this several times, you cannot see the left side toolbar menu once you get into the reimbursement category. Please contact the employer to understand the benefits connected to a relevant job. The Workplace Benefits in a Changing World 2023 report is based on two surveys conducted to capture the perceptions of employees and employers. 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. Investors and analysts can participate on the conference call by dialing 1-877-407-0792 or 1-201-689-8263. Innovation and understanding. 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. 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. We are delighted to power Alights Wellbeing Marketplace with benefits that support the whole person.. Personalized assistance for your people throughout enrollment and beyond. It's simply blank. mariana.fischbach@alight.com, Alight Investor Relations Glassdoor is your resource for information about Alight Solutions benefits and perks. - Enroll in important benefits. Company should give better plans with reasonable premiums that would help mental well being. FlexJobs is excited to announce its 10th annual Top 100 Companies to Watch for Remote Jobs list! The transaction is expected to be completed during the fourth quarter of 2021 and remains subject to regulatory approvals and other customary closing conditions. 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. The revenue growth discussed above was offset by increases in costs associated with growth of current and future revenues. Mariana Fischbach Heres ourprivacy policy. Search below to find your company's HR website. 0 Standardizing and harmonizing processes while also leveraging powerful technology helps to identify and correct costly payroll errors, minimizing payroll leakage. 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. Dental Insurance. You must click the activation link in order to complete your subscription. BPaaS products and services span across both the Employer Solutions and Professional Services segments of the business. Proceeds from the business combination and the related PIPE transaction were used to repay certain existing borrowings of the Company. Learn more about how we can help your business. 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. 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 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. dX ?&0M3aRi`/_{gg`nMzlr!IzKDbfKm-+U:9:6>`!1Dx9pbcc1}8v4QIXDX NwO P`&R*&T"_sl]De"c!pw,uR}z.#b8:TYqzR7LMz~1=5y:auy: VO{m]1-:OOmdW;l6/o:8O_:=(lU7/wi yRA6)mO^V]KP9NAoN N_;gm5Qf5y7?azuah.saO>()]f[3}6'x]qQ]EW|~P4m5G(^l&t,Uk9_ o{K@=hg7z:$QJvT(^%F8=nAT|).4E pD|Qt2r7eb}Q{_xP;ZSmpW 8jA Z0q R1:yGXxM% }r)pe::+@-f these two issues make the app essentially useless.. thus, trash. This app may share these data types with third parties, I have never been so frustrated using an app. 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. 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. 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 . A simple, seamless, integrated and connected employee experience. The pay could be a little better especially for the work you have to perform. - Fri., 7a.m. 3 plans , 2 High Deductible plan and 1 PPO - the harder you work the more you might get paid. This compares to the Companys previous full-year 2021 revenue growth outlook of approximately 1%, or $2.76 billion. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- Healthcare is very complex and frustrating. This is my companys new app to help centralize benefits and encourage wellness. The high deductible plans are terrible. Successful Business Combination, Balance Sheet Highlights and Other Subsequent Events. Health care is comparable to other companies. "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 . Almost half (45%) of employees also believe that individual advice sessions based on personal needs is another method that could improve benefit communications. Wondering how we use your information? It consistently does not recognize my username. 2023 Alight Solutions. So we're left in the dark until we can call State Farm retirement services the next day. Please use our support tool to find your HR website and your company's service center contact information. Our Alight Worklife platform combines data and analytics with a simple, seamless user experience. 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 Quick Summary of Benefits: As of 2020, they have a record of 70,000 employees in their organization. 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. 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. Alight Reports Second Quarter 2021 Results, https://www.businesswire.com/news/home/20210812005069/en/, Cost of services, exclusive of depreciation and amortization. What kind of benefits do Aon employees get? Once logged in, you can access your personal benefits information wherever and whenever needed. ABOUT ALIGHT SOLUTIONS Work and life. 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. Other comprehensive income (loss), net of tax: Total other comprehensive income (loss), net of tax: Members' equity (123,700 and 123,700 A units, 1,817 and 1,800 A-1 units and 2,088 and 1,736 B units issued and outstanding, in each case, as of June 30, 2021 and December 31, 2020, respectively). Require additional assistance with your personal benefits? A simple, seamless, integrated and connected employee experience. 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 Benefits are way overpriced but there is a great variety of benefits and perks. By logging on, you are agreeing to the Terms of Service, Privacy Statement, and Cookie Notice. 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!