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. Decent pay, good benefits and they have great employee incentive programs. For over a decade, FlexJobs has tracked and analyzed remote job postings to help connect job seekers with remote career opportunities. Alight Reports Second Quarter 2021 Results, https://www.businesswire.com/news/home/20210812005069/en/, Cost of services, exclusive of depreciation and amortization. Available as part of our global payroll solution, it simplifies the process of paying your global workforce, while minimizing unexpected costs along the way. E-Suite: Executive leadership publication, Sorry, no results were found for your search. Research by Alight analyses employee perceptions of workplace benefits offered by employers across Europe. When our people thrive, we thrive. The transaction is expected to be completed during the fourth quarter of 2021 and remains subject to regulatory approvals and other customary closing conditions. %%EOF 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. ABOUT ALIGHT SOLUTIONS Work and life. Employee Assistance Program (Live and Work Well), Group Personal Umbrella Liability Insurance. Once logged in, you can access your personal benefits information wherever and whenever needed. 163 0 obj <>stream 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. But are any helping you navigate, utilize and ultimately save on your investment? Please use our support tool to find your HR website and your company's service center contact information. Our flexible working environment empowers our teams to find balance so that they can fully engage at the office and in life. View source version on businesswire.com: Lower healthcare costs with guaranteed ROI, Single destination for employees health benefit needs, Configured to match annual enrollment strategy, Analytics and tools to help your people make smart decisions across the care spectrum, Omni-channel to meet people where they are, Identify highly-rated, cost-effective providers, Help employees become better consumers of healthcare, In the moment benefit and clinical guidance, Drive sustainable improvement with challenges, journeys and incentives, Timely, customized communications to sustain engagement, Personalized guidance to help individuals meet their unique wellbeing goals, Prevent loss and uncover massive cost savings, Easy form processing on cloud-based platform. 470-638-7400 MacKenzie Lucas If you experience any issues with this process, please contact us for further assistance. Weve simplified the payroll experience to ensure your people are paid efficiently, accurately and on time. 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 mackenzie.lucas@alight.com, Alight Investor Relations 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%. They may be eligible to the following benefits once they are qualified: Medical; Dental Vision Alight Solutions is proud to be named to the Top 100 Companies for Remote Jobs by @FlexJobs! We know SaaS platforms inside and out. 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 . Access your employer benefits health, retirement and payroll details anytime, anywhere. The effective tax rate for the three months ended June 30, 2021 was approximately (34)% and was primarily driven by foreign and state income taxes in jurisdictions where the Company had operations that generated operating income or losses. You can sign up for additional alert options at any time. 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. See our FAQs for answers to common questions. Total revenue increased 3.9% to $672 million for the three months ended June 30, 2021 from $647 million for the prior year period. Learn more about how we can help your business. I have tried to reinstall this several times, you cannot see the left side toolbar menu once you get into the reimbursement category. My State Farm Benefits Resource Center. We work with you to put your benefits strategy to work, seven days of the week. Ease administrative burden and boost workforce wellbeing during enrollment and throughout the year. See how our strategic partnerships deliver Once logged in, you can access your personal benefits information wherever and whenever needed. Our Alight Worklife platform combines data and analytics with a simple, seamless user experience. 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. 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. 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. On . The Benefits Center is powered by Alight Solutions. Weve created fully integrated and diverse health solutions designed for today and tomorrow. Alight Solutions is an Information technology and consulting company based in Lincolnshire, . It may not be complete. Heres ourprivacy policy. The Hosted Business provides on-premise management of hosted human capital management platforms, including Oracle. We'll make sure you're connected to the right person. 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. 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. Working at Alight Feb 23, 2023 - CCR II in The Woodlands, TX Recommend CEO Approval Business Outlook Pros Lots of training, team support, 3 weeks of PTO plus wellness time off, benefits Cons Difficult to make bonus due to metric system, low pay Be the first to find this review helpful Helpful Share 4.0 Former Employee, more than 3 years Ive seen the negative reviews. At Alight Solutions, we promise to treat your data with respect and will not share your information with any third party. Benefits information above is provided anonymously by current and former Alight Solutions employees, and may include a summary provided by the employer. !\{F%eM$M{(&Z3#ss9;Xt!?tG=>tI+oL$FF]yydo>n{?{}kS|8Wkj?KX V6(GUb ?>lwK}*krExjQ5c)iv+XS#M_@2+]tc&r?i/g=P4YN&FwiiLa{Myqu4|2-. Quick Summary of Benefits: As of 2017, they have a record of 50,000 employees in their organization. Search below to find your company's HR website. With Alight as your partner, you can count on flexible and scalable payroll solutions that modernize, harmonize and simplify your payroll operations. A little over one year into our technology-led transformation, we could not be more excited about our unique opportunity to support what we call the decade of the employee. The international airline KLM operates in the fiercely competitive airline industry. After submitting your request, you will receive an activation email to the requested email address. It's simply blank. . it also doesn't always give you the ability to scroll down to see all your insurance info. By providing your email address below, you are providing consent to Alight Solutions to send you the requested Investor Email Alert updates. @\ bpm$?`20R?g 7 By providing your email address below, you are providing consent to Alight Solutions to send you the requested Investor Email Alert updates. Enter your company's name. The PTO is pretty good. 2 HDHP plans w/crazy high OOP limits and 1 PPO option: $150+ deducted per check. You'll learn about EY and Better You as if you were at an in-person event! The decrease was primarily due to increased investments in the Companys commercial functions. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. 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. This app may share these data types with third parties, I have never been so frustrated using an app. 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. Health care is comparable to other companies. Continue to push apps out for well being. On August 1, 2019, Employee benefits platform Hodges-Mace was acquired by Alight Solutions. A simple, seamless, integrated and connected employee experience. Reset password? Enter your company's name. 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. 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. best in class, full-service solutions. The high deductible plans are terrible. 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. Wondering how we use your information? 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. Our value-led approach powered by advanced health technology allows employees to make clearer choices, putting you at ease. Supported by our global delivery capabilities, Alight Worklife is transforming the employee experience for people around the world. Glassdoor is your resource for information about Alight Solutions benefits and perks. 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. Learn about Alight Solutions , including insurance benefits, retirement benefits, and vacation policy. 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. Alight is a fast paced work, however, its great as an entry level or even for experienced individuals in these fields of customer service. Many people dont understand their health benefits, where to find care and how to handle the complexities of family, dependents and chronic conditions. A gap in communications and understanding could be one factor influencing the disconnect between employers and employees. 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. 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. 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. 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. 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. Subject to terms, conditions and availability. Alight Solutions benefits and perks, including insurance benefits, retirement benefits, and vacation policy. HDHP or PPO available.. If you experience any issues with this process, please contact us for further assistance. Which benefits does Alight Solutions provide? This is my companys new app to help centralize benefits and encourage wellness. 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. "Organisations need to take a proactive approach to workplace benefits to bridge the gap between employers and employees. All rights reserved. When your benefits strategy delivers a positive experience to your people, thats when youll see a return. And, with our Total Rewards, we are certified as a Great Place to Work. Safety starts with understanding how developers collect and share your data. My husband, who's the money brains in our marriage (I'm an artist, prize winning published author, love event planning, PR, communications, and publishing glossy magazines for the likes of Realtors Association for the greater Sarasota jurisdiction; same for a regional State Farm office in Maryland), is a retired board certified Financial Advisor practitioner of 25 years, with one of the oldest and largest true financial advisory firms in the USA.He's trying to help me complete the process to retire from State Farm. LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- The decrease of $7 million was due to transitions from the Hosted Business to cloud-based services and the wind down of this segment. Wondering how we use your information? 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 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. Personalized assistance for your people throughout enrollment and beyond. Once logged in, you can access your personal benefits information wherever and whenever needed. All rights reserved. Healthcare is very complex and frustrating. 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. 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. Reported anonymously by Alight Solutions employees. Contact our support team. With processing taken care of and automation enabled, you can significantly reduce the amount of time spent on administering payroll. Benefits information above is provided anonymously by current and former Alight Solutions employees, and may include a summary provided by the employer. 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. 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!?! Alight is a good place to work. #FJTop100 #remotework #remotejobs #jobs #jobsearch. Privacy Policy - Cookie Notice - Terms of Use - Cookie Notice - Terms of Use Gross profit, inclusive of depreciation and amortization, increased 16.0% to $217 million, or 32.3% of revenue, for the three months ended June 30, 2021 from $187 million, or 28.9% of revenue, in the prior year period. 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. Dental Insurance. In addition, the Companys updated full-year adjusted EBITDA outlook now. Current and former employees report that Alight Solutions provides the following benefits. This guide provides highlights of Chipotle's employee benefit plans and programs for summary purposes. Log in to discover all the ways we can help you and your family. However, far as I can tell the app is about the same speed as the web site and pretty much displays the same information. Username. 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. 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. 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. 1-866-599-4647 Mon. 2023 Alight Solutions. Benefits are way overpriced but there is a great variety of benefits and perks. 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. investor.relations@alight.com, Media: Employer Solutions Revenue Increased 5.4% Overall Benefits and Compensations. You can also change your contact, bank account, and beneficiary information all in one place! Nothing seems to work the way it's supposed to. The pay could be a little better especially for the work you have to perform. To learn more about the Workplace Benefits in a Changing World 2023 report, download the 2023 report here. best in class, full-service 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. 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. Require additional assistance with your personal benefits? 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. The benefits and time off are added bonuses. 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. Designed to help administer your health benefits, cut costs and unlock the wellbeing of your people. to 6p.m. Webinars Alight Solutions is committed to the health and wellbeing of all colleagues. Conferences. Health benefits are one of the largest expenses to an organization, while also one of the most complicated. 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. Quick Summary of Benefits: As of 2019, they have a record of over 100,000 employees in their organization. - Enroll in important benefits. 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.
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