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. As a result, and in conjunction with the business combination, the Company reduced its total debt by more than 40% to $2,351 million. 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. Contact our support team. The Wellbeing Marketplace is part of Alights comprehensive suite of wellbeing solutions designed to help employers create an ecosystem of holistic wellbeing for employees with key offerings such as: 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. These products capitalize on the Companys robust data combined with artificial intelligence (AI) and analytics to deliver greater employee engagement and employer outcomes. This is my companys new app to help centralize benefits and encourage wellness. Professional Services Adjusted EBITDA decreased 22.2% to $7 million for the three months ended June 30, 2021, as compared to $9 million for the prior year period. A simple, seamless, integrated and connected employee experience. hWko6+ac(i[%Be8n;fB )y=3RLj>0e35z,7%sWkhd/(Ib(LrG6
gy,pg$SQLy1$l It consistently does not recognize my username. Healthcare is very complex and frustrating. Ive seen the negative reviews. Cut through complexity and map out a clear deployment for your organization. FlexJobs is excited to announce its 10th annual Top 100 Companies to Watch for Remote Jobs list! We know SaaS platforms inside and out. The Wellbeing Marketplace enables employers to create a comprehensive benefits experience that meet the unique needs of employees and their families Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital and technology services provider today announced the launch of its Wellbeing Marketplace to help employers unlock flexibility and bring more choice in benefit offerings for their . hbbd```b``d"^e" "yy^I50i Alights Managed Payroll Services combines deep payroll expertise, decades of experience and innovative technology to deliver accurate and compliant payroll administration. Password. Enter your company's name. Continue to push apps out for well being. & DrelJ`$V"u 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. LearnMore. 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. As a result of the above factors, loss before income tax benefit was $6 million for the three months ended June 30, 2021 compared to $30 million for the three months ended June 30, 2020. I have tried to reinstall this several times, you cannot see the left side toolbar menu once you get into the reimbursement category. Supported by our global delivery capabilities, Alight Worklife is transforming the employee experience for people around the world. Designed to help administer your health benefits, cut costs and unlock the wellbeing of your people.
E-Suite: Executive leadership publication, Sorry, no results were found for your search, Creating a unified and standardized approach to payroll. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Certified integrations with your HR platform allow for real-time calculations and an always-on payroll model that improves accuracy. All rights reserved. The developer provided this information and may update it over time. 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. Note: EY Better You is administered on EY's behalf by Alight Solutions, and is subject to Alight's terms and conditions linked to at the bottom of this page. Alight Solutions is proud to be named to the Top 100 Companies for Remote Jobs by @FlexJobs! Available as part of our global payroll solution, it simplifies the process of paying your global workforce, while minimizing unexpected costs along the way. The developer, Alight Solutions, LLC, indicated that the apps privacy practices may include handling of data as described below. Nothing seems to work the way it's supposed to. Supported by our global delivery capabilities, Alight Worklife is transforming the employee experience for people around the world. Their employees may join in a wide selection of benefit programs as soon as they become eligible. After submitting your request, you will receive an activation email to the requested email address. 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. 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!?! 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. Cons. Please contact the employer to understand the benefits connected to a relevant job. 2023 Medical insurance is abysmal. 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 https://leplb0790.upoint.alight.com/base-portal-32-theme/css : 3.2 Theme. please fix for Android users. - Enroll in important benefits. If you experience any issues with this process, please contact us for further assistance. Reset password? Double-Digit Growth in Total Bookings and BPaaS Revenue
. The Company and Foley Trasimene Acquisition Corp. (FTAC), a publicly traded special purpose acquisition company, successfully completed their business combination on July 2, 2021. 163 0 obj
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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. Investor.relations@alight.com. See our FAQs for answers to common questions. mackenzie.lucas@alight.com, Alight Investor Relations
Health benefits are one of the largest expenses to an organization, while also one of the most complicated. Current and former employees report that Alight Solutions provides the following benefits. Subject to terms, conditions and availability. Ensure your people have funds to cover important life expenses, Realize immediate cost savings while minimizing compliance risks. endstream
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best in class, full-service solutions. Ease administrative burden and boost workforce wellbeing during enrollment and throughout the year. See our FAQs for answers to common questions. 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 Wellbeing Marketplace enables employers to create a comprehensive benefits experience that meet the unique needs of employees and their families. If you experience any issues with this process, please contact us for further assistance. 2023 Alight Solutions. 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. Their employees may join in a wide selection of benefit programs as soon as they become eligible. 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. 3.1. Giving your workforce greater control over their finances is crucial to attracting and retaining top talent. Our Alight Worklife platform combines data and analytics with a simple, seamless user experience. 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. We use analytics to predict, personalize, synthesize and simplify, so employees are empowered to use their health benefits. Alight Solutions is committed to the health and wellbeing of all colleagues. Engage employees with their health benefits in an impactful way. 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. to 6p.m. 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 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. 401k match first 6%, which I felt was fair. 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. As a result, we're an employer of choice. Current and former employees report that Alight Solutions provides the following benefits. Our flexible working environment empowers our teams to find balance so that they can fully engage at the office and in life. Pros. Proceeds from the business combination and the related PIPE transaction were used to repay certain existing borrowings of the Company. 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. 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. 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 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. We are proud to be shaping the future of work and life for organizations, people and their families. 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. Search below to find your company's HR website. 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. Get assistance By Phone (TTY 711) You can speak with one of our Licensed Advisors (TTY 711) This global commodity company was using local banks to manage payroll payments to their employees which were unreliable, expensive and operationally burdensome. They may be eligible to the following benefits once they are qualified: Health Insurance; Dental Insurance Vision Program For more information, see the developers privacy policy. 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. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Eliminate the complexity of managing multi-country payroll by leveraging a unified payroll experience for your global workforce.
mariana.fischbach@alight.com, Alight Investor Relations
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Everything health on a single platform. 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.
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