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. See our FAQs for answers to common questions. 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. 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. HDHP or PPO available.. Nothing seems to work the way it's supposed to. 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. We know SaaS platforms inside and out. By logging on, you are agreeing to the Terms of Service, Privacy Statement, and Cookie Notice. The increase was primarily due to increased operating leverage and lower delivery expenses from productivity initiatives, partially offset by increased investments in the commercial functions and technology. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Investor.relations@alight.com. 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. 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. 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. It consistently does not recognize my username. 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 To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. You must click the activation link in order to complete your subscription. Ensure your people have funds to cover important life expenses, Realize immediate cost savings while minimizing compliance risks. After submitting your request, you will receive an activation email to the requested email address. 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. Alight is a good place to work. 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. According to the findings, more than half (58%) of companies believe they understand what benefits their employees want, whereas only 37% of employees say their employers benefit offerings meet their needs. 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. For more information, see the developers privacy policy. The transaction is expected to be completed during the fourth quarter of 2021 and remains subject to regulatory approvals and other customary closing conditions. 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. We have the experience, technology and solutions to guarantee return onyourspend. Decent pay, good benefits and they have great employee incentive programs. LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- Alight allows employees to enrich their health, wealth and work while enabling global organizations to achieve a high-performance culture. 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. E-Suite: Executive leadership publication, Sorry, no results were found for your search, Creating a unified and standardized approach to payroll. With Alight as your partner, you can count on flexible and scalable payroll solutions that modernize, harmonize and simplify your payroll operations. 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. Overall Benefits and Compensations. FlexJobs is excited to announce its 10th annual Top 100 Companies to Watch for Remote Jobs list! Keep everything running smoothly once live to realize the value of your cloud. Engage employees with their health benefits in an impactful way. 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. Visit the booths in the Exhibit Hall, watch presentations in the Auditorium and find helpful information in the Resources Room. 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. This is my companys new app to help centralize benefits and encourage wellness. Employer Solutions Revenue Increased 5.4% 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 . 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). Adjusted EBITDA growth to a range of 8%-10%, or $610 million to $620 million. This global commodity company was using local banks to manage payroll payments to their employees which were unreliable, expensive and operationally burdensome. The international airline KLM operates in the fiercely competitive airline industry. Conferences. dX ?&0M3aRi`/_{gg`nMzlr!IzKDbfKm-+U:9:6>`!1Dx9pbcc1}8v4QIXDX NwO P`&R*&T"_sl]De"c!pw,uR}z.#b8:TYqzR7LMz~1=5y:auy: VO{m]1-:OOmdW;l6/o:8O_:=(lU7/wi yRA6)mO^V]KP9NAoN N_;gm5Qf5y7?azuah.saO>()]f[3}6'x]qQ]EW|~P4m5G(^l&t,Uk9_ o{K@=hg7z:$QJvT(^%F8=nAT|).4E pD|Qt2r7eb}Q{_xP;ZSmpW 8jA Z0q R1:yGXxM% }r)pe::+@-f Raising Full-Year Outlook . to 6p.m. And of course Alight does NOT provide direct support services via phone. 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 Webinars Eliminate the complexity of managing multi-country payroll by leveraging a unified payroll experience for your global workforce. This compares to the Companys previous full-year 2021 revenue growth outlook of approximately 1%, or $2.76 billion. 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. 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. Conferences. Our Alight Worklife platform combines data and analytics with a simple, seamless user experience. 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. Cloud-based solutions that use analytics and AI to put your data to work. Their employees may join in a wide selection of benefit programs as soon as they become eligible. Your response will be removed from the review this cannot be undone. The developer provided this information and may update it over time. 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. The respondents worked for mid-sized and large companies across multiple industries. On August 1, 2019, Employee benefits platform Hodges-Mace was acquired by Alight Solutions. The replay of the conference call webcast and accompanying presentation materials will be available on the investor relations website for approximately 90 days. Require additional assistance with your personal benefits? We are proud to be shaping the future of work and life for organizations, people and their families. 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. However, far as I can tell the app is about the same speed as the web site and pretty much displays the same information. This compares to the previous full-year 2021 adjusted EBITDA growth outlook of approximately 6%, or $600 million. The developer, Alight Solutions, LLC, indicated that the apps privacy practices may include handling of data as described below. Current and former employees report that Alight Solutions provides the following benefits. This guide provides highlights of Chipotle's employee benefit plans and programs for summary purposes. these two issues make the app essentially useless.. thus, trash. Learn how Alight helps organizations of all sizes, including over 70% of the Fortune 100. I tried the website with desktop browser because the app experience is so frustrating but it somehow can't find my employer on desktop but can in the app. Cut through complexity and map out a clear deployment for your organization. @\ bpm$?`20R?g 7 Learn how Alight unlocks growth for organizations of all sizes at alight.com. %PDF-1.7 % 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. 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. 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. hbbd```b``d"^e" "yy^I50i Benefits information above is provided anonymously by current and former Alight Solutions employees, and may include a summary provided by the employer. Ease administrative burden and boost workforce wellbeing during enrollment and throughout the year. 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 $1,230 million of unsecured notes. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Available as part of our global payroll solution, it simplifies the process of paying your global workforce, while minimizing unexpected costs along the way. We use analytics to predict, personalize, synthesize and simplify, so employees are empowered to use their health benefits. Address modern workforce needs and create a high-performing culture. !\{F%eM$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-.