alight employee benefits

Conferences. Employer Solutions Adjusted EBITDA increased 8.7% to $138 million, or 24.3% of Employer Solutions revenue, for the three months ended June 30, 2021, as compared to $127 million, or 23.5% of Employer Solutions revenue, for the prior year period. 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. All rights reserved. This means everything in the company needs to be optimized including its HR function. You can sign up for additional alert options at any time. Alight is a good place to work. Income tax benefit was $2 million for the three months ended June 30, 2021, as compared to $5 million in the prior year period. these two issues make the app essentially useless.. thus, trash. My husband, who's the money brains in our marriage (I'm an artist, prize winning published author, love event planning, PR, communications, and publishing glossy magazines for the likes of Realtors Association for the greater Sarasota jurisdiction; same for a regional State Farm office in Maryland), is a retired board certified Financial Advisor practitioner of 25 years, with one of the oldest and largest true financial advisory firms in the USA.He's trying to help me complete the process to retire from State Farm. hWko6+ac(i[%Be8n;fB )y=3RLj>0e35z,7%sWkhd/(Ib(LrG6 gy,pg$SQLy1$l See how our strategic partnerships deliver To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. . The PTO is pretty good. 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. They may be eligible to the following benefits once they are qualified: Health Insurance; Dental Insurance Vision Program This guide provides highlights of Chipotle's employee benefit plans and programs for summary purposes. Overall Benefits and Compensations. In addition, the Companys updated full-year adjusted EBITDA outlook now. %PDF-1.7 % 470-638-7400 For more information, please visit www.alight.com. 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. Standardizing and harmonizing processes while also leveraging powerful technology helps to identify and correct costly payroll errors, minimizing payroll leakage. https://www.businesswire.com/news/home/20210812005069/en/, Investors: 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. 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. - Fri., 7a.m. 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. 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. 1-866-599-4647 Mon. hb``d``( ,@Q [g.d:Rc~8fz~J,10 f7u 30 iI k:#!q 1fV`=e<2AHQmK+fw?F nbeXoQ r* The landscape changes rapidly and theres no shortage of solutions outthere. We are proud to be shaping the future of work and life for organizations, people and their families. The Era of the Employee is here | Alight, Media Contact 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. 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. Company should give better plans with reasonable premiums that would help mental well being. it also doesn't always give you the ability to scroll down to see all your insurance info. . It's time to make your life easier. 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. Glassdoor is your resource for information about Alight Solutions benefits and perks. Decent pay, good benefits and they have great employee incentive programs. Learn more about how we can help your business. 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. A comprehensive solution where data-driven analytics guide your people to make better healthcare decisions and curb overspending. 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. Financial wellbeing is a rising topic of importance for employees. And of course Alight does NOT provide direct support services via phone. By logging on, you are agreeing to the Terms of Service, Privacy Statement, and Cookie Notice. best in class, full-service solutions. Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips. Quick Summary of Benefits: As of 2017, they have a record of 50,000 employees in their organization. Their employees may join in a wide selection of benefit programs as soon as they become eligible. 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). 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. E-Suite: Executive leadership publication, Sorry, no results were found for your search. Almost half (45%) of employees also believe that individual advice sessions based on personal needs is another method that could improve benefit communications. Nothing seems to work the way it's supposed to. After submitting your request, you will receive an activation email to the requested email address. Alight Solutions is proud to be named to the Top 100 Companies for Remote Jobs by @FlexJobs! Hosted Business Gross Profit and Adjusted EBITDA was immaterial for the three months ended June 30, 2021. However it will be costing my company a lot more time for me to manage such. Alight is a fast paced work, however, its great as an entry level or even for experienced individuals in these fields of customer service. Once logged in, you can access your personal benefits information wherever and whenever needed. 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. Privacy Policy - Cookie Notice - Terms of Use - Cookie Notice - Terms of Use - Enroll in important benefits. 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. 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 Benefits are way overpriced but there is a great variety of benefits and perks. 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. Professional Services Gross Profit of $26 million for the three months ended June 30, 2021 was flat with the prior year period. 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 Subject to terms, conditions and availability. investor.relations@alight.com, Media: 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%. 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 developer, Alight Solutions, LLC, indicated that the apps privacy practices may include handling of data as described below. 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. By providing your email address below, you are providing consent to Alight Solutions to send you the requested Investor Email Alert updates. to 6p.m. At the heart of it all is you a Better You. "Organisations need to take a proactive approach to workplace benefits to bridge the gap between employers and employees. 0 470-638-7400 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. 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. Our value-led approach powered by advanced health technology allows employees to make clearer choices, putting you at ease. Our Alight Worklife platform combines data and analytics with a simple, seamless user experience. 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. Alights 15,000 dedicated colleagues serve more than 30 million employees and family members. 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 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. Its a struggle to make smart health benefit decisions alone. Successful Business Combination, Balance Sheet Highlights and Other Subsequent Events. 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. best in class, full-service solutions. Hosted Business revenues were $11 million for the three months ended June 30, 2021 as compared to $18 million for the prior year period. The Company and Foley Trasimene Acquisition Corp. (FTAC), a publicly traded special purpose acquisition company, successfully completed their business combination on July 2, 2021. The Wellbeing Marketplace enables employers to create a comprehensive benefits experience that meet the unique needs of employees and their families. Find Your HR Website | Alight Find Your HR Website Home Find Your HR Website Need help with your personal benefits? The pay could be a little better especially for the work you have to perform. Alight Solutions is committed to the health and wellbeing of all colleagues. Use this app to: - Find a doctor or urgent care clinic. Weve created fully integrated and diverse health solutions designed for today and tomorrow. Current and former employees report that Alight Solutions provides the following benefits. Continue to push apps out for well being. 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. Interest expense increased 15.1% to $61 million for the three months ended June 30, 2021 as compared to the prior year period. Learn more about how we can help your business. 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. Raising Full-Year Outlook . Learn how Alight unlocks growth for organizations of all sizes at alight.com. Adjusted EBITDA growth to a range of 8%-10%, or $610 million to $620 million. Your response will be removed from the review this cannot be undone. Many people dont understand their health benefits, where to find care and how to handle the complexities of family, dependents and chronic conditions. At Alight Solutions, we promise to treat your data with respect and will not share your information with any third party. 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. Quick Summary of Benefits: As of 2020, they have a record of 70,000 employees in their organization. The decrease of $7 million was due to transitions from the Hosted Business to cloud-based services and the wind down of this segment. L|b PuHBx;G|/s(,h9L,p-]Lr@0X3Lra4%>Z@VPa: Alight is a registered trademark Alight Solutions LLC. Reconciliations of the historical non-GAAP financial measures used in this press release are included in the attached tables. Access this site to review pension, 401k, medical, life, & HRA benefits you may be eligible for as well as wellness programs like Quit for Life. Their employees may join in a wide selection of benefit programs as soon as they become eligible. Healthcare is very complex and frustrating. Available as part of our global payroll solution, it simplifies the process of paying your global workforce, while minimizing unexpected costs along the way. Employee Assistance Program (Live and Work Well), Group Personal Umbrella Liability Insurance. hbbd```b``d"^e" "yy^I50i 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. They may be eligible to the following benefits once they are qualified: Vision Health Dental Life Insurance Long Term Care Legal Insurance 401 (K) Retirement plan Some of their benefits may also include the following: Paid Holidays Maternity Leave All rights reserved. 2023 Alight Solutions. Alight Reports Second Quarter 2021 Results, https://www.businesswire.com/news/home/20210812005069/en/, Cost of services, exclusive of depreciation and amortization. With Alight as your partner, you can count on flexible and scalable payroll solutions that modernize, harmonize and simplify your payroll operations. Benefits information above is provided anonymously by current and former Alight Solutions employees, and may include a summary provided by the employer. Every employee has unique needs, values and interests, and todays workplace is constantly changing. 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 . When your benefits strategy delivers a positive experience to your people, thats when youll see a return. For the three months ended June 30, 2021, BPaaS revenue increased 19.0% to $94 million from the prior year period and represented 14.0% of total revenue. In addition, Alight also considers bookings, defined as total contract value for customer agreements executed in the period, to be a key indicator of future revenue growth and used as a metric of commercial activity by management and investors. Pros. I may end up using it for data information to be plugged into Quicken, well see.As far as Alight being the usual bunch of Wall Street money grubbers trying to manage or snarf your hard earned 401k money with non-public, non-reported, mutual funds with difficult to determine costs, got no argument with that. 401k match first 6%, which I felt was fair. !\{F%eM$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-. endstream endobj startxref 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 We bring together people, process and technology all underpinned by the latest innovation to put your people and their financial wellbeing first. 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. Once logged in, you can access your personal benefits information wherever and whenever needed. Ensure your people have funds to cover important life expenses, Realize immediate cost savings while minimizing compliance risks. Privacy Policy - Cookie Notice - Terms of Use - Cookie Notice - Terms of Use 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 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. At Alight Solutions, we promise to treat your data with respect and will not share your information with any third party. Visit the Better You Experience our virtual benefits fair to get familiar with the great programs and services available through Better You. Learn about Alight Solutions , including insurance benefits, retirement benefits, and vacation policy. Your response will be removed from the review this cannot be undone. Get assistance By Phone (TTY 711) You can speak with one of our Licensed Advisors (TTY 711) Webinars 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.. Realizing a fully optimized rate of return on their people and processes required end-to-end HR solutions and support. 2023 Medical insurance is abysmal. 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 simple, seamless, integrated and connected employee experience. Heres ourprivacy policy. 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. 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. The developer provided this information and may update it over time. 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

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