Heres ourprivacy policy. Certified integrations with your HR platform allow for real-time calculations and an always-on payroll model that improves accuracy. Income tax benefit was $2 million for the three months ended June 30, 2021, as compared to $5 million in the prior year period. But are any helping you navigate, utilize and ultimately save on your investment? The increase in gross profit was primarily due to revenue growth as discussed above and lower expenses related to productivity initiatives, including the impact of lower restructuring and integration related costs, partially offset by increases in costs associated with growth of current and future revenues. Use this app to: - Find a doctor or urgent care clinic. Hosted Business Gross Profit and Adjusted EBITDA was immaterial for the three months ended June 30, 2021. 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 Copyright 2023 Apple Inc. All rights reserved. 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'll make sure you're connected to the right person. Supported by our global delivery capabilities, Alight Worklife is transforming the employee experience for people around the world. 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. The developer provided this information and may update it over time. it also doesn't always give you the ability to scroll down to see all your insurance info. View source version on businesswire.com: Require additional assistance with your personal 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. 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 Hosted Business revenues were $11 million for the three months ended June 30, 2021 as compared to $18 million for the prior year period. Targeted solutions for employees mind, body, wallet and life needs. Simply scan the QR code at the top of the page, or visit benefits.unburritable.net to learn all about these items and more, include Verizon and AT&T discounts, Alight Solutions Employee Benefits. Contact our support team. compensation and recognition programs, time off and flexibility, and learning and development programs. See our FAQs for answers to common questions. Ive seen the negative reviews. 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. E-Suite: Executive leadership publication, Sorry, no results were found for your search. Glassdoor is your resource for information about Alight Solutions benefits and perks. 0 Successful Business Combination, Balance Sheet Highlights and Other Subsequent Events. Leveraging innovative technology, flexible managed payroll services and expertise in 188 countries and 25 languages, we deliver a payroll experience that puts your people first. The high deductible plans are terrible. Insurance, Health & Wellness Financial & Retirement Family & Parenting Vacation & Time Off Perks & Discounts Professional Support Insurance, Health & Wellness Health Insurance 3.4 With processing taken care of and automation enabled, you can significantly reduce the amount of time spent on administering payroll. The revenue growth discussed above was offset by increases in costs associated with growth of current and future revenues. 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. All rights reserved. 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. 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. Reported anonymously by Alight Solutions employees. best in class, full-service solutions. mackenzie.lucas@alight.com, Alight Investor Relations Many people dont understand their health benefits, where to find care and how to handle the complexities of family, dependents and chronic conditions. Designed to help administer your health benefits, cut costs and unlock the wellbeing of your people. 3.1. @\ bpm$?`20R?g 7 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. absolute trash. They may be eligible to the following benefits once they are qualified: Health Insurance. Our Alight Worklife platform combines data and analytics with a simple, seamless user experience. We bring together people, process and technology all underpinned by the latest innovation to put your people and their financial wellbeing first. We are pleased to provide a comprehensive Total Rewards package of benefit options. Their employees may join in a wide selection of benefit programs as soon as they become eligible. The transaction is expected to be completed during the fourth quarter of 2021 and remains subject to regulatory approvals and other customary closing conditions. For over a decade, FlexJobs has tracked and analyzed remote job postings to help connect job seekers with remote career opportunities. Ease administrative burden and boost workforce wellbeing during enrollment and throughout the year. Their employees may join in a wide selection of benefit programs as soon as they become eligible. Cons. 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 Search below to find your company's HR website. Use this app to: - Find a doctor or urgent care clinic. If you experience any issues with this process, please contact us for further assistance. This means everything in the company needs to be optimized including its HR function. The decrease of $7 million was due to transitions from the Hosted Business to cloud-based services and the wind down of this segment. Which benefits does Alight Solutions provide? For over a decade, FlexJobs has tracked and analyzed remote job postings to help connect job seekers with remote career opportunities. 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. Our flexible working environment empowers our teams to find balance so that they can fully engage at the office and in life. Healthcare is very complex and frustrating. 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. Everything health on a single platform. 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. Our Alight Worklife platform combines data and analytics with a simple, seamless user experience. The Hosted Business provides on-premise management of hosted human capital management platforms, including Oracle. 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. The pay could be a little better especially for the work you have to perform. Webinars 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. 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. Conferences. 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. 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 107 0 obj <> endobj 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!?! Benefits information above is provided anonymously by current and former Alight Solutions employees, and may include a summary provided by the employer. - Enroll in important benefits. Alight Reports Second Quarter 2021 Results, https://www.businesswire.com/news/home/20210812005069/en/, Cost of services, exclusive of depreciation and amortization. Their employees may join in a wide selection of benefit programs as soon as they become eligible. Enter your company's name. So we're left in the dark until we can call State Farm retirement services the next day. Access your employer benefits health, retirement and payroll details anytime, anywhere. 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 . #FJTop100 #remotework #remotejobs #jobs #jobsearch. After submitting your request, you will receive an activation email to the requested email address. sure, it's nice to have all my insurance info in an app but the formatting is so AWFUL. 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. Once logged in, you can access your personal benefits information wherever and whenever needed. Robust solutions to help your people grab hold of their financial future. All rights reserved. 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. The respondents worked for mid-sized and large companies across multiple industries. 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. BPaaS products and services span across both the Employer Solutions and Professional Services segments of the business. 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. Engage employees with their health benefits in an impactful way. 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. Their employees may join in a wide selection of benefit programs as soon as they become eligible. We know SaaS platforms inside and out. Alight Solutions benefits and perks, including insurance benefits, retirement benefits, and vacation policy. Username. investor.relations@alight.com, Media: This compares to the Companys previous full-year 2021 revenue growth outlook of approximately 1%, or $2.76 billion. In addition to the compensation and recognition programs, time off and flexibility, and learning and development programs available to you through the EY Total Rewards program, Better You offers access to dozens of carefully curated resources. 2023 Medical insurance is abysmal. Putting the right benefits strategy in place for your employees can be a key differentiator for your business. Require additional assistance with your personal benefits? We know SaaS platforms inside and out. We understand the powerful human connections that create success for your organization. Quick Summary of Benefits: As of 2020, they have a record of 70,000 employees in their organization. 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. My State Farm Benefits Resource Center. The Wellbeing Marketplace enables employers to create a comprehensive benefits experience that meet the unique needs of employees and their families. Investors and analysts can participate on the conference call by dialing 1-877-407-0792 or 1-201-689-8263. These statements include, but are not limited to, statements related to the expectations regarding the performance of Alights business, financial results, liquidity and capital resources and other non-historical statements, including the statements in the Business Outlook section of this press release. Alight Digital Wallet gives your people the opportunity to get paid 365 days a year and is a low-cost way to enhance your employee benefits package. 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. 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. Giving your workforce greater control over their finances is crucial to attracting and retaining top talent. Ensure your people have funds to cover important life expenses, Realize immediate cost savings while minimizing compliance risks. hWko6+ac(i[%Be8n;fB )y=3RLj>0e35z,7%sWkhd/(Ib(LrG6 gy,pg$SQLy1$l Pay people accurately and on-time and stay compliant with Payroll solutions. Standardizing and harmonizing processes while also leveraging powerful technology helps to identify and correct costly payroll errors, minimizing payroll leakage. Cloud-based solutions that use analytics and AI to put your data to work. Please contact the employer to understand the benefits connected to a relevant job. Discover what it means to be a Better You at EY. Nothing is more important to us than our people. & DrelJ`$V"u Find Your HR Website | Alight Find Your HR Website Home Find Your HR Website Need help with your personal benefits? By logging on, you are agreeing to the Terms of Service, Privacy Statement, and Cookie Notice. LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- Reset password? Wondering how we use your information? We are proud to be shaping the future of work and life for organizations, people and their families. 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! 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). Learn how Alight unlocks growth for organizations of all sizes at alight.com. 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. Alight Solutions is committed to the health and wellbeing of all colleagues. I have tried to reinstall this several times, you cannot see the left side toolbar menu once you get into the reimbursement category. Alight Investor Relations Current and former employees report that Alight Solutions provides the following benefits. 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.