investor.relations@alight.com, Media: 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. Adjusted EBITDA growth to a range of 8%-10%, or $610 million to $620 million. @\ bpm$?`20R?g 7 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. Alights 15,000 dedicated colleagues serve more than 30 million employees and family members. We are pleased to provide a comprehensive Total Rewards package of benefit options. 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%. Their employees may join in a wide selection of benefit programs as soon as they become eligible. Reset password? Discover what it means to be a Better You at EY. https://leplb0790.upoint.alight.com/base-portal-32-theme/css : 3.2 Theme. 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. 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. 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. Whether youre managing payroll in a single country or multiple countries, you need a payroll experience that delivers process automation, real-time calculations and insights that drive outcomes. 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. And of course Alight does NOT provide direct support services via phone. 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. 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. Personalized assistance for your people throughout enrollment and beyond. 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. So we're left in the dark until we can call State Farm retirement services the next day. 771 reviews from Alight Solutions employees about Alight Solutions culture, salaries, benefits, work-life balance, management, job security, and more. 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 470-638-7400 Their employees may join in a wide selection of benefit programs as soon as they become eligible. And, with our Total Rewards, we are certified as a Great Place to Work. The questions in the surveys mirrored each other. Certified integrations with your HR platform allow for real-time calculations and an always-on payroll model that improves accuracy. 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. The replay of the conference call webcast and accompanying presentation materials will be available on the investor relations website for approximately 90 days. The pay could be a little better especially for the work you have to perform. A simple, seamless, integrated and connected employee experience. With Alight as your partner, you can count on flexible and scalable payroll solutions that modernize, harmonize and simplify your payroll operations. For more information, see the developers privacy policy. Standardizing and harmonizing processes while also leveraging powerful technology helps to identify and correct costly payroll errors, minimizing payroll leakage. As a result, we're an employer of choice. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Once logged in, you can access your personal benefits information wherever and whenever needed. For more information, please visit www.alight.com. The developer, Alight Solutions, LLC, indicated that the apps privacy practices may include handling of data as described below. What kind of benefits do Aon employees get? Alight Investor Relations 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. If you have any difficulty navigating or using this site, call theBetter You Benefits Center. The increase was primarily due to incremental interest associated with the additional unsecured and secured senior notes issued in the second half of 2020. 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. See our FAQs for answers to common questions. Pros. As a result it needs to operate as efficiently as possible. The developer provided this information and may update it over time. 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. to 6p.m. 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. & DrelJ`$V"u Mariana Fischbach As an employer, your top priority is to take care of employees, engaging them in their health and wellbeing, while saving on costs. 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. Nothing is more important to us than our people. Glassdoor is your resource for information about Alight Solutions benefits and perks. Reported anonymously by Alight Solutions employees. Our flexible working environment empowers our teams to find balance so that they can fully engage at the office and in life. Investor.relations@alight.com. 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. E-Suite: Executive leadership publication, Sorry, no results were found for your search. 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. 2023 Alight Solutions. Health benefits are one of the largest expenses to an organization, while also one of the most complicated. 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. "Organisations need to take a proactive approach to workplace benefits to bridge the gap between employers and employees. 2023 Medical insurance is abysmal. The Benefits Center is powered by Alight Solutions. All rights reserved. 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. Decent pay, good benefits and they have great employee incentive programs. Everything health on a single platform. Access your employer benefits health, retirement and payroll details anytime, anywhere. This compares to the previous full-year 2021 adjusted EBITDA growth outlook of approximately 6%, or $600 million. On . Conferences. BPaaS products and services span across both the Employer Solutions and Professional Services segments of the business. We'll make sure you're connected to the right person. Hosted Business Gross Profit and Adjusted EBITDA was immaterial for the three months ended June 30, 2021. Cons. Require additional assistance with your personal benefits? Alight Solutions is an Information technology and consulting company based in Lincolnshire, . 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. Copyright 2023 Apple Inc. All rights reserved. Username. Learn more about how we can help your business. Professional Services Gross Profit of $26 million for the three months ended June 30, 2021 was flat with the prior year period. L|b PuHBx;G|/s(,h9L,p-]Lr@0X3Lra4%>Z@VPa: Hosted Business revenues were $11 million for the three months ended June 30, 2021 as compared to $18 million for the prior year period. It consistently does not recognize my username. If you experience any issues with this process, please contact us for further assistance. By logging on, you are agreeing to the Terms of Service, Privacy Statement, and Cookie Notice. Cut through complexity and map out a clear deployment for your organization. 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. Continue to push apps out for well being. Your response will be removed from the review this cannot be undone. Glassdoor is your resource for information about Alight Solutions benefits and perks. please fix for Android users. "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 . LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- Health insurance is either BCBSIL or Kaiser depending on where you are located. 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. Alight Solutions Employee Benefits. LearnMore. 3 plans , 2 High Deductible plan and 1 PPO - the harder you work the more you might get paid. You can sign up for additional alert options at any time. - Enroll in important benefits. 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.