Alight Solutions: Employee Benefits and Perks | Glassdoor 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. On . 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. Use this app to: - Find a doctor or urgent care clinic. 107 0 obj <> endobj Alight Investor Relations Reported anonymously by Alight Solutions employees. 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. We use analytics to predict, personalize, synthesize and simplify, so employees are empowered to use their health benefits. As an employer, your top priority is to take care of employees, engaging them in their health and wellbeing, while saving on costs. What kind of benefits do Aon employees get? Their employees may join in a wide selection of benefit programs as soon as they become eligible. 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. View source version on businesswire.com: Alight Solutions Pay & Benefits reviews - indeed.com Professional Services Gross Profit of $26 million for the three months ended June 30, 2021 was flat with the prior year period. - Enroll in important benefits. If you experience any issues with this process, please contact us for further assistance. Alight is a good place to work. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Copyright 2023 Apple Inc. All rights reserved. Find Your HR Website | Alight The decrease of $7 million was due to transitions from the Hosted Business to cloud-based services and the wind down of this segment. Available as part of our global payroll solution, it simplifies the process of paying your global workforce, while minimizing unexpected costs along the way. It consistently does not recognize my username. LearnMore. 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 We'll make sure you're connected to the right person. 771 reviews from Alight Solutions employees about Alight Solutions culture, salaries, benefits, work-life balance, management, job security, and more. Webinars LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- Health benefits are one of the largest expenses to an organization, while also one of the most complicated. Standardizing and harmonizing processes while also leveraging powerful technology helps to identify and correct costly payroll errors, minimizing payroll leakage. I can't log in without the screen timing out. With Alights Wellbeing Marketplace, employers can now provide their employees with access to 150+ services and experiences in over 50 countries that are aligned to employees unique life stages and personal needs, including services supporting: Our data shows1 that most employees would believe their employer was offering benefits in their best interest if they were to provide customized benefits with greater choice, said Alison Borland, executive vice president, wealth and wellbeing solutions at Alight. E-Suite: Executive leadership publication, Sorry, no results were found for your search. Supported by our global delivery capabilities, Alight Worklife is transforming the employee experience for people around the world. However, far as I can tell the app is about the same speed as the web site and pretty much displays the same information. UPoint - Alight | Aon Employee Benefits | Package | Handbook 470-638-7400 Investor.relations@alight.com. "Organisations need to take a proactive approach to workplace benefits to bridge the gap between employers and employees. 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 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. It may not be complete. Giving your workforce greater control over their finances is crucial to attracting and retaining top talent. 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. #FJTop100 #remotework #remotejobs #jobs #jobsearch. 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 is proud to be named to the Top 100 Companies for Remote Jobs by @FlexJobs! Great benefits, Good pay, time off, sick time, employee rewards. Find Your HR Website | Alight Find Your HR Website Home Find Your HR Website Need help with your personal benefits? Hosted Business Gross Profit and Adjusted EBITDA was immaterial for the three months ended June 30, 2021. Reconciliations of the historical non-GAAP financial measures used in this press release are included in the attached tables. %%EOF Healthcare is very complex and frustrating. 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%. 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. Cut through complexity and map out a clear deployment for your organization. The landscape changes rapidly and theres no shortage of solutions outthere. The developer provided this information and may update it over time. 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!?! 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 Learn how Alight unlocks growth for organizations of all sizes at alight.com. 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. Proceeds from the business combination and the related PIPE transaction were used to repay certain existing borrowings of the Company. Current and former employees report that Alight Solutions provides the following benefits. & DrelJ`$V"u 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. 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. Total revenue increased 3.9% to $672 million for the three months ended June 30, 2021 from $647 million for the prior year period. We believe Adjusted EBITDA provides visibility to our underlying operating performance by excluding the impact of certain items, including interest expense, income taxes, depreciation of fixed assets, amortization of intangible assets, share-based compensation, expenses related to restructuring and integration plan, and other adjustments, because management does not believe these expenses are representative of our core earnings. We have the experience, technology and solutions to guarantee return onyourspend. @\ bpm$?`20R?g 7 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. Their employees may join in a wide selection of benefit programs as soon as they become eligible. Nothing is more important to us than our people. Alight is a registered trademark Alight Solutions LLC. Abbott Laboratories Employee Benefits | Retirement | Alight 0 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. To learn more about the Workplace Benefits in a Changing World 2023 report, download the 2023 report here. 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. Benefits information above is provided anonymously by current and former Alight Solutions employees, and may include a summary provided by the employer. Our Alight. Alight is a fast paced work, however, its great as an entry level or even for experienced individuals in these fields of customer service. absolute trash. Conferences. Please use our support tool to find your HR website and your company's service center contact information. 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. 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 One surveyed 1,400 employees and the second surveyed 420 employers, and both were conducted across 6 countries the U.K., France, Spain, Italy, Germany, and the Netherlands between June and September 2022. We're ready to change that! This guide provides highlights of Chipotle's employee benefit plans and programs for summary purposes. All rights reserved. %PDF-1.7 % Access your employer benefits health, retirement and payroll details anytime, anywhere. Alight and Fringe are focused on providing an innovative benefits experience for todays workforce, said Isaiah Goodall, co-founder and head of channel partnerships at Fringe. 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.