This press release includes certain historical consolidated financial and other data for Alight Holding Company, LLC (formerly known as Tempo Holding Company, LLC) (Alight Holdings) and its subsidiaries. At Alight Solutions, we promise to treat your data with respect and will not share your information with any third party. Pros. After submitting your request, you will receive an activation email to the requested email address. 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 bring together people, process and technology all underpinned by the latest innovation to put your people and their financial wellbeing first. 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. - Enroll in important benefits. Weve simplified the payroll experience to ensure your people are paid efficiently, accurately and on time. 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. Please use our support tool to find your HR website and your company's service center contact information. Employer Solutions revenues increased 5.4% to $569 million for the three months ended June 30, 2021 as compared to $540 million for the prior year period. Nothing is more important to us than our people. At the heart of it all is you a Better You. Require additional assistance with your personal benefits? We're ready to change that! It may not be complete. 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. The decrease of $7 million was due to transitions from the Hosted Business to cloud-based services and the wind down of this segment. hWko6+ac(i[%Be8n;fB )y=3RLj>0e35z,7%sWkhd/(Ib(LrG6 gy,pg$SQLy1$l You'll learn about EY and Better You as if you were at an in-person event! 163 0 obj <>stream Alight Worklife 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. This means everything in the company needs to be optimized including its HR function. Additionally, Adjusted EBITDA less Capital Expenditures is a non-GAAP measure that is used by management and our stakeholders to evaluate our core operating performance. 2023 Alight Solutions. 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. With Alight as your partner, you can count on flexible and scalable payroll solutions that modernize, harmonize and simplify your payroll operations. At Alight Solutions, we promise to treat your data with respect and will not share your information with any third party. 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. 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. 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. Search below to find your company's HR website. Alights 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 Kingdom to understand the differences between employers and employees priorities and needs regarding benefits. This compares to the Companys previous full-year 2021 revenue growth outlook of approximately 1%, or $2.76 billion. Our Alight Worklife platform combines data and analytics with a simple, seamless user experience. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. 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. Alight Investor Relations 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. Adjusted EBITDA growth to a range of 8%-10%, or $610 million to $620 million. At the very least you need to fix the internal toolbar. You can sign up for additional alert options at any time. All rights reserved. 1-866-599-4647 Mon. Ive seen the negative reviews. Webinars 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. endstream endobj startxref Find Your HR Website | Alight 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%. Its a struggle to make smart health benefit decisions alone. The Wellbeing Marketplace enables employers to create a comprehensive benefits experience that meet the unique needs of employees and their families. 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. Medicare Health Insurance Exchange | Alight Retiree Health Solutions For more information, see the developers privacy policy. Given our momentum coming out of the first half, and the expected acquisition of the Aon Retiree Health Exchange, we are raising our full-year 2021 outlook for both revenue and adjusted EBITDA., Second Quarter 2021 and Subsequent Highlights (all comparisons relative to second quarter 2020). 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. Professional Services Gross Profit of $26 million for the three months ended June 30, 2021 was flat with the prior year period. Leveraging proprietary AI and data analytics, Alight optimizes business process as a service (BPaaS) to deliver superior outcomes for employees and employers across a comprehensive portfolio of services. Alight Solutions: Alight Reveals Workplace Benefits Are Missing the Cons. They may be eligible to the following benefits once they are qualified: Medical; Dental Vision These products capitalize on the Companys robust data combined with artificial intelligence (AI) and analytics to deliver greater employee engagement and employer outcomes. By providing your email address below, you are providing consent to Alight Solutions to send you the requested Investor Email Alert updates. Insurance, Health & Wellness Financial & Retirement Family & Parenting Vacation & Time Off Perks & Discounts Professional Support Insurance, Health & Wellness Health Insurance 3.4 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 A comprehensive solution where data-driven analytics guide your people to make better healthcare decisions and curb overspending. Giving your workforce greater control over their finances is crucial to attracting and retaining top talent. Healthcare is very complex and frustrating. In addition, the Companys updated full-year adjusted EBITDA outlook now. Reset password? 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. Alight, Inc. - Alight Reports Second Quarter 2021 Results On August 1, 2019, Employee benefits platform Hodges-Mace was acquired by Alight Solutions. That's why we put the health and vitality of our people at the absolute center of everything we do through EY Better You a holistic approach to well-being. Eliminate the complexity of managing multi-country payroll by leveraging a unified payroll experience for your global workforce. 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. As a result, we're an employer of choice. Copyright 2023 Apple Inc. All rights reserved. Alight was formed in May 2017 after the acquisition of the benefits outsourcing department of Aon Hewitt by private equity funds affiliated with . On July 29, 2021, the Company entered into a definitive agreement to acquire the Aon Retiree Health Exchange business from Aon plc. 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. 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. 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 Investor.relations@alight.com. Note: EY Better You is administered on EY's behalf by Alight Solutions, and is subject to Alight's terms and conditions linked to at the bottom of this page. Retirees Information | State Farm 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. please fix for Android users. Use this app to: - Find a doctor or urgent care clinic. Supported by our global delivery capabilities, Alight Worklife is transforming the employee experience for people around the world. Log in to discover all the ways we can help you and your family. 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 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. See how our strategic partnerships deliver The increase was primarily due to incremental interest associated with the additional unsecured and secured senior notes issued in the second half of 2020. best in class, full-service solutions. 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). Alight announces launch of Wellbeing Marketplace, evolving the benefits it also doesn't always give you the ability to scroll down to see all your insurance info. Find Your HR Website | Alight Find Your HR Website Home Find Your HR Website Need help with your personal benefits? For more information, please visit www.alight.com. Wondering how we use your information? LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- Alight Solutions benefits | Indeed.com To learn more about the Workplace Benefits in a Changing World 2023 report, download the 2023 report here. Alight Total Health Benefits Administration Healthcare Navigation Reimbursement Accounts Alight Well Eligibility & Compliance Everything health on a single platform. Alight Solutions Reviews - Glassdoor The following data may be collected and linked to your identity: The following data may be collected but it is not linked to your identity: Privacy practices may vary, for example, based on the features you use or your age. 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. ROI guaranteed. UPoint - Alight | Aon Employee Benefits | Package | Handbook As a result, and in conjunction with the business combination, the Company reduced its total debt by more than 40% to $2,351 million. The Company and Foley Trasimene Acquisition Corp. (FTAC), a publicly traded special purpose acquisition company, successfully completed their business combination on July 2, 2021. We'll make sure you're connected to the right person. Your response will be removed from the review this cannot be undone. LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- The high deductible plans are terrible. 3 plans , 2 High Deductible plan and 1 PPO - the harder you work the more you might get paid. In addition, I signed up for a challenge to manual record each day if I have met that challenge: however it does not allow you to save any confirmation of completion. They may be eligible to the following benefits once they are qualified: Health Insurance. If you experience any issues with this process, please contact us for further assistance. The replay of the conference call webcast and accompanying presentation materials will be available on the investor relations website for approximately 90 days. Reconciliations of the historical non-GAAP financial measures used in this press release are included in the attached tables. Personalized assistance for your people throughout enrollment and beyond. If you have any difficulty navigating or using this site, call theBetter You Benefits Center. 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. We know SaaS platforms inside and out. Employee Assistance Program (Live and Work Well), Group Personal Umbrella Liability Insurance. 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. Available as part of our global payroll solution, it simplifies the process of paying your global workforce, while minimizing unexpected costs along the way. absolute trash. The result is an app that takes a lot of time to use and fails to track anything about your health - it also seems the $s my company is providing by tracking things in this app is a con and not achievable.