The Wellbeing Marketplace is part of Alights comprehensive suite of wellbeing solutions designed to help employers create an ecosystem of holistic wellbeing for employees with key offerings such as: 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. The high deductible plans are terrible. So hard to get ahead. 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. For your people to better enroll and engage in their benefits,they need support. Robust solutions to help your people grab hold of their financial future. 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. All rights reserved. Whether youre looking for us to augment your team or take ownership of your payroll operations, our flexible approach means we can adapt to your needs. Ease administrative burden and boost workforce wellbeing during enrollment and throughout the year. 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. Premiums are based off your pay range. hbbd```b``d"^e" "yy^I50i It consistently does not recognize my username. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The decrease of $7 million was due to transitions from the Hosted Business to cloud-based services and the wind down of this segment. 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. 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. 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. 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. best in class, full-service solutions. Reconciliations of the historical non-GAAP financial measures used in this press release are included in the attached tables. Health care is comparable to other companies. 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. I can't log in without the screen timing out. When your benefits strategy delivers a positive experience to your people, thats when youll see a return. They may be eligible to the following benefits once they are qualified: Health Insurance; Dental Insurance Vision Program Additionally, more than half (61%) of employers insist their benefits go beyond local requirements, while just over a third (34%) of employees believe their companies offer substantial benefits beyond those required by local legislation. 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. Require additional assistance with your personal benefits? 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. Alight is a good place to work. Learn about Alight Solutions , including insurance benefits, retirement benefits, and vacation policy. The increase was driven by a 5.4% increase in Employer Solutions revenue and a 3.4% increase in Professional Services revenue, partially offset by a 38.9% decline in Hosted Business revenue. Subject to terms, conditions and availability. 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. Total revenue increased 3.9% to $672 million for the three months ended June 30, 2021 from $647 million for the prior year period. Current and former employees report that Alight Solutions provides the following benefits. Learn how Alight unlocks growth for organizations of all sizes at alight.com. 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. 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. You'll learn about EY and Better You as if you were at an in-person event! Eliminate the complexity of managing multi-country payroll by leveraging a unified payroll experience for your global workforce. 470-638-7400 Contact our support team. 3.1. 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. 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. Please use our support tool to find your HR website and your company's service center contact information. We'll make sure you're connected to the right person. https://leplb0790.upoint.alight.com/base-portal-32-theme/css : 3.2 Theme. The decrease was primarily due to increased investments in the Companys commercial functions. This global commodity company was using local banks to manage payroll payments to their employees which were unreliable, expensive and operationally burdensome. In connection with the closing of the merger with FTAC, the Company repaid $1,786 million of debt, consisting of $556 million of term loan debt and $1,230 million of unsecured notes. On July 29, 2021, the Company entered into a definitive agreement to acquire the Aon Retiree Health Exchange business from Aon plc. I have tried to reinstall this several times, you cannot see the left side toolbar menu once you get into the reimbursement category. 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. They may be eligible to the following benefits once they are qualified: Medical; Dental Vision 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. Contact our support team. 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. 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. Mariana Fischbach Find Your HR Website | Alight Find Your HR Website Home Find Your HR Website Need help with your personal benefits? Expert help that assesses your technology and guides you in your cloud journey. This app may share these data types with third parties, I have never been so frustrated using an app. "Organisations need to take a proactive approach to workplace benefits to bridge the gap between employers and employees. The Wellbeing Marketplace enables employers to create a comprehensive benefits experience that meet the unique needs of employees and their families Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital and technology services provider today announced the launch of its Wellbeing Marketplace to help employers unlock flexibility and bring more choice in benefit offerings for their . You must click the activation link in order to complete your subscription. Search below to find your company's HR website. 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. 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 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. Please contact the employer to understand the benefits connected to a relevant job. For more information, see the developers privacy policy. Designed to help administer your health benefits, cut costs and unlock the wellbeing of your people. We are pleased to provide a comprehensive Total Rewards package of benefit options. After submitting your request, you will receive an activation email to the requested email address.
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