As of June 30, 2021, the Companys cash and cash equivalents balance was $460 million, total debt was $4,072 million and total debt net of cash and cash equivalents was $3,612 million. LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- Your response will be removed from the review this cannot be undone. Every employee has unique needs, values and interests, and todays workplace is constantly changing. We are proud to be shaping the future of work and life for organizations, people and their families. Conferences. As an employer, your top priority is to take care of employees, engaging them in their health and wellbeing, while saving on costs. 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. Username. Selling, general and administrative expenses decreased 6.3% to $105 million, or 15.6% of revenue, for the three months ended June 30, 2021 from $112 million, or 17.3% of revenue, in the prior year period. Wondering how we use your information? Learn how Alight helps organizations of all sizes, including over 70% of the Fortune 100. benefits, logging in to Engage@ Nissan or Workday, locating policies and payroll, or locating the correct contact. best in class, full-service solutions. 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. 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. 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. Cloud-based solutions that use analytics and AI to put your data to work. Giving your workforce greater control over their finances is crucial to attracting and retaining top talent. Pay people accurately and on-time and stay compliant with Payroll solutions. Successful Business Combination, Balance Sheet Highlights and Other Subsequent Events. Decent pay, good benefits and they have great employee incentive programs. 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!?! We'll make sure you're connected to the right person. The developer, Alight Solutions, LLC, indicated that the apps privacy practices may include handling of data as described below. Alights Managed Payroll Services combines deep payroll expertise, decades of experience and innovative technology to deliver accurate and compliant payroll administration. The decrease was primarily due to increased investments in the Companys commercial functions. 163 0 obj <>stream 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. 2 HDHP plans w/crazy high OOP limits and 1 PPO option: $150+ deducted per check. Professional Services Adjusted EBITDA decreased 22.2% to $7 million for the three months ended June 30, 2021, as compared to $9 million for the prior year period. 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. %%EOF I can't log in without the screen timing out. Targeted solutions for employees mind, body, wallet and life needs. 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. "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 . Engage employees with their health benefits in an impactful way. If you experience any issues with this process, please contact us for further assistance. I have tried to reinstall this several times, you cannot see the left side toolbar menu once you get into the reimbursement category. 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. Please use our support tool to find your HR website and your company's service center contact information. Dental Insurance. You can sign up for additional alert options at any time. These products capitalize on the Companys robust data combined with artificial intelligence (AI) and analytics to deliver greater employee engagement and employer outcomes. 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. endstream endobj startxref Their employees may join in a wide selection of benefit programs as soon as they become eligible. When I try and leave feedback it just leads me to a blank screen, you can't take screenshots to send in to prove that you paid for payments because it's been turned off by the administration. - Enroll in important benefits. these two issues make the app essentially useless.. thus, trash. Alight is a registered trademark Alight Solutions LLC. LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- Their employees may join in a wide selection of benefit programs as soon as they become eligible. please fix for Android users. 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. On . The international airline KLM operates in the fiercely competitive airline industry. 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. 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 For more information, see the developers privacy policy. Alight Solutions is committed to the health and wellbeing of all colleagues. L|b PuHBx;G|/s(,h9L,p-]Lr@0X3Lra4%>Z@VPa: mackenzie.lucas@alight.com, Alight Investor Relations Its a struggle to make smart health benefit decisions alone. FlexJobs is excited to announce its 10th annual Top 100 Companies to Watch for Remote Jobs list! You can also change your contact, bank account, and beneficiary information all in one place! At Alight Solutions, we promise to treat your data with respect and will not share your information with any third party. 470-638-7400 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. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. They may be eligible to the following benefits once they are qualified: Medical; Dental Vision Quick Summary of Benefits: As of 2019, they have a record of over 100,000 employees in their organization. At the very least you need to fix the internal toolbar. Which is why I removed the bulk of my 401k to a self-directed IRA back when my company made the shift; depends upon whether your company allows for that or not, I guess.But the app does what it says on the tin. And of course Alight does NOT provide direct support services via phone. Access this site to review pension, 401k, medical, life, & HRA benefits you may be eligible for as well as wellness programs like Quit for Life. 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 diverse workforce needs through a curated network of lifestyle benefits from a trusted source. Nothing seems to work the way it's supposed to. At the heart of it all is you a Better You. Almost half (45%) of employees also believe that individual advice sessions based on personal needs is another method that could improve benefit communications. Reported anonymously by Alight Solutions employees. Which benefits does Alight Solutions provide? Employer Solutions Revenue Increased 5.4% The curated experience provided through the Wellbeing Marketplace helps employees gain access to a broad range of wellbeing services and experiences that are relevant and meaningful to them based on interests and lifestyle needs.. Health insurance is either BCBSIL or Kaiser depending on where you are located. HDHP or PPO available.. Proceeds from the business combination and the related PIPE transaction were used to repay certain existing borrowings of the Company.

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