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Product News

Alight Elevates Employer-employee Benefits Experience With Second Release of Alight Worklife® for 2025

Alight has released the second major update of its Alight Worklife® platform for 2025, reinforcing its AI-powered capabilities across employee benefits administration. This release enhances five key areas: health, wealth, wellbeing, navigat

Jul 28, 2025
Company News

Alight Reports Q4 2024 Earnings: $680M Revenue with 9.8% BPaaS Growth

Alight, Inc. (NYSE: ALIT) reported its fourth quarter and full-year 2024 financial results, demonstrating resilience despite a slight revenue decline. Q4 revenue stood at $680 million, with Business Process as a Service (BPaaS) revenue grow

Feb 20, 2025
Product News

Alight to Enhance the Employee Experience with Launch of Alight Worklife® on Microsoft Teams

Alight , Inc., a leader in human capital and technology-enabled services, has partnered with Avanade to integrate its Alight Worklife® platform with Microsoft Teams. This collaboration aims to simplify benefits access and enhance employee w

Nov 18, 2024
Earnings

Alight Reports $555M Revenue and $75M Stock Repurchase in Q3 2024

Alight , Inc., a leader in cloud-based human capital technology, reported a revenue of $555 million for Q3 2024, marking a slight decrease from the previous year. Despite a net loss of $44 million, Alight's gross profit improved, reaching $

Nov 12, 2024
Company News

Alight Names Dave Guilmette as Chief Executive Officer

Alight , Inc. has announced the appointment of Dave Guilmette as Chief Executive Officer, effective immediately. Guilmette, who will retain his position as Vice Chair of the Board of Directors, succeeds Stephan Scholl. Scholl will transitio

Aug 26, 2024
Product News

Workday Announces Global Payroll Connect - One Solution to Manage All of an Organization's Payroll Needs

Workday has announced the launch of Global Payroll Connect, a comprehensive payroll solution designed to seamlessly integrate with payroll providers, streamlining the payroll experience for global organizations. This solution addresses a ke

Aug 20, 2024
Company News

Alight's $1.2 Billion Sale of Payroll and Professional Services Business to H.I.G. Capital: Introducing Strada

Alight , Inc. (NYSE: ALIT), a leading human capital technology and services provider, has completed the sale of its Professional Services and Payroll & HCM Outsourcing businesses to H.I.G. Capital for up to $1.2 billion. The newly independe

Jul 12, 2024
Company News

Announcing Our 2024 Workday Partner Innovation Award Winners

These awards honor select services and software partners for their commitment to our customers’ success, demonstrated by their innovative extensions of Workday solutions. Read on to learn this year’s winners. In this article we discuss: Wor

May 1, 2024
Company News

Alight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 Billion

Alight , Inc. announced the sale of its Payroll & Professional Services business to an affiliate of H.I.G. Capital for up to $1.2 billion, aiming to transform into a more focused employee wellbeing and benefits platform. This strategic move

Mar 20, 2024
Company News

Carl Eschenbach Takes the Helm as Workday CEO

Official Appointment Follows a Year of Strong Business Momentum, International Expansion, and Leadership Team Growth PLEASANTON, Calif. ,  Jan. 31, 2024    Workday  (NASDAQ: WDAY), a leader in enterprise cloud applications for  finance  and

Jan 31, 2024
Earnings

Workday Announces Fiscal 2024 First Quarter Financial Results

Fiscal First Quarter Total Revenues of $1.68 Billion, Up 17.4% Year Over Year Subscription Revenues of $1.53 Billion, Up 20.1% Year Over Year 24-Month Subscription Revenue Backlog of  $9.79  Billion, Up 22.9% Year Over Year Total Subscripti

May 25, 2023
Column

Josh Bersin:HR Technology 2023: What’s Hot? What’s Not?

The HR Tech market has been on fire for the last few years. More than $15 Billion of venture and PE money was invested and the number of startups is astounding. The average large company now has  more than 80 different employee-facing syste

Dec 26, 2022
Venture Capital

Alight Acquires Leading Absence Management Provider ReedGroup

Alight , a leading cloud-based human capital and technology services provider, announced it has acquired ReedGroup, an expert in leave management solutions from The Guardian Life Insurance Company of America. Alight’s platform strategy, und

Dec 9, 2022
Venture Capital

HR Employee Benefits Platform Fringe Raises $17M to Offer Customizable Perks

Fringe,  an HR tech startup enabling companies to offer customizable perks and benefits to employees, today announced that it raised $17 million in a funding round led by Origin Ventures and Felton Group. CEO Jordan Peace says that the proc

Nov 1, 2022
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