Alight Solutions reviews

Clients are leaving in droves. Not because of the management team that services the relationship, but due to poor management choices that put cost cutting ahead of quality. Things are getting better, but it appears to be too late. Alight colleagues are paid 20%+ less than their peers at other companies, across the board. Flexible work schedule and work life balance makes up for a lot of that pay gap, but the gap keeps growing as pay increases do not keep up with inflation.

Anemic revenue growth; Profit margins trailing historical average; Heavy debt, partially offset now by selling the Payroll business; Activist Investor (Starboard Value ) owns close to 8% of the company. Blackstone has mostly exited, but there is still another major owner who tends to sell holdings, from time to time. Board of Directors reshuffle (2024). CEO and CFO out (2024). The company is in cost-cutting mode- eliminating all office space (except for 2 tiny office locations); Decommissioning the data center (moving to the cloud) and setting up a significant amount of money aside for severance pay. A large group of colleagues retired in 2024; Positions were eliminated in 2024. No pay increases across the board for the 2023-2024 period. Most likely this 'transition' will continue well into 2025 per the transition plan. Do not mistake good corporate culture and job security go hand in hand. Salaries also appear lower, than those of Alight competitors.