Company Description
Alight, Inc. (NYSE: ALIT) is described as a cloud-based human capital technology and services provider that works with many of the world’s largest organizations and tens of millions of people and dependents. The company is classified in the "All Other Business Support Services" industry within the Administrative and Support and Waste Management and Remediation Services sector and its Class A common stock trades on the New York Stock Exchange under the symbol ALIT.
According to company disclosures and press releases, Alight focuses on the administration of employee benefits and related human capital management services. Through this work, it aims to help employer clients gain what it calls a benefits advantage by unifying the benefits ecosystem across health, wealth, wellbeing, absence management and navigation. The company states that its services are intended to support a healthy and financially secure workforce for client organizations.
Alight describes itself as a technology-enabled services company. It reports that it delivers human capital management solutions and employee benefits implementation and administration to complex organizations. In prior disclosures, Alight noted that it operated under a reportable segment called Employer Solutions and that it completed the divestiture of its Professional Services segment and its Payroll & HCM Outsourcing business within Employer Solutions. The company indicates that it serves clients in U.S. states and international markets.
Human capital technology and Alight Worklife®
A central element of Alight’s offering, based on its public statements, is the Alight Worklife® platform. Alight describes Alight Worklife as a platform that helps employers gain a deeper understanding of their workforce and engage people throughout important life moments. The company states that the platform supports personalized benefits management and provides data-driven insights, with the goal of increasing employee wellbeing, engagement and productivity.
Alight reports that Alight Worklife is used in connection with benefits administration, health navigation, wealth, wellbeing and leaves administration. The company also highlights that the platform is used to unify benefits information and experiences across these domains, and that it is part of how Alight delivers what it refers to as the Alight Benefits Advantage™ for clients.
Benefits administration focus
In multiple press releases, Alight describes itself as having a long history as an integrated benefits administration services provider. It emphasizes its experience in navigating complex benefits strategies and in working across health, wealth, wellbeing and leaves administration. The company states that it serves many large enterprises and that its services and technology are used by a population it describes as 35 million people and dependents.
Alight’s public communications highlight a focus on benefits experience and outcomes. The company points to benefits administration as a way for employers to build a healthy and financially secure workforce, and it links its technology and services to employee wellbeing, engagement and productivity. It also notes that its solutions are used in defined contribution retirement plans and other benefit programs through collaborations with financial institutions and asset managers.
Use of AI and cloud-based capabilities
Alight characterizes itself as a cloud-based provider and frequently references the role of AI and automation in its offerings. In its public statements, the company notes that it has invested in AI and automation to enhance client management and delivery capabilities and to reimagine client and participant experiences. It also reports that it is working with partners to expand AI use within its platform and solutions.
The company has announced the introduction of a generative AI-driven solution on Alight Worklife for benefits enrollment optimization and benefits utilization. According to Alight, this tool is intended to simplify complex benefits information and provide personalized guidance during annual enrollment. The company describes this solution as a generative AI-powered benefits assistant that is integrated across Alight Worklife and draws from employer plan documentation, policy information and available programs to deliver context-aware support.
Alight has also announced an expanded collaboration to deploy IBM watsonx into its offerings. In its description, this collaboration is intended to support AI-enabled personalized chat, task automation, benefits administration modernization, and productivity improvements across Alight’s internal and client-facing processes. The company states that this work includes an AI innovation lab and the use of IBM AI governance tools, and that it is part of its broader digital transformation.
Client collaborations and retirement income focus
Alight’s public announcements describe collaborations with other organizations as part of its approach to benefits and retirement solutions. For example, the company has disclosed a strategic collaboration with MetLife to bring MetLife’s institutional income annuities to the Alight Worklife platform for defined contribution plan participants. In that description, Alight explains that plan sponsor clients will have access to MetLife’s guaranteed income products within their defined contribution plans through Alight Worklife, allowing participants to convert a portion of savings into predictable monthly income.
Alight has also referenced a defined contribution wealth solution in collaboration with Goldman Sachs Asset Management, which it describes as considering lifetime income as part of a holistic retirement plan. According to Alight’s description, Goldman Sachs Asset Management serves as a sub-advisor in that solution, bringing experience in the retirement space to support plan sponsors and participants.
Corporate governance and leadership changes
Alight’s recent SEC filings and press releases describe several governance and leadership developments. The company has announced that its Board of Directors approved a proposal to seek stockholder approval to declassify the Board, with the intention to present a declassification proposal at a future annual meeting. In its disclosures, Alight links this proposal to feedback from stockholders and to governance practices that emphasize annual director elections.
In leadership, Alight has reported that its Board appointed Rohit Verma as Chief Executive Officer and a member of the Board, effective January 1, 2026, in connection with the planned departure of Dave Guilmette from the CEO role and the Board. The company has also disclosed a transition in the Chief Financial Officer position, with Greg Giometti appointed as Interim Chief Financial Officer effective January 9, 2026, following the resignation of Jeremy Heaton to pursue an opportunity outside the benefits administration space. These changes are detailed in the company’s Form 8-K filings.
Financial reporting and segment background
Alight regularly reports its financial results through earnings press releases and related Form 8-K filings. In one such release, the company discussed quarterly revenue, gross profit, net income (loss), non-cash goodwill impairment charges, adjusted EBITDA, and other non-GAAP metrics. It also described metrics such as Revenue Under Contract, which it defines as an operational metric representing management’s estimate of anticipated revenue expected to be recognized in a given period based on historical client contracting practices.
In earlier company descriptions, Alight stated that it operated under one reportable segment, Employer Solutions, after completing the divestiture of its Professional Services segment and its Payroll & HCM Outsourcing business within Employer Solutions. The company has also highlighted that a significant portion of its revenue is recurring, based on its earnings disclosures.
Regulatory status and stock information
Alight’s Class A common stock is registered under Section 12(b) of the Securities Exchange Act of 1934 and is listed on the New York Stock Exchange under the ticker symbol ALIT. The company files periodic reports, current reports and proxy statements with the U.S. Securities and Exchange Commission, and it uses Form 8-K filings to report material events such as leadership changes, financial results and governance proposals.
Through these disclosures, Alight presents itself as a cloud-based human capital technology and services provider focused on benefits administration, workforce engagement and data-driven insights for large organizations and their employees and dependents.