Alight acquired ReedGroup, a leave management solutions company from the Guardian Life Insurance Company of America. Terms of the deal were not disclosed.
ReedGroup is a data-driven absence management provider that offers outsourcing, co-sourcing, SaaS and clinical guidelines designed to meet the needs of large employers, insurers and healthcare professionals.@AlightSolutions acquires leave management company, expands reach of platform #HRTech #HR Click To Tweet
The acquisition of ReedGroup builds upon Alight’s goal of supporting employees and their dependents from hire through the employee lifecycle. The company said its approach is made possible by adding new content, capabilities and products that could change the way employees interact with HR, their benefits and their employer.
“Combining ReedGroup with Alight’s full breadth of capabilities will create a more effective leave experience for both employers and employees,” said Alight Executive Vice President, Insurance Solutions Andre Walton. “When Alight supports workers through their leave with clinical guidance and expert second opinion services and more, we can help workers care for their health and wellbeing during their time on leave and return to work with a thoughtful eye towards improving outcomes for workers and for their employers.”
Expanding Employee Experience Globally
In addition, Alight announced the global expansion of its employee experience platform Alight Worklife, along with the payroll solution. The initial phase of the expansion combines the two offerings into a single, automated solution to offer customers payroll platforms which span 180 countries and 25 languages.
“Multinational companies face considerable complexity in managing global payroll,” said Cesar Jelvez, chief professional services and global payroll officer at Alight. Standardizing and simplifying that process across countries is imperative, he said.
The platform will use AI, data and content to create more personalized employee experiences. The company hopes this will further its goal of helping decision makers to optimize costs, uncover trends and make better-informed business decisions.