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Fortune Ranks Ultimate Software #5 Best Workplace for Millennials, #5 for Gen Xers

Date: July 15, 2016 2:00 PM EDT

Public Company Information:

NASDAQ: ULTI
US90385D1072

Ultimate Software (Nasdaq: ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today it has been ranked #5 on Fortune’s list of 100 Best Workplaces for Millennials, and #5 on Fortune’s list of 20 Best Workplaces for Gen Xers. Both rankings are based entirely on employee feedback from Great Place to Work® surveys of more than 88,000 millennials (born 1981 or later) and more than 109,000 Gen Xers (born between 1965 and 1980).

“We are grateful that Ultimate employees across generations recognize the value of our ‘People First’ culture,” said Scott Scherr, CEO, president, and founder of Ultimate. “From the beginning, we’ve built our business by providing for our people, so they thrive and feel empowered to always do the right thing. These survey results demonstrate that this philosophy resonates with our employees at every stage of their careers. We’ve dedicated ourselves to creating an environment where our people are honored to work here and, as a result, we all believe it’s a privilege to serve our customers.”

Employees at 620 Great Place to Work-certified organizations rated their companies on 58 workplace-quality questions. Millennials considered factors such as the sincerity of managers’ support for people’s personal and professional lives, how transparent communication is, people’s ability to be themselves at work and to invest in their lives outside work, and the meaning they get from their jobs. Gen Xers considered factors such as advancement opportunities, generosity of benefits packages, genuineness of work-life balance support, connections with their colleagues, and the ability to make a difference in their work. These anonymous responses resulted in a total score for each company, which was compared with the benchmark for organizations of that size.

For more information on these two Fortune 2016 lists, visit http://fortune.com/best-workplaces-millennials/ and http://fortune.com/best-workplaces-gen-x/.

About Great Place to Work®
Great Place to Work® is the global authority on high-trust, high-performance workplace cultures. Through proprietary assessment tools, advisory services, and certification programs, including Best Workplaces lists and workplace reviews, Great Place to Work® provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures. In the United States, Great Place to Work® produces the annual Fortune “100 Best Companies to Work For®” and a series of Great Place to Work® Best Workplaces lists, including lists for millennials, women, diversity, small and medium companies, and over a half dozen different industries.

Follow Great Place to Work® online at www.greatplacetowork.com and on Twitter at @GPTW_US.

About Ultimate Software
Ultimate is a leading provider of cloud-based human capital management (HCM) solutions, with more than 25 million people records in the cloud. Ultimate’s award-winning UltiPro delivers HR, payroll, talent, and time and labor management solutions that connect people with the information they need to work more effectively. Founded in 1990, the company is headquartered in Weston, Florida, and employs more than 3,000 professionals. In 2016, Fortune ranked Ultimate #1 on its list of 10 Best Large Workplaces in Technology and #15 on Fortune’s 100 Best Companies to Work For list, the fifth consecutive year to be ranked in the top 25. In 2015, Ultimate was recognized by Fortune as one of the 100 Fastest-Growing Companies; ranked #7 on Forbes magazine’s list of the 100 Most Innovative Growth Companies; named among InformationWeek’s Elite 100, honoring innovation in business technology; and recognized as a “Leader” in Nucleus Research’s HCM Technology Value Matrix. Ultimate has approximately 3,200 customers with employees in 160 countries, including Bloomin’ Brands, Culligan International, Feeding America, Major League Baseball, Pep Boys, SUBWAY, Texas Roadhouse, and Yamaha Corporation of America. More information on Ultimate’s products and services for people management can be found at www.ultimatesoftware.com.

UltiPro is a registered trademark of The Ultimate Software Group, Inc. All other trademarks referenced are the property of their respective owners.

Follow Ultimate Software
LinkedIn: http://linkd.in/UltimateHCM
Twitter: www.twitter.com/UltimateHCM
Facebook: http://www.facebook.com/UltimateSoftware

Contact Information:

Darlene Marcroft, Vice President of PR and Communications at Ultimate Software
phone: 954-331-7444; email: darlene_marcroft@ultimatesoftware.com

For sales information, phone: 800-432-1729; website: www.ultimatesoftware.com