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Ultimate Software Ranked #1 Best Workplace for Millennials by Fortune

Date: June 28, 2017 10:00 AM 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 that Ultimate has been ranked #1 on the 100 Best Workplaces for Millennials list for 2017 by Fortune magazine and Great Place to Work. The list recognizes companies with “high-trust cultures” that offer millennials (born 1981 or later) meaningful work, abundant opportunities for career development, extraordinary benefits, and an overall positive employee experience. Ranking is based primarily on feedback from more than 398,000 employees surveyed at companies across the United States.

“We’re extremely proud to be ranked #1 on Fortune’s Best Workplaces for Millennials list,” said Vivian Maza, chief people officer at Ultimate. “Our people are our first priority, and we’re focused every day on creating a culture where employees feel trusted, empowered, and supported in building their careers and growing as people—not only millennials, but all generations. We care for our employees like family and look to connect with them on a personal level. These survey results show that level of care resonates with our people, and they ‘pay it forward’ through the innovative products and personalized service they consistently deliver to our customers.”

Ultimate fosters a collaborative, productive workplace culture conducive to long-term growth, with development programs like LeadUS and Footprints that prepare high-performing employees for leadership positions. Its diverse Communities of Interest groups—PrideUS, Women in Leadership, and UltiVETS—offer networking and social events that promote acceptance, equality, and support for all individuals. With a focus on employees’ whole health and well-being, Ultimate offers onsite massages, meditation, acupuncture, cupping, stretching, and exercise classes such as Pilates and yoga. Additional perks for employees include onsite car washes, a basketball court and game room, a Starbucks at headquarters, frequent food, and monthly visits from an ice cream truck with free treats.

The company’s comprehensive benefits package includes 100% employer-paid healthcare premiums (medical, dental, and vision) for all full-time employees and their families, including same-sex married couples; a 401(k) retirement plan with a 40% dollar-for-dollar company match on employee contributions; unlimited time off for rest, relaxation, and personal pursuits; paid maternity, paternity, and adoption leave; and two paid service days a year for volunteering at nonprofit organizations. Each employee also receives restricted stock units upon hiring, with the opportunity to earn additional shares for outstanding performance. All new hires are flown to company headquarters in South Florida for a two-day orientation, where they hear from, personally meet, and enjoy a casual dinner with Ultimate’s CEO and other executives.

Rankings on Fortune’s 100 Best Workplaces for Millennials are based on feedback from over 398,000 employees at Great Place to Work-Certified™ organizations. An anonymous Trust Index© survey assessed millennial employees’ experience of their managers’ competence, respect, and fairness in the workplace, meaningful work, and other elements essential for an outstanding workplace. Results were compared with colleagues’ responses from other generations, and rankings also take into account the consistency of experience for all millennials, across various job roles and demographic backgrounds.

For more information on Fortune’s 100 Best Workplaces for Millennials list for 2017, visit http://fortune.com/best-workplaces-millennials.

About Great Place to Work
Great Place to Work is the global authority on high-trust, high-performance workplace cultures. Through its certification programs, Great Place to Work recognizes outstanding workplace cultures and produces the annual Fortune 100 Best Companies to Work For and Great Place to Work Best Workplaces lists for Millennials, Women, Diversity, Small and Medium Companies, industries, and, internationally, countries and regions. Through its culture consulting services, Great Place to Work helps clients create great workplaces that outpace peers on key business metrics like revenue growth, profitability, retention, and stock performance.

About Ultimate Software
Ultimate is a leading provider of cloud-based human capital management solutions, with more than 33 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, Ultimate is headquartered in Weston, Florida, and employs more than 3,800 professionals. In 2017, Fortune ranked Ultimate #7 on its prestigious 100 Best Companies to Work For list, its sixth consecutive year ranked in the top 25, and #1 on Fortune’s list of the 10 Best Workplaces in Technology for the second year in a row. Also in 2017, People magazine ranked Ultimate #2 on its 50 Companies That Care list, Brandon Hall Group honored Ultimate with its Gold Award in Technology, and the National Customer Service Association named Ultimate the Service Organization of the Year. Ultimate has more than 3,700 customers with employees in 160 countries, including Bloomin’ Brands, Culligan International, Feeding America, Major League Baseball, Red Roof Inn, 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: 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