Newsroom

Ultimate Software Ranked #2 on People Magazine’s Inaugural 50 Companies That Care List

Date: March 29, 2017 11:00 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 #2 on People magazine’s inaugural 50 Companies That Care list. The ranking recognizes companies going the extra mile to foster caring workplace cultures by offering employees extraordinary benefits and perks, professional and personal development, and many opportunities for giving and community service.

“We are honored to be named to People’s first-ever Companies That Care list,” said Vivian Maza, chief people officer at Ultimate. “For 27 years, we’ve focused every day on caring for our people and putting our employees, their families, and the community first. We view Ultimate as a second home for our people, and we do all we can to treat them like family—from ensuring their health and personal well-being, to helping them build successful careers, to recognizing their outstanding performance. In return, we know they’re willing to always go above and beyond for US and our customers, preserving our culture, creating innovative technology, and providing exceptional service.”

Ultimate facilitates a caring and supportive workplace through a variety of programs for employees. These include such benefits as 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% company match on every dollar contributed, with no cap on the match; paid maternity, paternity, and adoption leave; and two paid service days a year for volunteering at nonprofit organizations of their choice. Employees are also essentially part owners of Ultimate, as each receives restricted stock units upon hiring and can earn additional shares for performance.

On a daily basis, Ultimate shows its people how much they are valued, respected, and admired. Employees are encouraged to bring their whole selves to work and to join Ultimate’s diverse Communities of Interest—PrideUS, Women in Leadership, and UltiVETS—each offering networking events and promoting acceptance, equality, and support for all individuals. Ultimate cares for its employees’ health and well-being with a variety of programs, including on-site massages, meditation, acupuncture, stretching, exercise classes, and access to a full-time wellness coach. For professional growth, Ultimate fosters ongoing career development through two hands-on leadership programs, LeadUS and Footprints, and a comprehensive online learning center available to all employees.

Ultimate congratulates its customers also named to the list, including Activision Blizzard, Acuity, Adobe Systems, Camden Property Trust, The Container Store, David Weekley Homes, Kimley-Horn, Nvidia, Quicken Loans, and Recreational Equipment, Inc.

Ranking on People’s 50 Companies That Care list is based on feedback from more than 368,000 employees surveyed across the United States at Great Place to Work-certified organizations of 1,000 or more employees. Those surveyed answered questions about how well their companies treat them on a day-to-day basis. The list also takes into account employees’ personal stories about differences their workplaces have made in their lives and in their communities, as well as the generosity of their organizations’ benefits, financial donations, and volunteerism.

For more information on People’s 50 Companies That Care, or to view the entire list online, visit http://people.com/companies-that-care. The list will also be featured in the April 10 print edition of People magazine, available March 31.

About People
Time Inc.’s People revolutionized personality journalism when it launched as a weekly in 1974 with a mission to celebrate extraordinary people doing ordinary things and ordinary people doing extraordinary things. Ubiquitous and still at the center of pop culture more than 40 years later, the People brand is accessible across all media and platforms (print, digital, video, OTT, mobile, social) bringing more than 80 million consumers a unique mix of breaking entertainment news, exclusive photos, video, unparalleled access to the red carpet, celebrities, and in-depth reporting on the most compelling newsmakers of our time. An essential component of People’s editorial vision remains human interest stories, which touch and often mirror the lives of our passionate audience. ComScore ranks the People/Entertainment Weekly Digital Network No. 1 in the entertainment news category. And now, the People/Entertainment Weekly Network (PEN) app offers a free, advertiser-supported OTT streaming video service. People is an award-winning 24/7 news organization headquartered in NYC with reporters worldwide.

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.

About Ultimate Software
Ultimate is a leading provider of cloud-based human capital management (HCM) solutions, with approximately 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 3,700 professionals. In 2017, Fortune ranked Ultimate #1 on its list of the 10 Best Workplaces in Technology, Ultimate’s second year to top this list; ranked Ultimate #7 on its prestigious 100 Best Companies to Work For list, the sixth consecutive year to be ranked in the top 25; and Brandon Hall Group honored Ultimate with a Gold Award in Technology. In 2016, Ultimate was ranked #1 on Glassdoor’s list of 25 Highest-Rated Public Cloud Computing Companies to Work For, #8 on Forbes’ list of the 100 Most Innovative Growth Companies, and ranked #1 in customer satisfaction in G2 Crowd’s Summer 2016 Core HR Software Grid report, based on user reviews. Ultimate has approximately 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: 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