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Ultimate Software Rated #1 by Employees for “Best Business Outlook”, According to Bloomberg.com Article

Date: November 19, 2015 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 that the company has the “best business outlook” nationwide, according to its employees, as determined by reviews on careers website Glassdoor.com and reported by Bloomberg Business.

Glassdoor’s list ranks the top 10 companies with 1,000 or more employees that have received at least 30 business-outlook ratings in employee reviews posted to the site in the past three months. As reported by Bloomberg, of the approximately 445,000 companies reviewed on Glassdoor, Ultimate received the most positive performance outlook from its workforce, exceeding 90%, more than double the Glassdoor average of 43%. Bloomberg also noted Ultimate’s strong financial performance over the past 12 months in correlation to its employees’ attitude on the company’s future earnings.

“Ultimate Software was founded on a ‘People First’ philosophy, where we take care of our employees and value their unique contributions to our company’s growth and success,” said Scott Scherr, CEO, president, and founder of Ultimate. “Their dedication has helped Ultimate achieve record revenues and deliver the industry’s best technology and customer service. I am humbled by our employees’ confidence in our future and am proud of all that we continue to accomplish together.”

Business-outlook ratings are gathered through Glassdoor’s online company-review survey, which seeks to gain current- and former-employees’ sentiment about job and company satisfaction, the work environment, and the culture. Employees provide feedback about their company’s expected performance over the next six months, deciding whether business will be better, worse, or the same.


About Ultimate Software
Ultimate is a leading provider of cloud-based human capital management (HCM) solutions, with more than 20 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 2,700 professionals. In 2015, for the fourth consecutive year, Ultimate was ranked in the top 25 on FORTUNE’s list of the 100 Best Companies to Work For; 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 the InformationWeek Elite 100, honoring innovation in business technology; and recognized as a “Leader” in Nucleus Research’s HCM Technology Value Matrix. Ultimate has more than 3,000 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