Rewarding

Rewarding our people at Ultimate Software means rewarding ALL of us. We are all owners. We all receive important medical and dental coverage for ourselves and our loved ones, but fairness goes far beyond that here. We all have a chance to go offsite to fun meetings. We are all recognized as important contributors and have opportunities for a variety of bonuses and awards. Most important, we are all respected for what we bring to the team. We all have a voice our leaders want to hear and an avenue for sharing ideas.


“It’s easier to talk about fairness when you think about what’s not fair. I’ve seen many unfair things in my previous work lives. Here at Ultimate, EVERYTHING IS FAIR. EVERYONE HAS A VOICE.”
Kelly James, Solutions Expert Manager

Compensation for All UltiPeeps…Beyond Salary

We believe our total compensation package to be above the average for nearly all positions in our industry and in the geographic areas where we do business.

Ownership in UltimateAll our people are awarded ownership in Ultimate as new hires. In recent years, the ownership is in the form of restricted shares. In previous years, the ownership was in stock options.

Medical coverage — Our healthcare coverage is employer-paid for all our employees and their family members (an open access PPO plan) — at no premium cost to our employee.

Prescription coverage — Our prescription coverage is employer-paid for all our employees and their family members (an open access PPO plan) — at no premium cost to our employee.

Vision coverage — Our vision coverage is employer-paid for all our employees and their family members (an open access PPO plan) — at no premium cost to our employee.

Same Sex Married Couples — 100% Employer paid health coverage.

Dental coverage — Our dental coverage is employer-paid for employees and their families and domestic partners with a choice of an HMO or PPO dental plan — at no premium cost to our employee.

401(k) — Our 401(k) plan is an employer-match program where Ultimate matches our employee’s contribution at 40% of the employee’s contributed amount every pay period — up to the highest allowable federal limit annually. All our people have the option of participating, via pretax payroll deductions and are eligible after three months of service prior to open enrollment (November or June) and if 18 years of age or older.

Life insurance — Ultimate provides life insurance coverage for every employee equal to his or her current annual salary — up to a maximum of $600,000, i.e., a person earning $150,000 annually has $150,000 in life insurance coverage at no cost to the employee (other than the tax required by IRS for coverage above $50,000 — and our people have the option of refusing coverage above $50,000 if they like), $10,000 spouse life insurance.

Long-term disability — All our employees have LTD coverage for 60% of their salary starting on the 91st day of disability with no premium cost to our employee, and they have the option to purchase additional LTD coverage via payroll deduction.

Other Benefits that are paid for by Ultimate for all our employees:

  • Associate Assistance Program for employee and family household members
  • Access to IBM SE Associates’ Federal Credit Union
  • Tuition reimbursement for a maximum of $5,250 per year
  • 100% certification program reimbursement directly related with current position (with manager approval)
  • Paid time off bank
  • Maternity/Adoption leave for 10 weeks with pay
  • Paternity Leave for four weeks with pay

Other benefits available to all associates at group discounted rates include:

  • Identity Theft Shield Membership
  • Pet Assure Membership
  • Child Alert Center (CAC)
  • Prepaid Legal Services
  • Short-Term Disability
  • Critical Illness Protection
  • Cancer Medical Plan
  • Supplemental Long-Term Disability

Practices that Contribute to Sense of Fairness:

  • Bonuses take many forms at Ultimate: shares of ULTI stock for annual performance, cash cards for instant spot bonuses, cash and trips associated with awards, and a variety of both large and small gifts for performance and significant life events. All employees are eligible for awards and bonuses.
  • All awards are based on employee votes or nominations…or they are based on objective performance measurements (such as dollar-value of business generated).
  • Our CEO Scott Scherr talks to everyone in the company with equal warmth and attention. He is open and generous to all, no matter what job they have. When he buys flowers from the visiting flower vendor, he buys for anyone who happens to be around. He doesn’t pick and choose people who might be perceived as favorites. He sets the tone, and the tone is all-inclusive.
  • Reward trips are given to people in all departments, not just to Sales and Services people with quotas. Every employee in every department has the opportunity to go on Ultimate-sponsored trips outside of the office to a resort location.
  • Awards are typically given to mid- and lower-level employees and exclude senior leaders.
  • Nearly all departments have either team advisory boards in place or anonymous surveys so that team members can share their ideas, proposals, and grievances with the management team.