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Ultimate Software Named #7 Best Company to Work For by Fortune, Marking Highest-Ever Ranking, Sixth Consecutive Year on List

Date: March 9, 2017 9:00 AM EDT

Ultimate Software (Nasdaq: ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today that Fortune has ranked Ultimate #7 on its 2017 list of the 100 Best Companies to Work For. This marks Ultimate’s highest-ever ranking on the prestigious list and our sixth consecutive year in the top 25, recognizing our core commitment to fostering a “People First” workplace built on care, trust, and respect.

“Our people make Ultimate who we are, and our first priority is to care for them like family—always,” said Scott Scherr, CEO, president, and founder of Ultimate. “We’re 100% focused on providing a positive, productive workplace for our people, and we help our customers do the same for their people. Since the beginning, we’ve believed that putting people first empowers them to achieve personal success and impact business in great ways. They are motivated to create the most innovative products, deliver the best service to customers, and support one another as a team, every day. From developing our culture to building our HR and payroll technology, ‘People First’ shines through Ultimate at every step.”

Through a variety of employee-centric programs, benefits, and perks, Ultimate’s people are inspired to learn and grow as professionals, succeed through collaboration, celebrate team accomplishments, and give back in the community. Benefits for all regular, full-time employees include 100% employer-paid healthcare coverage for themselves and their families, including same-sex married couples; a 401(k) retirement plan with a 40% company match on every dollar, with no cap; restricted stock units gifted upon hiring, with the ability to earn additional shares for outstanding performance; paid maternity, paternity, and adoption leave; and two paid service days a year for employees to volunteer in their communities at nonprofit organizations of their choosing.

Ultimate fosters career and personal growth through ongoing learning opportunities, as well as our leadership-development programs, LeadUS and Footprints. Employees are also encouraged to join and participate in 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. Additionally, Ultimate prioritizes employees’ overall wellbeing and cultivates engagement with everyday perks such as on-site massages, meditation, acupuncture, and exercise classes; a Starbucks on campus; companywide birthday celebrations; frequent food; and monthly visits from the ice cream truck, with free treats.

Ultimate congratulates all our customers also named to Fortune’s 100 Best Companies to Work For list in 2017, with special recognition to Google, celebrating its eighth year at #1. Some of our customers who made the list include Activision Blizzard, Acuity, Adobe Systems, American Fidelity Assurance, Baker Donelson, Camden Property Trust, The Container Store, David Weekley Homes, Hyland, JM Family Enterprises, Kimley-Horn, Nvidia, Quicken Loans, REI, Slalom, TDIndustries, and Veterans United Home Loans.

To view the full list of this year’s Fortune 100 Best Companies to Work For, visit http://fortune.com/best-companies.

About The Fortune 100 Best Companies to Work For®
To identify the 100 Best Companies to Work For®, each year Fortune partners with Great Place to Work to conduct the most extensive employee survey in corporate America. The ranking is based on feedback from more than 232,000 employees at Great Place to Work-Certified™ companies with more than 1,000 employees.

Winning a spot on this list indicates the company has distinguished itself from peers by creating a great place to work for employees—measured and ranked through our analysis of the results of our Trust Index© survey and Culture Audit© questionnaire.

Through the Trust Index, employees anonymously assess their workplace, including the honesty and quality of communication by managers, degree of support for employees’ personal and professional lives, and the authenticity of relationships with colleagues. Results from the survey are highly reliable, having a 95% confidence level and a margin of error of 5% or less. Companies’ results on the Trust Index survey are compared to peer organizations of like size and complexity. The Culture Audit includes detailed questions about benefits, programs, and practices.

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. Great Place to Work provides executive advisory and culture consulting services to businesses, nonprofits, and government agencies in over 50 countries across six continents.

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, and Brandon Hall Group honored Ultimate with a Gold Award in Technology. In 2016, Fortune ranked Ultimate #15 on its 100 Best Companies to Work For list, the fifth consecutive year to be ranked in the top 25. Ultimate was also 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: [email protected]

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

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