Ultimate Software Ranks #2 on Fortune’s 100 Best Companies to Work For 2020 List
Ultimate earns its highest-ever ranking, honoring 30-year commitment to providing “People First” culture for all employees
Date: February 18, 2020 7:00 AM EDT
Ultimate Software, a leading global provider of human capital management (HCM) and employee experience solutions in the cloud, announced today that Fortune and Great Place to Work have ranked Ultimate #2 on the 100 Best Companies to Work For list for 2020, honoring Ultimate’s 30-year history of providing a “People First” workplace culture that respects, values, and cares for all individuals. This marks the company’s highest-ever ranking on the nationwide list and its fourth consecutive year in the top 10, with Ultimate having ranked in the top 25 on Fortune’s 100 Best Companies to Work For list since 2012.
"The entire Ultimate family is both thrilled and humbled by this recognition. In my 23 years at Ultimate, from intern to CEO, I've experienced first-hand our commitment to not only creating great software, but, more importantly, to developing and growing strong leaders with a passion for raising the bar on how companies take care of their employees," said Adam Rogers, CEO of Ultimate. "This unwavering commitment has guided every decision we make. We know we couldn't be where we are today without a shared commitment from every one of our employees worldwide, and we could not be more proud to celebrate this recognition together as a team."
Dedicated to Caring For All Employees—and Their Families
Through a variety of companywide programs, benefits, and perks, Ultimate encourages collaboration, innovation, camaraderie, and inclusion. Throughout the year, and at every level of the organization, Ultimate provides opportunities for employees to develop their careers, achieve their professional and personal goals, celebrate individual and team accomplishments, grow as people, and serve their local, national, and global communities.
Caring for its people is foundational to Ultimate's "People First" culture. The company's comprehensive benefits package for all regular, full-time employees includes:
• Fully paid healthcare premiums (medical, dental, and vision) for employees and their families, including same-sex married couples—with coverage for infertility treatments and gender reassignment surgery
• A 45 % dollar-for-dollar match on all employee 401(k) retirement contributions, with no cap, up to federal limits
• Company equity upon hiring, with opportunities to earn additional equity for performance
• Unlimited paid time off for salaried employees and at least 15 days per year for hourly employees
• Paid parental leave: maternity/adoption (10 weeks) and paternity (4 weeks), with USD 10.000 (per child, up to two children) in financial assistance to support employees who adopt children
• Three paid days per year for employees to serve charitable causes and volunteer at nonprofit organizations of their choosing
Ultimate fosters career and personal growth through ongoing learning opportunities, mentorship, and its LeadUS development program for current and future leaders. Employees are encouraged to join and participate in Ultimate's diverse Communities of Interest: PRIDEUS for LGBTQ+ individuals and allies; Women in Leadership and Women in Technology for women at all levels of the organization; UltiVETS for veterans and active service members; and UltiHOPE for cancer patients, survivors, and caregivers. Ultimate also prioritizes employees' overall health through its UltiWellness program, focusing on six, key pillars of wellbeing: social, emotional, financial, physical, environmental, and spiritual health.
Recognition for Ultimate’s “People First” Culture, Products, and Services
This year’s #2 ranking on Fortune’s 100 Best Companies to Work For list follows more than 40 awards and honors Ultimate has earned over the past 12 months, each recognizing the company’s “People First” approach to workplace culture, HCM technology, and proactive customer service. Notable achievements include ranking #1 on Fortune’s Best Workplaces in Technology list (“Large Companies” category) for the fourth year in a row; #1 on Fortune’s Best Workplaces for Millennials list for the third consecutive year; #2 on Fortune’s Best Workplaces for Women and PEOPLE magazine’s Companies That Care lists; #1 on Computerworld’s Best Places to Work in IT list (midsize companies) for the third year in a row; and #6 on Forbes magazine’s America’s Best Employers for Diversity 2020 list among 500 companies.
"I'm so proud of our employees for making Ultimate the #2 Best Company to Work For. I believe we live our 'People First' mission every single day, and to be recognized as one of the best workplaces by our employees, Fortune, and Great Place to Work is one of the highest honors we could ever achieve," said Julie Dodd, chief operating officer of Ultimate. "We've made a lifelong commitment to always doing the right thing at Ultimate and this recognition is a testament to the dedication and care our employees show for each other, our customers, and our communities."
In determining this year’s rankings on Fortune’s 100 Best Companies to Work For list, Great Place to Work analyzed survey feedback from more than 650.000 employees across the United States, representing companies with 1.000 or more employees, in diverse industries. Respondents rated their respective workplace cultures on more than 60 elements, such as trust in leadership, respect, fairness, and camaraderie among teams. As part of its comprehensive ranking process, Great Place to Work also evaluated companies on over 200 data points detailing each company’s HR programs and practices.
“The 100 Best show the way forward,” said Michael C. Bush, CEO of Great Place to Work. “These companies have created Great Places to Work For All—for everyone, no matter who a person is or what they do for the organization. As a result, they have built a path to realize the promise of artificial intelligence, gain strength from a diversity of perspectives, and thrive during downturns.”
About Great Place to Work
Great Place to Work is the global authority on workplace culture. They help organizations quantify their culture and produce better business results by creating a high-trust work experience for all employees. Emprising, their culture management platform, empowers leaders with the surveys, real-time reporting, and insights they need to make data-driven people decisions. They use their unparalleled benchmark data to recognize Great Place to Work-Certified companies and the Best Workplaces in the United States and more than 60 countries, including the 100 Best Companies to Work For list published annually in Fortune.
About Ultimate Software
Ultimate is a leading global provider of cloud-based human capital management and employee experience solutions, with more than 51 million people records in the cloud. Our award-winning UltiPro provides HR, payroll, talent, and time and labor management, as well as HR service delivery solutions. Founded in 1990, Ultimate is headquartered in Weston, Florida, and employs more than 6.000 professionals. In 2019, Ultimate ranked #1 on Fortune’s Best Workplaces in Technology and Best Workplaces for Millennials lists, as well as #2 on Fortune’s Best Workplaces for Women and People magazine’s 50 Companies That Care lists. American Business Awards also recognized Ultimate as its #1 Customer Service Department of the Year in the category of Computer Software–More than 2.500 Employees, while TrustRadius ranked UltiPro #1 in HR Management in its Buyers Guide to HR Management Software. Ultimate has more than 6.600 customers worldwide, including Bloomin’ Brands, Feeding America, First Horizon National Corporation, Phoenix Suns, Red Roof, SUBWAY, Texas Roadhouse, and Yamaha Corporation of America. More information on Ultimate’s products and services 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.
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Darlene Marcroft, Vice President of PR and Communications at Ultimate Software
phone: 954-331-7444; email: email@example.com
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