Fortune Ranks Ultimate Software #1 Best Workplace for Millennials for Second Consecutive Year
Date: June 27, 2018 10:00 AM EDT
Ultimate Software (Nasdaq: ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today that Fortune, in coordination with Great Place to Work, ranks Ultimate #1 on the 100 Best Workplaces for Millennials list for 2018, marking Ultimate’s second consecutive year at the top. The list recognizes companies with “high-trust cultures” that offer millennials (born 1981 or later) meaningful work, abundant opportunities for career development, extraordinary benefits, and an overall positive employee experience. Rankings consider feedback from more than 398,000 employees surveyed at companies across the United States.
“Putting people first is all about caring for others like family, and it’s been our key mission at Ultimate for more than 25 years,” said Vivian Maza, chief people officer at Ultimate. “Every day, we work on protecting a culture that best serves our employees and empowers them to help one another, create innovative HCM products and services for our customers, and achieve personal and professional growth throughout the process. At the same time, we recognize the importance of providing onsite benefits and companywide programs that encourage work-life balance and support our employees—our millennials and all our people—at every stage of their careers. We’re honored to be recognized on this list, and will continue to put people first in everything we do.”
Ultimate fosters a collaborative, productive workplace conducive to long-term employee growth, with educational programs that prepare high performers for leadership positions and help current leaders further develop their people management skills. Ultimate’s diverse Communities of Interest groups—PRIDEUS, Women in Leadership, UltiVETS, and UltiHOPE—offer learning, networking, and social events that promote inclusivity, respect, care, and support for all individuals. With a focus on improving employees’ whole health and well-being, Ultimate offers onsite massages, meditation, acupuncture, cupping, stretching, and group exercise classes, such as yoga and boot camps. Additional perks for employees include onsite car washes, game rooms, a basketball court and Starbucks at headquarters, frequent food, and monthly visits from an ice cream truck with free treats.
The company’s comprehensive benefits package includes 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% dollar-for-dollar company match on all employee contributions; unlimited time off for rest, relaxation, and personal pursuits; paid maternity, paternity, and adoption leave; and three paid service days a year for volunteering at nonprofit organizations. Employees also receive company equity (restricted stock units) upon hiring, with the opportunity to earn additional shares for outstanding performance. As part of a companywide welcoming and introduction to Ultimate’s culture, all new hires are flown to headquarters in South Florida for a two-day, interactive orientation, where they hear from, personally meet, and enjoy meals with Ultimate’s CEO and other executives.
Rankings on Fortune’s 100 Best Workplaces for Millennials are based on anonymous feedback from over 398,000 U.S. employees at Great Place to Work-Certified organizations. An anonymous Trust Index survey evaluates more than 50 elements of employees’ experiences on the job. These include employee pride in the organization’s community impact, beliefs that their work makes a difference, and feelings that their work has special meaning. Rankings consider responses from employees across the organization and in a spectrum of job roles.
For more information on Fortune’s 100 Best Workplaces for Millennials list for 2018, visit http://fortune.com/best-workplaces-millennials.
About Great Place to Work
Great Place to Work is a global people analytics and consulting firm that helps companies of all sizes produce better business results by focusing on the work experience for every employee—our research shows there’s a clear and direct relationship between employee engagement and financial performance. Over the past 30 years, we have surveyed more than 100 million employees to help organizations around the world identify and build high-trust, high-performance workplace cultures. Powered by decades of research, Emprising, our Software-as-a-Service survey and analytics platform, empowers companies with access to the assessments, data, and real-time reporting needed to help them create a meaningful impact on their business, their people, and their culture. Through our certification programs, we recognize outstanding workplaces and produce Fortune’s annual list of the 100 Best Companies to Work For, as well as a variety of other Best Workplace rankings in the United States and in more than 60 other countries. Everything we do is driven by our mission: to build a better world by helping every organization become a Great Place to Work For All by the year 2030.
About Ultimate Software
Ultimate is a leading provider of cloud-based human capital management solutions, with more than 38 million people records in the Ultimate 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 4,300 professionals. In 2018, Ultimate ranked #3 on Fortune’s 100 Best Companies to Work For list, its seventh consecutive year in the top 25, and #1 on Fortune’s Best Workplaces in Technology list for the third year in a row. In 2017, Ultimate ranked #7 on Forbes’ list of 100 Most Innovative Growth Companies; #2 on People’s 50 Companies That Care list; and the National Customer Service Association named Ultimate Service Organization of the Year in the Large Business category. Ultimate has more than 4,100 customers with employees in 160 countries, including Bloomin’ Brands, Culligan International, Feeding America, Phoenix Suns, 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.
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Darlene Marcroft, Vice President of PR and Communications at Ultimate Software
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