Marks Fifth Consecutive Year on List
Date: March 3, 2016 11:30 AM EDT
Ultimate Software (Nasdaq: ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today that Fortune magazine has ranked Ultimate #15 on its 2016 “100 Best Companies to Work For” list. This marks Ultimate’s fifth consecutive year in the top 25 on the prestigious list and honors our trust-focused, employee-centric culture. Ultimate’s culture fosters teamwork, innovation, diversity, professional and personal growth, giving back to our communities, and celebrating together.
“More than 25 years ago, we founded Ultimate on the fundamental belief that putting people first is the principal driver of business success. Talented, caring people make a high-functioning workplace a reality, create award-winning products, and deliver industry-leading services,” said Scott Scherr, CEO, president, and founder of Ultimate. “Ultimate’s strength comes from our people knowing we respect and care for them like family. They reward us with a familial commitment to one another and a passionate dedication to our customers that is second to none. The power of our people’s talent and caring shows in our customer retention rate, which exceeds 97%.”
“This year’s 100 best workplaces show—again—that trust fuels financial performance,” said Michael Bush, CEO of Great Place to Work®. “Great workplaces have significantly less turnover, outperform peers in the stock market, and enjoy high levels of collaboration, communication, and trust—crucial ingredients for innovation. The 100 best are setting the standard for all businesses.”
This top-workplace honor from Fortune builds upon additional recognition Ultimate has received in the last twelve months:
• #1 Best Large Workplace in Technology by Fortune in 2016
• #2 Best Workplace for Camaraderie by Fortune in 2015
• #6 Best Workplace for Millennials by Fortune in 2015
• #4 Best Workplace for Diversity by Fortune in 2015 (in related Fortune lists: #1 for Hispanics and Latinos, as well as #3 for African-Americans)
• #23 Best Workplace for Women by Fortune in 2015
More Information on Ultimate’s Workplace
• Ultimate is now hiring for many key roles.
• Listen to our people describe Ultimate in their own words.
• See Ultimate’s profile on Fortune.
• See Ultimate’s profile on Great Place to Work.
Congratulations to Our Customers
Ultimate congratulates all our customers named to the 2016 Best Companies to Work For list, with special recognition to Google, celebrating its seventh year at #1. Some of our customers who made the list are: Activision Blizzard, ACUITY Insurance, Adobe Systems, American Fidelity Assurance Company, Baker Donelson, Camden Property Trust, David Weekley Homes, First American, Google, Hyland, JM Family Enterprises, Kimley-Horn and Associates, Quicken Loans, Slalom, TDIndustries, The Container Store, and Veterans United Home Loans.
Methodology
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. Two-thirds of a company’s survey score is based on the results of the Trust Index Employee Survey, which is sent to a random sample of employees from each company. This survey asks questions related to employees’ attitudes about management’s credibility, overall job satisfaction, and camaraderie. The other third is based on responses to the Culture Audit, which includes detailed questions about pay and benefit programs and a series of open-ended questions about hiring practices, methods of internal communication, training, recognition programs, and diversity efforts.
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