Ultimate Software Rated #1 by Employees for “Best Business Outlook”, According to Bloomberg.com Article

November 19, 2015

Ultimate Software

Date: November 19, 2015 2:00 PM EDT

Ultimate Software (Nasdaq: ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today that the company has the “best business outlook” nationwide, according to its employees, as determined by reviews on careers website Glassdoor.com and reported by Bloomberg Business.

Glassdoor’s list ranks the top 10 companies with 1,000 or more employees that have received at least 30 business-outlook ratings in employee reviews posted to the site in the past three months. As reported by Bloomberg, of the approximately 445,000 companies reviewed on Glassdoor, Ultimate received the most positive performance outlook from its workforce, exceeding 90%, more than double the Glassdoor average of 43%. Bloomberg also noted Ultimate’s strong financial performance over the past 12 months in correlation to its employees’ attitude on the company’s future earnings.

“Ultimate Software was founded on a ‘People First’ philosophy, where we take care of our employees and value their unique contributions to our company’s growth and success,” said Scott Scherr, CEO, president, and founder of Ultimate. “Their dedication has helped Ultimate achieve record revenues and deliver the industry’s best technology and customer service. I am humbled by our employees’ confidence in our future and am proud of all that we continue to accomplish together.”

Business-outlook ratings are gathered through Glassdoor’s online company-review survey, which seeks to gain current- and former-employees’ sentiment about job and company satisfaction, the work environment, and the culture. Employees provide feedback about their company’s expected performance over the next six months, deciding whether business will be better, worse, or the same.


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