Ultimate Software, a leading global provider of human capital management (HCM) and employee experience solutions in the cloud, announced today that Ultimate ranked #2 on Great Place to Work’s and Fortune’s Best Workplaces for Women 2020 list. This marks Ultimate’s second year in a row at #2 and its sixth consecutive year on the list, ranking in the top 5 since 2016.
Ultimate, which will become UKG (Ultimate Kronos Group), merged with Kronos Incorporated on April 1, 2020, to become one of the largest cloud companies in the world focused on HCM and workforce management. Combining two award-winning, employee-centered cultures—emphasized by the company’s new tagline, “Our purpose is people.”—Ultimate and Kronos will officially rebrand as UKG on October 1.
As part of a comprehensive benefits package, Ultimate offers: 100%-company-paid healthcare premiums for all employees and their families, including coverage for infertility treatments and gender reassignment surgery; a 45% dollar-for-dollar match on all employee 401(k) contributions, with no cap, up to federal limits; paid maternity, paternity, and adoption leave, with $10,000 in financial assistance toward the legal adoption of a child (up to 2 children); and unlimited PTO throughout the year. Employees also are encouraged to join companywide employee-resource groups that promote inclusivity, equality, respect, and care for all individuals. Established in 2015, Women in Leadership offers women in all roles and at all job levels an outlet to learn, connect, and succeed through a variety of leadership development and community service events. Women in Technology, one of the company’s newest groups, focuses particularly on female technologists, their unique challenges and opportunities, and mentoring opportunities that address communication and development for success in an historically male environment.
Over the past six months, the company has implemented several new programs and benefits to support employees and their families during the COVID-19 pandemic. This includes financial support through an Employee Relief Fund; a publicly accessible Kids’ Corner website, with educational and entertaining resources to help keep children engaged; a free Virtual Summer Camp, featuring a variety of interactive games and events; a partnership with Tutor.com, providing students of all ages with complimentary access to over 3,000 online tutors; and a series of virtual webinars, social hours, and leadership training courses to ensure employees’ continued success throughout the coronavirus pandemic, and in the years ahead.
“We are humbled and honored to be ranked among the Best Workplaces for Women this year,” said Dave Almeda, chief people officer at Ultimate and Kronos. “At the center of our culture is our commitment to caring for our people, and we will continue to develop our programs, benefits, and software to best serve people in every role. We congratulate our fellow companies on the list and recognize the critical part they each play in creating workplaces of equality.”
Rankings on the annual Fortune Best Workplaces for Women list reflect anonymous survey feedback from millions of U.S.-based employees at organizations across industries. Surveys evaluate companies on dozens of topics related to the daily work experience for all employees, such as trust and fairness. In determining the list, 85% of the ranking comprises what women reported about their workplace, and how fairly those experiences compared with men’s reports at the same companies. The remaining 15% is based on how well represented women are in the workplace and throughout management, taking into account industry trends.
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 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 Software is a leading global provider of cloud human capital management (HCM) and employee experience solutions, with more than 51 million people records in the cloud. Ultimate’s award-winning UltiPro delivers 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. To learn more, visit www.ultimatesoftware.com. Ultimate Software: People First.
About Kronos Incorporated
Kronos is a leading provider of workforce management and human capital management (HCM) cloud solutions. Kronos industry-centric workforce applications are purpose-built for businesses, healthcare providers, educational institutions, and government agencies of all sizes. Tens of thousands of organizations—including half of the Fortune 1000—and more than 40 million people in over 100 countries use Kronos every day. Kronos merged with Ultimate Software on April 1, 2020, to create one of the world’s most innovative HCM and workforce management companies. Visit www.kronos.com. Kronos: Workforce Innovation That Works. Beginning on October 1, 2020, Kronos and Ultimate together will be known as UKG.