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An Update on U.S. Workforce Activity

This report explores weekly workforce data across approximately 40,000 U.S. businesses and their 4.5 million employees.

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The Workforce Institute is a think tank that curates ideas, strategies, and best practices on how to create great workplace experiences in a way that positively impacts lives, communities, and business outcomes.

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Latest UKG News

Media Coverage

Apr 9, 2021

How the Best Workplaces in Technology Plan to go from Virtual to Hybrid Workplaces

Fortune | Aron Ain is a face-to-face kind of leader. The CEO of HR and workforce management software company UKG likes being in the same room with people, connecting in that way only handshakes and hugs can accomplish. So COVID has been a challenge for him. Especially because 2020 turned out to be the year his former company, Kronos, merged with Ultimate Software to create UKG.

Media Coverage

Apr 2, 2021

U.S. Factories Desperate for Workers, Even as Ranks of Jobless Remains High

Reuters | UKG, which provides time management for small and mid-sized companies, said employee shift work at U.S. manufacturers was up 3.4% in mid-March from mid-February, outpacing a 2.6% increase across all industries.

Media Coverage

Apr 1, 2021

Weekly Jobless Claims Are Up, But Other Signs Point to a Recovering Job Market

Marketplace | Ultimate Software and Kronos Inc. released the news of the definitive merger agreement Thursday. According to both companies, the move will form one of the world’s largest cloud companies, valued overall at $22 billion.

Media Coverage

Aug 28, 2020

Ultimate Software, Kronos Unveil Combined Brand

HCM Technology Report | Ultimate Software and Kronos, who closed their merger in April, unveiled their new corporate identity and began hinting at plans for their combined future. Beginning October 1, the merged companies will rebrand as UKG, for Ultimate Kronos Group, and adopt the tagline “Our purpose is people.” The company said the name is meant to “build on the strength and innovation” of Ultimate and Kronos even while “signaling a singular, shared focus on inspiring workforces and businesses around the world.”

Media Coverage

Aug 28, 2020

Here Are the Next Steps in the Kronos, Ultimate Software Merger

HR Executive | About six months ago, HCM giants Kronos and Ultimate Software announced they would merge in a record, industry-changing merger valued at $22 billion. Now, the two companies are unveiling the highly anticipated next steps of their joint venture. Starting Oct. 1, the newly formed company will be called UKG, standing for Ultimate Kronos Group, the organization announced this week. Company CEO Aron Ain told HRE that the new tagline, “Our purpose is people,” represents the spirit of “UKG’s unwavering commitment to our employees, their families, our customers and their people, our partners and our communities, while also incorporating both companies’ strong legacies into our new brand.”

Press Release

Aug 28, 2020

Kronos and Ultimate Software Unveil Plans to Rebrand as “UKG”

LOWELL, Mass, and WESTON, Fla. | Ultimate Software and Kronos Incorporated today announced plans to rebrand the company. The combined company’s new name will become UKG (Ultimate Kronos Group), effective October 1, 2020.