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Ultimate Software Ranked #1 on FORTUNE’s Best Workplaces in Technology List for 2016

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Ultimate Software (Nasdaq: ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today that the company has been ranked #1 on the Best Large Workplaces in Technology list for 2016. Created by FORTUNE and Great Place to Work, the list is a “best of the best” ranking of the top 10 large workplaces in technology and is determined entirely by employee feedback.

“We are extremely proud to have been named the top workplace in technology by FORTUNE,” said Scott Scherr, CEO, president, and founder of Ultimate. “For more than 25 years, we’ve focused on developing a positive and productive culture that’s built on trust and teamwork—one where the core principle has always been putting our employees first. In the high-tech sector, it is especially crucial to build an environment that promotes innovation at a rapid pace—and we are honored to be in the company of other technology businesses that have accomplished this, while also understanding the equivalent importance of respect, appreciation, camaraderie, and philanthropy. There is nothing more rewarding than being named #1 on a list of great places to work that is based completely on our own employees’ input.”

Ultimate is dedicated to cultivating a culture of performance, inclusion, and recognition, with a commitment to providing industry-leading benefits such as 100% employer-paid health coverage; a 401(k) plan with 40% company match on every dollar; paternity and adoption leave; and two paid service days each year for employees to volunteer in their communities.

Ranking on the Best Workplaces in Technology list is determined by the Great Place to Work Trust Index Employee Survey. As part of the survey, employees answer questions about how frequently they experience the behaviors that create a great workplace, considering factors such as how well the company fares on career development, risk-taking, work-life balance, financial and non-financial rewards, transparency in its communications to employees, business vision, and workplace camaraderie. The winners were selected from among all companies that identified themselves as part of the tech industry and evaluated by Great Place to Work. In all, results reflect the opinions of more than 48,000 randomly selected employees surveyed nationwide.

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