Ultimate Software Ranks #4 on Fortune’s 50 Best Workplaces for Parents List for 2018
Date: November 29, 2018 2:00 PM EDT
Ultimate Software (Nasdaq: ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today that it is ranked #4 on this year’s 50 Best Workplaces for Parents list by Fortune and Great Place to Work (GPTW). The ranking is based on employees’ survey responses covering a range of topics for parents and non-parents alike, and on an analysis of companies’ policies and practices in such areas as healthcare benefits, parental leave, adoption support, and flexible schedules.
Aligning with Ultimate's companywide commitment to always put people first, the company pays 100% of medical, dental, and vision premiums for employees and their families (including same-sex married couples), with coverage for IVF treatments. Ultimate also provides paid maternity, paternity, and adoption leave; access to private, onsite "Mommy Rooms" for nursing women; unlimited paid time off throughout the year; $300 annually (per child) to help cover costs of children's extracurricular activities; company ownership in the form of Restricted Stock Units upon hiring; and a 401(k) retirement plan with a 40% dollar-for-dollar company match, with no cap, up to federal limits.
As of January 2019, Ultimate will begin providing financial assistance to employees who legally adopt children, including up to $10,000 per child to help cover agency/placement, legal, and/or court fees associated with the adoption process. Ultimate will also raise its dollar-for-dollar company match to 45% on all employee 401(k) contributions.
"Ultimate's people make us who we are, and we will always take care of them like family," said Vivian Maza, chief people officer at Ultimate. "We are committed to flexible careers, balanced lives, and unwavering support to all our employees, whether they're looking to start families, have recently become parents, or are currently raising children. Ultimate is a dedicated, extended family-from our employees to our customers to our communities-and we will continue to allocate the necessary resources to ensure our people can grow and prosper at every stage of their lives."
In determining the 50 Best Workplaces for Parents list for 2018, GPTW based its rankings on a data-driven methodology applied to anonymous Trust Index survey responses representing more than 5 million U.S. employees at GPTW-Certified organizations. For this list, GPTW focused its analysis on parents’ overall feedback, analyzing how their experiences compared with those of their colleagues and whether job level or other personal characteristics changed the level of support they received as parents.
For more information and to view the complete list of the 50 Best Workplaces for Parents for 2018, visit www.greatplacetowork.com/best-workplaces/parents/2018.
About Great Place to Work
Great Place to Work is a global people analytics and consulting firm that helps companies produce better business results by focusing on workplace culture. Powered by more than 30 years of research, Emprising, its SaaS-enabled survey and analytics platform, gives companies access to the assessments, data, and reporting needed to build a high-trust, high-performance culture.
About Ultimate Software
Ultimate is a leading provider of cloud-based human capital management solutions, with more than 40 million people records in the Ultimate cloud. Our award-winning UltiPro delivers HR, payroll, talent, time management, employee sentiment analysis, and HR service delivery solutions that connect people with the information they need to work more effectively. Founded in 1990, Ultimate is headquartered in Weston, Florida, and employs approximately 5,000 professionals. In 2018, Ultimate ranked #3 on Fortune’s prestigious 100 Best Companies to Work For list, our seventh consecutive year in the top 25; #1 on its Best Workplaces in Technology list for the third year in a row; #1 on its 100 Best Workplaces for Millennials list, our second year at the top; and #1 on its 100 Best Workplaces for Women list. Also in 2018, Customer Sales and Service World Awards identified Ultimate as having the #1 Customer Service Department of the Year, and PEOPLE magazine ranked Ultimate #3 on its 50 Companies That Care list. In 2017, Forbes ranked Ultimate #7 on its list of 100 Most Innovative Growth Companies. Ultimate has approximately 4,500 customers with employees in 160 countries, including Bloomin’ Brands, Culligan International, Feeding America, Red Roof Inn, SUBWAY, Texas Roadhouse, and Yamaha Corporation of America. More information on Ultimate’s products and services for people management can be found at www.ultimatesoftware.com.
UltiPro is a registered trademark of The Ultimate Software Group, Inc. All other trademarks referenced are the property of their respective owners.
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Darlene Marcroft, Vice President of PR and Communications at Ultimate Software
phone: 954-331-7444; email: [email protected]
For sales information, phone: 800-432-1729; website: www.ultimatesoftware.com