WESTON, Fla.--(BUSINESS WIRE)--Ultimate Software (Nasdaq: ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today that it has been ranked #2 on this year’s 50 Best Workplaces for Parents list by Fortune and Great Place to Work. The ranking is based on survey responses from more than 440,000 employees in organizations across the United States, and also considers the range of benefits and programs companies offer to equally support working parents and employees without children.
Aligning with its companywide commitment to always put people first, Ultimate pays 100% of medical, dental, and vision premiums for all employees and their families (including same-sex married couples), with coverage for IVF treatments. Ultimate also provides 10 weeks of paid maternity and adoption leave, as well as four weeks of paid paternity leave; access to private, onsite “Mommy’s Rooms” for nursing women; unlimited paid time off throughout the year; $300 annually (per child) to help cover costs of 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.
“For 27 years, we’ve focused on making Ultimate feel like a second home for employees because we value our people like family,” said Vivian Maza, chief people officer at Ultimate. “Caring for family is core to our ‘People First’ belief, and we’re honored to be recognized as a great workplace for parents and a company committed to work-life balance. As our extended family grows, we’ll continue to provide the supportive resources and programs that enable our employees to develop their careers, achieve their professional goals, raise their own families, and foster fulfilling lives beyond our walls.”
In determining the 50 Best Workplaces for Parents list, Great Place to Work based its rankings on a data-driven methodology applied to anonymous Trust Index™ survey responses from 443,258 employees at Great Place to Work-Certified organizations. The surveys considered more than 50 factors that contribute to employees’ success, with a strong emphasis on the well-being of those raising children while working.
For more information and to view the complete list of the 50 Best Workplace for Parents, visit http://fortune.com/2017/11/28/best-companies-working-parents.
About Great Place to Work®
Great Place to Work is the global authority on high-trust, high-performance workplace cultures. Through its certification programs, Great Place to Work recognizes outstanding workplace cultures and produces the annual Fortune 100 Best Companies to Work For® and Great Place to Work Best Workplaces lists for millennials, women, diversity, small and medium companies, industries, and, internationally, countries and regions. Through its culture consulting services, Great Place to Work helps clients create great workplaces that outpace peers on key business metrics like revenue growth, profitability, retention, and stock performance.
About Ultimate Software
Ultimate is a leading provider of cloud-based human capital management (HCM) solutions, with more than 35 million people records in the cloud. Ultimate’s award-winning UltiPro delivers HR, payroll, talent, and time and labor management solutions that connect people with the information they need to work more effectively. Founded in 1990, Ultimate is headquartered in Weston, Florida, and employs more than 4,000 professionals. In 2017, Fortune ranked Ultimate #7 on its prestigious 100 Best Companies to Work For list; #1 on its 10 Best Large Workplaces in Technology; and #2 on its 100 Best Workplaces for Women. Also in 2017, Ultimate ranked #7 on Forbes’ 100 Most Innovative Growth Companies and #2 on People’s 50 Companies That Care; the National Customer Service Association named Ultimate the top Service Organization of the Year in the Large-Business category; Gartner positioned Ultimate a “Leader” in its Magic Quadrant for Cloud HCM Suites for Midmarket and Large Enterprises; and Nucleus Research named Ultimate a “Leader” in its HCM Technology Value Matrix. Ultimate has more than 4,000 customers with employees in 160 countries, including Bloomin’ Brands, Culligan International, Feeding America, Major League Baseball, 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.