Market Overview

PEOPLE Magazine Ranks Ultimate Software #3 on its 50 Companies That Care List for 2018


Ultimate Software (NASDAQ:ULTI), a leading provider of human capital
management (HCM) solutions in the cloud, announced today that PEOPLE
magazine, in coordination with Great Place to Work, ranks Ultimate #3 on
its 50 Companies That Care list for 2018. The ranking recognizes
companies that go the extra mile to foster caring workplace cultures by
offering employees extraordinary benefits and perks, continuous
professional and personal development, and plentiful opportunities for
charitable giving and community service.

"We're honored to be one of PEOPLE's 50 Companies That Care
for the second year in a row," said Vivian Maza, chief people officer at
Ultimate. "Caring for others is vital to Ultimate's ‘People First'
culture, and we've made it part of our mission since day one. What
started as a plan to provide the industry's best HR software and service
has grown into so much more. We recognize the positive impact people can
have every day when they're fully committed to helping one another and
respecting all individuals as their equals. We're truly inspired and
proud of our employees, and the extraordinary lengths they go to make a
difference worldwide."

Employees are encouraged to bring their whole selves to work and to join
Ultimate's companywide Communities of Interest—including PRIDEUS for
LGBTQIA individuals; Women in Leadership for women at all job levels;
UltiVETS for veterans and active service members; and UltiHOPE for
cancer patients, survivors, and caregivers. Each group offers year-round
networking, educational, and social events that promote diversity,
inclusivity, equality, and support. Ultimate demonstrates care for its
employees' health and well-being with a variety of programs, including
onsite massages, meditation, acupuncture, cupping, exercise classes, and
access to a full-time wellness coach. The company fosters ongoing career
growth through a leadership development program, and a comprehensive
learning academy with in-person and online courses available to all

Ultimate also facilitates a caring and supportive workplace through a
variety of benefits for employees. These include 100% employer-paid
healthcare premiums (medical, dental, and vision) for all full-time
employees and their families, including same-sex married couples;
a 401(k) retirement plan with a 40% dollar-for-dollar company match,
up to federal limits; paid maternity, paternity, and adoption leave;
unlimited PTO; and three paid service days a year for volunteering at
nonprofit organizations of their choice. Employees are also essentially
part owners of Ultimate, receiving restricted stock units upon hiring,
with the opportunity to earn additional shares for outstanding

Rankings on PEOPLE's 50 Companies That Care list represent
feedback from more than 4.5 million employees surveyed across the United
States at Great Place to Work-certified organizations. Those surveyed
answered questions about how their workplaces make a difference in their
lives and communities, as well as the overall generosity of their
organizations' benefits and philanthropic support.

Ultimate ranks among companies such as Salesforce, Deloitte, Comcast
NBCUniversal, and Edward Jones in the top 10 of this year's list. For
more information on PEOPLE magazine's 50 Companies That Care,
The list will also be featured in the August 6 print edition of PEOPLE
magazine, available nationwide on July 27.


Meredith Corporation's PEOPLE revolutionized personality journalism when
it launched as a weekly in 1974, with a mission to celebrate
extraordinary people doing ordinary things and ordinary people doing
extraordinary thingsUbiquitous and still at the center of
pop culture more than 40 years later, the PEOPLE brand is accessible
across all media and platforms (print, digital, video, OTT, mobile,
social), bringing more than 100 million consumers a unique mix of
breaking entertainment news, exclusive photos, video, unparalleled
access to the red carpet, celebrities, and in-depth reporting on the
most compelling newsmakers of our time. An essential component of
PEOPLE's editorial vision remains human interest stories, which touch
and often mirror the lives of our passionate audience. ComScore ranks
the PEOPLE/Entertainment Weekly Digital Network No. 1 in the
entertainment news category. And now, the PeopleTV app offers a free,
advertiser-supported over-the-top (OTT) streaming video service. PEOPLE
is an award-winning, 24/7 news organization headquartered in New York
City, with reporters worldwide.

About Great Place to Work

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 Software as a Service (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 38 million people records in the Ultimate
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
4,300 professionals. In 2018, Ultimate ranked #3 on Fortune's 100
Best Companies to Work For
list, its seventh consecutive year in the
top 25, and #1 on Fortune's Best Workplaces in Technology list
for the third year in a row. In 2017, Forbes ranked Ultimate #7 on its
list of 100 Most Innovative Growth Companies; People magazine
ranked Ultimate #2 on its 50 Companies That Care list; and the
National Customer Service Association named Ultimate Service
Organization of the Year
in the Large Business category. Ultimate
has more than 4,100 customers with employees in 160 countries, including
Bloomin' Brands, Culligan International, Feeding America, Phoenix Suns,
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

UltiPro is a registered trademark of The Ultimate Software Group, Inc.
All other trademarks referenced are the property of their respective

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