WESTON, Fla.--(BUSINESS WIRE)--June 25, 2007--Ultimate Software
(Nasdaq:ULTI), a leading provider of end-to-end strategic human
resources, payroll, and talent management solutions, announced today
that it has been named the third best medium-sized company to work for
in America. This is the company's third consecutive year on the list
and the second year to be ranked third. The Great Place to Work(R)
Institute (GPTW), the same research and management consultancy that
produces FORTUNE's "100 Best Companies to Work for" list for large
companies, ranked and selected the companies for the "Top 50 Best
Small & Medium Companies to Work for in America." The rankings were
announced today before an audience of more than 12,000 at the Society
for Human Resource Management's (SHRM) 59th Annual Conference &
Exposition in Las Vegas.
"It's an honor to be ranked so high on this prestigious list of
companies. We believe that culture, passion, and sense of ownership
are huge differentiators for us at Ultimate Software, and this ranking
validates our success with this approach," said Scott Scherr, founder,
president, and CEO of Ultimate Software. "The long-tenure and talent
of our people have clearly translated into strong business results for
us, as evidenced by our momentum and growth. We thank them all for
their contributions."
The annual list of "Top 50 Best Small & Medium Companies to Work
for in America", now in its fourth year, ranks the top companies in
America ranging in size from 50 to 999 employees that use smart people
management strategies to develop successful organizations with highly
productive and satisfied workforces. The companies were announced by
SHRM, and selected and ranked by the Great Place to Work(R) Institute
(GPTW). The results were based on a randomly distributed employee
opinion survey. Each company evaluated was given a score based on
employees' responses to a detailed questionnaire about the
organization's workplace cultures.
"Small and medium-sized companies make up the majority of the
American economy and workforce," said SHRM President and CEO Susan R.
Meisinger, SPHR. "These winning organizations demonstrate that making
effective use of their workforce is key to their success, and their
accomplishments deserve recognition."
Great Place to Work(R) Institute co-founder Robert Levering said,
"These companies stand out because their employees find them to be
places where they can trust the management, take pride in their work
and have fun. Other companies have much to learn about how to be
productive and do right by their people."
SHRM is the world's largest association devoted to human resource
management. Representing more than 210,000 individual members, the
Society's mission is to serve human resource management professionals
and to advance the profession. Founded in 1948, SHRM currently has
more than 550 affiliated chapters and members in more than 100
countries.
Great Place to Work(R) Institute, Inc., is an international
research and consulting firm dedicated to building great workplaces.
Great Place to Work Institute uses its employee survey and assessment
process to select the companies appearing on the annual "Best Small &
Medium Companies to Work For in America" list and FORTUNE's 100 Best
Companies to Work For(R) list. In addition to its global headquarters
in San Francisco, Great Place to Work Institute has 29 affiliates in
countries throughout North America, South America, Europe, and Asia.
www.greatplacetowork.com.
About Ultimate Software
A leading provider of end-to-end strategic human resources,
payroll, and talent management solutions, Ultimate Software markets
its award-winning UltiPro products as licensed software and as
on-demand services through Intersourcing. Based in Weston, FL,
Ultimate Software employs more than 700 professionals who are focused
on developing the highest quality products and services. Ultimate
Software's IT team won a first place award for its management of
Intersourcing from the American Business Awards in 2007, and its
customer service team won two first-place awards for service
excellence in 2006, one from the Service & Support Professionals
Association and another from the American Business Awards. Ultimate
Software was named a "Leader" in Forrester Research Inc.'s 2006 U.S.
Midmarket HR solutions Wave ranking and ranked #3 on the 2006 Top 25
Best Medium-Sized Companies to Work for in America list by the Great
Place to Work Institute. Ultimate Software customers represent diverse
industries and include such organizations as The Container Store,
Elizabeth Arden, The Florida Marlins Baseball Team, The New York
Yankees Baseball Team, Nintendo of America, Ruth's Chris Steak House,
and SkyWest Airlines. More information on Ultimate Software's products
and services can be found at
www.ultimatesoftware.com.
UltiPro and Intersourcing are registered trademarks of The
Ultimate Software Group, Inc. All other trademarks referenced are the
property of their respective owners.
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