Miami Herald

Weston-based Ultimate Software tops Fortune’s ‘Best Workplaces in Tech’ list

- BY MARCIA HEROUX POUNDS Sun Sentinel

Weston-based Ultimate Software was named the No. 1 technology employer in the nation for 2019 by Fortune magazine — again.

This is the fourth year in a row that Ultimate Software topped the list of “Best Workplaces in Technology.”

The ranking was based on anonymous feedback from a total of 220,000 employees across the United States.

Vivian Maza, chief people officer at Ultimate Software, said the company strives to create “a positive, collaborat­ive workplace that fuels creativity and ingenuity.”

Ultimate Software, which specialize­s in software for the human resources industry, was founded in 1990 by Scott Scherr, who is still CEO and set out to create a “people first” culture.

The company has 5,200 employees worldwide, including more than 1,650 in Weston, according to a spokeswoma­n.

The remaining tech employers on this year’s top 10 list are: Workday, Salesforce, Cisco, RedHat, Hubspot, Zillow Group, SAP America, Adobe and Intuit, according to Fortune.

Ulimate Software’s many employee benefits include: fully paid healthcare premiums for employees and their families, including same-sex married couples; company stock upon hiring; 45 percent match on 401(k) retirement savings; paid maternity, paternity and adoption leave; and unlimited paid time off plus three paid volunteer service days.

For its third quarter ended Sept. 30, Ultimate reported earnings of $17.1 million on revenues of nearly $288 million. The company’s 2018 earnings are scheduled to be released Feb. 5

Ultimate’s stock closed at $268.45, up $5.19 or 1.96 percent on Friday in Nasdaq trading.

The “Best Workplaces” list is compiled by Fortune and research partner Great Place to Work, a San Francisco-based organizati­on that identifies and certifies top workplaces based on employee feedback.

Great Place to Work analyzed survey responses on daily work experience­s that included company values, innovation, career developmen­t, and effectiven­ess of managers and leaders.

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