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Scott Scherr, founder and CEO of this cloud human capital management company, is regarded as a hero by employees, all of whom are made stockholders when they join the company. With the price of the stock escalating by more than 1,000% since the end of 2008, many of them have enjoyed the rewards of gains in stock value. Ultimate also has what is arguably the most generous 401(k) plan in the business world: the company matches its employees’ 401(k) contributions at a rate of 40% at every pay period, with no cap on that amount To top it off, the firm continues to pay 100% of the health insurance premium for all employees and their dependents. Read the Great Place to Work review here.

Company Info

Rank last year21
# of years on list
5
Industry
Information Technology
Year founded1,990
CEO/Top executive
Scott Scherr
HQ location
Weston, Florida
Type of organization
Public
Revenue (2015 or most recent year)
$505.9 million
Web addresshttp://www.ultimatesoftware.com
Total U.S. employees
2,547
Total employees outside the U.S.
57
Full-time jobs added in last year
499
FT job growth in the past year
25%
Number of work sites
23

Perks

Company pays for 100% of healthcare costs
yes
Offers health insurance to part-timers
yes
Offers telecommuting
yes
Offers job sharing
no
Offers onsite childcare
no
Offers compressed work weeks
yes
Offers fully-paid sabbaticals
no
Onsite fitness center
no
Discounted gym memberships
no
Onsite medical care facility
no
Location of medical facility
-
Offers college tuition reimbursement
yes
Max tuition
$5,250
Offers paid time off for volunteering
yes
Max PTO for volunteering
16

Diversity

% Women48
% Minorities40
% African-American/Black
12.5
% Asian
7.1
% Caucasian/White
57.8
% Hispanic/Latino
18.4
% Native American/Alaska Native
0.2
% Native Hawaiian/Pacific Islander
0.5
% Two or more races
1.3
Same-sex benefits
yes
Non-discrimination policy
yes

Paid Time Off (FT employees)

Holidays
7
Vacation
-
Sick days
-
General PTO
15
Total PTO after 5 years
20

Compensation

Most common job (for salaried employee)
-
Avg. base pay (salaried)-
Avg. extra compensation (salaried)-
Total pay (salaried position)-
Most common job (for hourly employee)
-
Avg. base pay (hourly)-
Avg. extra compensation (hourly)-
Total pay (hourly position)-

Hiring/Staffing

# of job openings (as of Feb. 2016)800
# of job applicants
25,385
Avg. # of applicants per opening
47
FT voluntary turnover
4%
# of jobs filled
656
Jobs filled internally
163
% of jobs filled by referral
36%
# new graduates hired75

Training

Avg. hours of training per year (for salaried employee)25
Avg. hours of training per year (for hourly employee)39