Ultimate Software (Nasdaq: ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today that it has been ranked #14 on the inaugural list of 50 Best Workplaces for Giving Back, created by Fortune and Great Place to Work. The winners come from a universe of nearly 600 companies evaluated by Great Place to Work, who surveyed 240,000 employees nationwide and analyzed data on the relative generosity of each company's community-oriented programs.

"We are honored to be ranked on the 50 Best Workplaces for Giving Back list, since one of our core principles is making a difference in our community," said Vivian Maza, chief people officer of Ultimate. "Social responsibility and helping those in need is central to our 'People First' culture that strives to build lifelong relationships, value integrity, and maintain an environment of inclusiveness. Giving back has always been integral to who we are since we were founded over 25 years ago, and it remains a big source of pride for our employees today. Our employees' pride in the work they do and generosity of spirit also contributes to building trust and partnerships with our customers."

Ultimate encourages its employees to make a difference in their communities by providing full-time employees with two paid days per year for community service and volunteer work with charities of their choosing. The company also matches dollar for dollar the total amount of donations made by its employees to a number of charitable global causes throughout the year, including aid to victims of natural disasters.

Ultimate also congratulates its customers who were named to Fortune's list of 50 Best Workplaces for Giving Back, including NuStar Energy, PPR Talent Management Group, Veterans United Home Loans, David Weekley Homes, Baker Donelson, Quicken Loans, American Fidelity, Arthrex, Hyland Software, and Clif Bar & Company.

Ranking on the 50 Best Workplaces for Giving Back list is determined by a Great Place to Work survey and program information from nearly 600 Great Place to Work-certified organizations. Employees evaluate their companies on the extent to which they are able to make a difference in their communities, as well as the degree to which they have the support of their organizations to give back. Employees rated the difference they make at work, the meaningfulness of their jobs, and the impact they feel their organization makes in the community.

Scores also take into account the total financial value of charitable donations made as a percentage of the company's revenue; the average amount donated by the company per employee through matching programs; how many paid volunteer hours the company provides its staff; and whether the company offers flexible hours and compressed scheduling benefits that would allow employees to fit regular volunteer activities into their work lives.

For more information on Fortune's 2016 list of 50 Best Workplaces for Giving Back, visit http://fortune.com/best-workplaces-giving-back.

For more information on Ultimate's programs for giving back to the community and the world, visit http://www.ultimatesoftware.com/ULTIFamily-2015/giving-back/.

About Great Place to Work

Great Place to Work ® is the global authority on high-trust, high-performance workplace cultures. Through proprietary assessment tools, advisory services, and certification programs, including Best Workplaces lists and workplace reviews, Great Place to Work ® provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures. In the United States, Great Place to Work ® produces the annual Fortune "100 Best Companies to Work For ®" list and a series of Great Place to Work ® Best Workplaces lists, including lists for Millennials, Women, Diversity, Small and Medium Companies, and over a half dozen different industry lists.

Follow Great Place to Work ® online at  www.greatplacetowork.com and on Twitter at  @GPTW_US.

About Ultimate Software

Ultimate is a leading provider of cloud-based human capital management (HCM) solutions, with more than 25 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, the company is headquartered in Weston, Florida, and employs more than 3,000 professionals. In 2016, Fortune ranked Ultimate #1 on its list of 10 Best Large Workplaces in Technology and #15 on Fortune's 100 Best Companies to Work For list, the fifth consecutive year to be ranked in the top 25. In 2015, Ultimate was recognized by Fortune as one of the 100 Fastest-Growing Companies; ranked #7 on Forbes magazine's list of the 100 Most Innovative Growth Companies; named among InformationWeek's Elite 100, honoring innovation in business technology; and recognized as a "Leader" in Nucleus Research's HCM Technology Value Matrix. Ultimate has approximately 3,200 customers with employees in 160 countries, including Bloomin' Brands, Culligan International, Feeding America, Major League Baseball, Pep Boys, 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.

Follow Ultimate Software on Twitter: www.twitter.com/UltimateHCM and on LinkedIn: http://linkd.in/UltimateHCM

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