|By Business Wire||
|January 24, 2014 02:35 PM EST||
Ultimate Software (Nasdaq:ULTI), a leading cloud provider of people management solutions, announced today that the company won a Brandon Hall Group Gold Award for excellence in the Best Advance in Unique Talent Technology category. Ultimate was named the gold award winner for the UltiPro Retention Predictor™ — an insight-driven tool that gives HR professionals and managers the ability to forecast an employee’s intent to remain with the organization.
Through its cloud services, Ultimate develops, supports, and delivers HR, payroll, and talent solutions to companies of all sizes across diverse industries. Ultimate helps thousands of customers around the world manage their workforces with strategic, cost-effective technology that covers the full range of human capital management (HCM).
The UltiPro Retention Predictor helps leaders forecast potential employee ‘flight risks’ so they can better collaborate with their teams, proactively intervene if needed, and build programs that foster long-term employee relationships. Updated monthly, this talent-based tool uses an algorithm powered by 50 key HR, payroll, and employment-related indicators and forecasts the probability that individuals will stay with an organization for the next 12 months.
“Business leaders across all industries recognize that retention of key talent is crucial to success, and finding ways to retain and engage critical employees is a recurring challenge,” said Adam Rogers, chief technology officer and senior vice president at Ultimate Software. “With the UltiPro Retention Predictor, companies can keep high performers, identify employees who may need development, and generally ensure their workforce is healthy. We are honored and excited that Brandon Hall Group has recognized our advances in providing customers with stronger capabilities for talent management.”
Entries for the Brandon Hall Group Excellence Awards, now entering its 20th year, were evaluated by a panel of veteran, independent senior industry experts, Brandon Hall Group senior analysts, as well as executive leadership. Awards were determined based upon the following criteria:
- Product: What was the product’s breakthrough innovation?
- Unique differentiators: What makes the product unique and how does it differ from any competing products?
- Value proposition: What problem does the product solve and/or what need does this product address?
- Measurable results: What are the benefits customers can expect to experience as a result of using this product?
In addition to Ultimate Software, other recipients in 2014 include American Express, Dell Inc., Procter & Gamble, Verizon Wireless, Harvard Business School Publishing, and Blackboard.
“It is our honor to recognize this year’s award winners, who exemplify the commitment to innovation and excellence that drives growth and over-the-top business results,” said Mike Cooke, chief executive officer of Brandon Hall Group. Rachel Cooke, chief operating officer of Brandon Hall Group who runs the awards program, stated: “With the innovation and unique differentiators demonstrated in this year’s entries, it is easy to see why these organizations are tremendously successful.”
The complete list of winners can be found at brandonhall.com/excellence-technology.php?year=2013
About Brandon Hall Group
With more than 10,000 clients globally and 20 years of delivering world class research and advisory services, Brandon Hall Group is the most well-known and established research organization in the performance improvement industry. We conduct research that drives performance, and provides strategic insights for executives and practitioners responsible for growth and business results. Brandon Hall Group has an extensive repository of thought leadership, research and expertise in Learning and Development, Talent Management, Leadership Development, Talent Acquisition and Human Resources. At the core of our offerings is a Membership Program that Empowers Excellence Through Content, Collaboration and Community. Our members have access to research that helps them make the right decisions about people, processes, and systems, combined with research-powered advisory services customized to their needs. For more info, visit www.brandonhall.com.
About Ultimate Software
Ultimate Software is a leading cloud provider of people management solutions, with more than 15 million people records in the cloud. Built on the belief that people are the most important ingredient of any business, Ultimate’s award-winning UltiPro delivers HR, payroll, and talent management solutions that seamlessly connect people with the information and resources they need to work more effectively. Founded in 1990, the company is headquartered in Weston, Florida, and has more than 1,900 professionals focused on developing the highest quality solutions and services. In 2014, Ultimate was ranked #20 on FORTUNE’s list of the 100 Best Companies to Work For; recognized as a ‘Leader’ in Nucleus Research’s HCM Technology Value Matrix; and awarded the highest rating by Constellation Research in its Cloud Buyer’s Bill of Rights Certification. Ultimate has more than 2,700 customers with employees in 150 countries, including Adobe Systems Incorporated, Bloomin’ Brands, Culligan International, Major League Baseball, Pep Boys, Texas Rangers Baseball, and Texas Roadhouse. 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
Follow Ultimate Software on LinkedIn: http://linkd.in/UltimateHCM