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UKG is a multinational technology company that provides cloud-based services for workforce management and human resource management. It was formed in 2020 by the merger of Ultimate Software and Kronos Incorporated, and has acquired several other companies since then.
Kronos Incorporated was a software company that provided workforce management and human capital management solutions. It merged with Ultimate Software in 2020 to form Ultimate Kronos Group, and faced a ransomware attack in 2021.
Ultimate Software was a private technology company that developed and sold UltiPro, a cloud-based human capital management (HCM) software system. It merged with Kronos Incorporated in 2020 to form Ultimate Kronos Group.
Workday, Inc. is an American company that provides cloud-based financial management, human capital management, and student information system software. Founded in 2005 by former PeopleSoft executives, it went public in 2012 and has over 18,000 employees and 310 customers worldwide.
In 2020, Kronos completed a merger with Ultimate Software to create UKG, [17] and Ain became the chairman and chief executive officer of the combined company. UKG has more than 15,000 employees worldwide, and an enterprise value of $35 billion. On June 1, 2022, UKG announced Ain would transition to UKG Executive Chair, effective July 1, 2022.
From September 2012 to December 2012, if you bought shares in companies when Paul Read joined the board, and sold them when he left, you would have a 10.9 percent return on your investment, compared to a 1.5 percent return from the S&P 500.
Boeing is offering its staff a 25% pay rise over four years in a bid to avoid a strike that could potentially shut down its assembly lines as early as Friday.
Dayforce, formerly Ceridian, is a public company that offers a cloud-based platform for human capital management (HCM) services. It was founded in 1992 and operates in various regions, including the US, Canada, Europe, and Asia Pacific.