UKG acquires Great Place to Work
UKG Inc., a leading global provider of human capital management (HCM) solutions, has acquired Great Place to Work Institute, Inc., the world’s most trusted authority on workplace culture with a mission to help organisations become great workplaces For All™. Great Place to Work Institute will continue to operate as a standalone company within the UKG organisation, led by Michael C. Bush as CEO.
“Today marks a pivotal moment for UKG, as we welcome Great Place to Work into our family. We are determined to raise the bar on how HCM technology can help organisations and their people thrive,” said Chris Todd, president at UKG. “We believe that the future of HCM software goes beyond offering exceptional HR, payroll, and workforce management solutions that improve workplace efficiency and promote compliance. The time has come for companies to expect more from their HCM providers, and we plan to lead the charge. As an HR technology provider whose motto is ‘Our purpose is people,’ we’re serious about continuing to find ways to help our customers create better, more personalised, and more consistent employee experiences for every person at their organisation, no matter who they are or what they do. This acquisition represents one of the ways we plan to have even greater positive impact on our customers and workplaces around the world, with world-class tools to assess, benchmark, and enhance culture.”
Founded in 1990, Great Place to Work® software and insights are used today by more than 10,000 companies worldwide to build a better place to work by understanding what really matters to their people. Each year, more than 11 million people across 50+ countries provide feedback to their employers through the Great Place to Work Trust Index™ survey, the world’s most credible methodology to measure the employee experience that cuts across regions, race, gender, sexual orientation, age, disability status, level, and role.
Organisations that meet the threshold to become Great Place to Work-Certified™ are then eligible for dozens of Best Workplaces™ lists around the world, including Fortune 100 Best Companies to Work For®, PEOPLE Companies that Care™, Fortune World’s Best Workplaces, and Fortune Best Workplaces for Diversity™. Great Place to Work will continue its long-standing media partnerships tied to its various Best Workplaces lists worldwide.
The Great Place to Work Certification and opportunities to be recognised as a great place to work — as well as attendance at its preeminent Great Place to Work For All Summit — will be available to all companies globally and will not be limited to UKG customers. International partners and affiliates of Great Place to Work will continue offering its solutions around the world.
UKG will offer Great Place to Work tools to existing and new HCM customers, with the goal of integrating data and benchmarking from the Great Place to Work ecosystem into its HCM solutions for easier access and actionable recommendations in the future.
“Joining the UKG family dramatically accelerates our vision to build a better world by helping every organisation become a great place to work For All,” said Michael C. Bush, CEO at Great Place to Work Institute. “To be a For All workplace, caring leaders must foster an environment where everyone has a purpose, can collaborate and contribute new ideas, and has access to the resources they need to thrive within the organisation. Our decades of gathering feedback from employees around the world has proven that these factors drive high-trust cultures that are better for business and better for people. By combining our employee-centric insights with UKG’s leading HCM solutions, our potential is limitless to help tens of thousands of companies around the world build more productive, more inclusive workplaces with higher levels of employee and customer loyalty.”
UKG customers will have access to Great Place to Work assessments, along with hundreds of benchmarks that will allow organisations to understand the strengths and opportunities for improvement within their own culture as compared with their peers of similar size, industry, and geography. Additionally, UKG plans to embed elements of Great Place to Work insights into UKG HCM solutions over the next several years to help customers improve organisational health, elevate the life-work journey, and give an even greater voice to the employee.
“Great Place to Work-Certified organisations outperform their peers in productivity, customer service, retention, and overall employee pride — we have decades’ worth of proof of that within our own walls,” said Aron Ain, chairman and CEO at UKG. “Great Place to Work has provided incredible value to our business, including helping us become a Best Workplace in every country where UKG has a significant presence. Today marks the day that we move from an organisation with our own culture primarily at the centre of our brand identity, to one focused on helping others build remarkable cultures and become recognised as superior workplaces themselves.”