How Ultimate Software became the best workplace in tech


After spending nearly 30 years creating a culture that has made Ultimate Software the best workplace in the tech industry, Scott Scherr and Vivian Maza went out on top.

Scherr, Ultimate Software’s founder and former CEO, and Maza, its Chief People Officer, retired in December 2019, less than a year after the company was acquired by private equity firm Hellman and Friedman for $11 billion. Last month, H&F announced that Ultimate would soon merge with Kronos, another human capital management (HCM) software company in its tech portfolio, to form a new HR tech giant with an estimated combined value of $22 billion.

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