A formerly great company hollowed out by private equity/mergers - Anonymous employee UKG Employee Review

1.0
2 May 2022
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

-there are good benefits for families (summer camps, financial assistance, etc)

Cons

-salary well below market rate. dozens of people are quitting every month, and they seem to be getting 25-40% raises at their next position. even though the successive mergers were really hard on everyone, and we had great financial results, everyone across the company got the same insultingly small raise that doesn't keep up with the cost of living and definitely does not keep up with current levels of inflation -bureaucratic nightmare. nobody seems to know what they're doing and it takes literally years to make tiny improvements for the sake of productivity and efficiency -no oversight/recourse for ineffective and harmful managers -the career framework that was created to make career pathways more transparent doesn't actually make any sense and leaves out many functions, so those people have no career path at the company beyond the job they're already doing

Explore other reviews about UKG

1.0
25 June 2026
Recommend
CEO approval
Business outlook

Pros

There was once a great company named Ultimate Software, it was destroyed by a hostile takeover from H&F, a private equity firm, and a merger with Kronos to become UKG. There are very few Pros since that time.

Cons

When this company was Ultimate Software, prior to the takeover from H&F and the merger with Kronos, it was a world class company with top shelf people. The company Motto was "People First" and they truly lived by that motto, never a layoff, great working environment and stealer benefits. Since the takeover and subsequent merger with Kronos, to become UKG this company has taken a path of "Money First", which is understandable given the greedy nature of Private Equity Firms like H&F. They have systematically closed most of the offices across the US and have been expanding their footprint in Noida India, for obvious reasons. The leadership that has been put in place by H&F is clearly focused on IPO. And we all know what that means, clean up the books and make the company look as good on paper as possible. Can you say "Lipstick on a Pig". This was once a great company when it was run by Scott and Viv but now it has gone the way of the Private Equity management and is heading for a great fall.

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