Ceridian helping HR teams to adapt, evolve and win in a new world of work
The pandemic has delivered a fundamental shift in how workforces operate causing companies and HR professions to rethink their business processes from how they engage, upskill, recruit and retain talent particularly in today’s tight labour markets.
Ceridian is APAC’s largest payroll provider with over 1,500 brands using its technologies and it offers a bird’s eye view of how HR innovations in payroll and talent management are significantly influencing both the employer and employee experience.
Ceridian is a global human capital management (HCM) company with headquarters in Toronto, Ontario and Minneapolis, Minnesota. It has operations across North America, Europe and the Asia Pacific Japan (APJ) region.
Ceridian has offices in both Australia and New Zealand. It’s considered a global leader in human capital management technology. Their brand promise “Makes Work Life Better™” is a commitment they make to their employees, customers, and to the communities they operate in around the world.
Brief history
- 1992 - Ceridian first founded as an information services company emerging from a restructure of American computer services and manufacturing company, Control Data Corporation (CDC).
- 2007 – Ceridian is acquired by Thomas H. Lee Partners and Fidelity National Financial (FNF) for US$5.3 billion.
- 2012 – Ceridian acquires Dayforce – a single point-of-entry SaaS application for HR, payroll, tax, benefits, workforce and talent management.
- October 2013 - Ceridian announces the legal separation of its Human Capital Management and payments businesses – resulting in the payments business being allocated to Comdata Inc and the HCM business being shifted to Ceridian HCM Holding Inc.
- February 2013 - David Ossip, the CEO of Dayforce, is appointed CEO of Ceridian HCM.
- April 2018 – Ceridian goes public with initial public offering raising over US$400 million.
- September 2019 – Ceridian acquires the Australia-based enterprise workforce management solutions provider, Riteq.
- April 2020 – Ceridian acquires an Asian HCM (Excelity Global Solutions).
- March 2021 – Ceridian acquires Ascender HCM.
And, in February 2022, Ceridian announced the appointment a new co-CEO Leagh Turner who works in close partnership with co-CEO, David Ossip. (Turner served as President and COO beginning 2018 working closely with Ossip since that time).
This dynamic management team continues to drive the company’s long-term growth – primarily by focusing on keeping Ceridian in the forefront of innovation in workforce transformation.
Read more: Ceridian announces new co-CEO
Ceridian’s flagship cloud HCM System - Dayforce
Ceridian is known for its flagship cloud HCM system known as Dayforce and they currently have more than 5,600 customers live on this agile SaaS platform which delivers global compliance, workforce intelligence, and people empowerment in today’s increasingly borderless, fluid, skills-based, and augmented world of work. Ceridian’s on-demand pay solution Dayforce Wallet gives workers access to their earned wages on-demand. It comes with an intuitive mobile app and a prepaid card – providing employees greater control over their financial wellbeing via access to their earned pay – when they need it with no direct fees charged to the employee or employer.
Dayforce Wallet has over 1,100 customers signed on and 530 customers live on the product in North America.
Read more: HCM tech company Ceridian launches Dayforce Payroll
In January this year, Ceridian was pleased to announce that Virtus Health, Australia’s largest assisted reproductive services provider, chose Ceridian and the Dayforce platform to help them manage Virtus Health’s rapid growth and to elevate its HR and people management capabilities. Virtus Health, by choosing Dayforce (and its single point-of-entry platform) can seamlessly integrate HR, payroll, workforce and talent management and enjoy the benefits of a complete cloud HCM experience.
Virtus explained that its decision to engage Ceridian was based upon its desire to have a digitally-enabled environment from a single point of entry. Lee Bakerman, Chief People Officer at Virtus Health said: “We were impressed with Ceridian’s focus on delivering data-based insights that will streamline operations and empower our leaders to make informed decisions across the organisation.”
Read more: Ceridian Review
Driving Environmental, Social, and Governance (ESG)
In the first quarter of this year, Ceridian published its 2022 Environmental, Social, and Governance (ESG) report which described a new strategy and series of goals to drive performance in areas critical to both its stakeholders and its success as a business. Ceridian’s ESG approach is based upon five pillars: governance and trust; our people; tech for good; our communities; and the environment.
Ceridian is also bringing Dayforce to eight new markets this year including Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan and Thailand.