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Ceridian HCM is an American provider of
human resources Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include m ...
software Software is a set of computer programs and associated documentation and data. This is in contrast to hardware, from which the system is built and which actually performs the work. At the lowest programming level, executable code consists o ...
and services with employees in the
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, Canada, Europe, Australia and
Mauritius Mauritius ( ; french: Maurice, link=no ; mfe, label=Mauritian Creole, Moris ), officially the Republic of Mauritius, is an island nation in the Indian Ocean about off the southeast coast of the African continent, east of Madagascar. It incl ...
. It is a publicly traded company on the
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.


History

Ceridian is a descendant of Control Data Corporation (CDC). In 1992, Ceridian was founded as an information services company from the restructuring of CDC, a computer services and manufacturing company founded in 1957. In 2007, Ceridian was acquired for US$5.3 billion by
Thomas H. Lee Partners Thomas H. Lee Partners, L.P. is an American private equity firm based in Boston investing in middle market growth companies across financial technology and services, healthcare and technology & business solutions. History Founded in 1974 b ...
and Fidelity National Financial (FNF). Ceridian common stock ceased trading on the
NYSE The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed co ...
before commencement of trading on November 9, 2007 and was delisted from the NYSE. In March 2012, Ceridian completed its acquisition of Dayforce, a single SaaS application for HR, payroll, tax, benefits, workforce management, talent management and several related activities. In October 2013, Ceridian announced the legal separation of its Human Capital Management and payments businesses. Ceridian completed the separation on October 1, 2013 through a series of transactions, which resulted in the payments business being operated as Comdata Inc. (“Comdata”), and the HCM business being operated as Ceridian HCM Holding Inc. (“Ceridian HCM”). David Ossip, Chief Executive Officer of Dayforce, became CEO of Ceridian HCM in February 2013. In April 2018, Ceridian went public in an initial offering that raised over $400 million. In September 2019, Ceridian acquired Australia-based enterprise workforce management solutions provider Riteq. In April 2020, Ceridian acquired an Asian HCM (Excelity Global Solutions). On 1 March 2021, Ceridian completed the acquisition of Ascender HCM.


Leadership

* David Ossip, Chairman and Chief Executive Officer (2013–present) * Leagh Turner, President and Chief Operating Officer (2018–present)


References


Further reading


HR Pioneers: A History of Human Resource Innovations at Control Data Corporation - Mark Jensen

The Integration of Employee Assistance, Work/Life, and Wellness Services

Achieving HR Excellence through Six Sigma - Daniel Bloom

Employee Assistance Programs: Wellness/Enhancement Programming (4th Ed.)


External links

* {{authority control, state=expanded 1982 establishments in Minnesota Fidelity National Financial American companies established in 1992 Consulting firms established in 1992 Software companies established in 1992 Companies based in Bloomington, Minnesota Software companies based in Minnesota International management consulting firms International information technology consulting firms Human resource management software ERP software companies Companies listed on the New York Stock Exchange 2007 mergers and acquisitions 2018 initial public offerings Software companies of the United States