Ceridian HCM Holding Inc., together with its subsidiaries, operates as a human capital management (HCM) software company in the United States, Canada, and internationally. It offers Dayforce, a cloud HCM platform that provides human resources (HR), payroll, benefits, workforce management, and talent management functionality; and Powerpay, a cloud HR and payroll solution for the small business market. The company also provides Bureau solutions for payroll and payroll-related services. It sells its solutions through direct sales force and third-party channels. The company was incorporated in 2013 and is headquartered in Minneapolis, Minnesota.
Ceridian is a descendant of Control Data Corporation . 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 and Fidelity National Financial . Ceridian common stock ceased trading on the NYSE 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, software,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. , and the HCM business being operated as Ceridian HCM Holding Inc. .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 .
On 1 March 2021, Ceridian completed the acquisition of Ascender HCM.
Our focus is delivering employee engagement, satisfaction and productivity to our customers.
Ceridian’s brand promise is “Makes Work Life Better.”
https://en.wikipedia.org/wiki/Ceridian
https://in.investing.com/equities/ceridian-hcm-holding-inc
https://finance.yahoo.com/quote/CDAY/profile?p=CDAY
https://www.comparably.com/companies/ceridian/mission
https://www.crunchbase.com/organization/ceridian
https://sec.report/CIK/0001725057
