UKG Marketplace Statistics 2024 – Everything You Need to Know

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Are you looking to add UKG Marketplace to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important UKG Marketplace statistics of 2024.

My team and I scanned the entire web and collected all the most useful UKG Marketplace stats on this page. You don’t need to check any other resource on the web for any UKG Marketplace statistics. All are here only 🙂

How much of an impact will UKG Marketplace have on your day-to-day? or the day-to-day of your business? Should you invest in UKG Marketplace? We will answer all your UKG Marketplace related questions here.

Please read the page carefully and don’t miss any word. 🙂

Best UKG Marketplace Statistics

☰ Use “CTRL+F” to quickly find statistics. There are total 134 UKG Marketplace Statistics on this page 🙂

UKG Marketplace Benefits Statistics

  • Specifically, in states that ended benefits, shifts grew 2.2% from May through July; they grew 4.1% in the others that kept federal aid intact, according to UKG’s analysis. [0]
  • Yet, despite the tangible benefits to financial performance, productivity and engagement, a high majority of employees (86%). [0]

UKG Marketplace Market Statistics

  • Workday was No. 1 with an 8.4% market share riding on a 17.1% jump in HCM license, maintenance and subscription revenues. [1]
  • The global human resource management market size was valued at USD 17.56 billion in 2020 and is expected to grow at a compound annual growth rate of 12.2% from 2021 to 2028. [2]
  • Component Insights The software segment dominated the market in 2020 with a revenue share of over 68%. [2]
  • a Free Sample Copy Click on image to enlarge Software Insights The core HR segment dominated the market in 2020 with a revenue share of over 33%. [2]
  • The integration & deployment segment dominated the market in 2020 with a revenue share of over 38%. [2]
  • The on premise segment dominated the market in 2020 with a revenue share of over 60%. [2]
  • The large enterprise segment dominated the market in 2020 with a revenue share of over 59%. [2]
  • Regional Insights North America dominated the market in 2020 with a revenue share of over 34%. [2]
  • The global HRM market size was estimated at USD 17.56 billion in 2020 and is expected to reach USD 19.38 billion in 2021. [2]
  • The global HRM market is expected to grow at a compound annual growth rate of 12.2% from 2021 to 2028 to reach USD 43.29 billion by 2028. [2]
  • North America dominated the HRM market in 2020 with a revenue share of over 34%. [2]
  • In addition to the labor market being a “job seeker’s market,” the November Conference Board Salary Increase Budget Survey predicts a 3.9% increase in wage costs in 2024, the highest rate since 2008. [3]

UKG Marketplace Software Statistics

  • Thursday, February 3, 2024 – Associated Press Winter storms may also have slowed the economy and hiring last month, according to a report by UKG, which provides scheduling and other staffing software to companies. [0]
  • Meanwhile, the number of employee shifts worked between midApril and midMay increased by 0.1%, according to an analysis from the workplace software firm Ultimate Kronos Group. [0]
  • The Wall Street Journal Ultimate Kronos Group, a workplace software firm, said the number of shifts worked by employees across the U.S. fell last week, led by a 58.5% drop in Mississippi and nearly 50% declines in Texas and Louisiana. [0]
  • Thursday, February 18, 2021 – Yahoo News UKG, a company that provides time management software, estimates that among its mostly small business clients, the number of shifts worked nationally has risen just 0.2% in the past month. [0]
  • The Ultimate Kronos Group, a company that provides time tracking software to small businesses, said the number of shifts worked by its clients dropped 2.5% in the second to last week of January from a month earlier. [0]
  • 2021 – AP David Gilbertson, vice president at UKG, a company that makes employee time management software, said that among his firm’s clients with fewer than 100 employees in March, 13% have now closed — more than double the figure in a typical year. [0]
  • Thursday, December 3, 2020 – Bloomberg Data from timeclock software maker Ultimate Kronos Group show shift work declined 0.2% in mid November from a month earlier, the first drop since April. [0]
  • The number of workers’ weekly shifts, another measure of labor demand, increased 0.8% in October from September, according to UKG, a workforce management software company. [0]
  • Meanwhile, data from Ultimate Kronos Group, a software and services company that tracks time clock punches, showed monthly shift growth in the U.S. slowed from 3.3% in both August and September to just 0.8% in October. [0]
  • Component Insights The software segment dominated the market in 2020 with a revenue share of over 68%. [2]

UKG Marketplace Latest Statistics

  • Workforce activity through the middle of March declined 0.6%. [4]
  • However, endof month activity surged 4.4%, creating optimism for April. [4]
  • Fla. Four out of 10 people (43%). [0]
  • Fla. The UKG Workforce Activity Report for March 2024 shows the total number of shifts worked1 by people at U.S. businesses decreased 0.6% from February to March and is holding steady for the first time in 2024, upon the pandemic’s two. [0]
  • According to research findings from The Workforce Institute at UKG and Workplace Intelligence from 2021, “74% of employees report they are more effective at their job when they feel heard.”. [0]
  • According to UKG’s workforce activity report, shift work in February recorded its largest monthly gain since the spring of 2020. [0]
  • Fla. The UKG Workforce Activity Report for 2024 shows the total number of shifts worked1 by people at U.S. businesses increased 6.6%, the largest monthly increase in shift work since the spring of 2020. [0]
  • Last year, an estimated 8 million or more said they would take a pre planned day off on the Monday after the Super Bowl. [0]
  • Overall, a total of 16.1 million said they might punt on work that day – suggesting many would call in sick, according to a survey of more than 1,000 employed Americans, conducted by The Harris Poll for The Workforce Institute at UKG. [0]
  • UKG said the number of shifts worked among its 35,000 business customers fell 5.1% in January, much steeper than the 3% drop that occurred in January 2021. [0]
  • Fla. The UKG Workforce Activity Report for 2024 shows the total number of shifts worked1 by people at U.S. businesses decreased 5.1% in January, the largest decline in workforce activity since the pandemic began. [0]
  • In “The Heard and the Heard Nots,” a global study conducted by The Workforce Institute at UKG, researchers highlighted that 92% of “highly engaged employees” say they feel heard at work, whereas only 30% of “highly disengaged employees” feel heard. [0]
  • Fla. The UKG Workforce Activity Report for December 2021 shows the total number of shifts worked1 by people at U.S. businesses decreased 1.7% in December. [0]
  • Tuesday, January 4, 2024 – Reuters UKG saw shift work across a variety of industries fall 1.7% in December versus a 0.3% decline in the same period last year and a 0.8% drop in December 2019. [0]
  • – Bloomberg Ultimate Kronos Group’s workforce activity, an index of hours worked and shift data from 3.8 million employees at 35,000 U.S. businesses, rose 1.4% month over month in November after gaining 0.1% in October. [0]
  • Fla. The UKG Workforce Activity Report for November 2021 shows the total number of shifts worked by people at U.S. businesses increased 1.4% in the month. [0]
  • A recent survey from UKG, a workforcemanagement group, found that about 85% of retailers expect supply chain disruptions to affect customers. [0]
  • Wednesday, October 13, 2021 – Bloomberg Retailers are trying to maintain a cheery outlook despite looming pressures on the upcoming holiday season, including worker shortages and supply chain disruptions, according to a new report. [0]
  • according to new research from UKG , which revealed that 63% of retailers expect 2021 could be the worst hiring season in memory. [0]
  • Fla. The number of shifts1 worked by U.S. employees declined for the second consecutive month, decreasing by 0.1% in September, according to the UKG Workforce Activity Report. [0]
  • In fact, UKG found 26% of retailers anticipate understaffing during the holiday season on a daily basis. [0]
  • New research2 announced today by UKG and launched in partnership with IndustryWeek finds 92% of Gen Z talent employed within manufacturing are satisfied with their current careers. [0]
  • The national program recognizes companies building workplaces where women can thrive in technology, and UKG scored in the top 25th percentile of companies with 1,000–10,000 technical employees. [0]
  • Fla. Outdated K 12 technology is costing public schools more than just time, dollars, and lost grant monies — it is costing them their people, according to industry research conducted by UKG. [0]
  • The study finds nearly two in three K 12 districts across the United States1 (63%). [0]
  • The UKG data shows the Southeast saw a 3.7% decline in workforce activity from midJuly to mid August 2021, compared to a 0.5% increase in activity this same time in 2019. [0]
  • Among Southeastern states, Florida saw the biggest drop, with a 5.1% decline from midJuly to mid August 2021 compared to a 0.5% increase in 2019. [0]
  • Fla. The UKG Workforce Activity Report for August 2021 shows workplace activity as measured by highfrequency employee shift work data1 declined by 2.4% — a larger decline than experienced in August 2020 ( 0.3%) and August 2019 (0.0%). [0]
  • According to a global survey conducted by The Workforce Institute at UKG, 35 per cent of Gen Z workforce demand schedule flexibility to deliver their best work. [0]
  • Fla. The UKG Workforce Activity Report for July 2021 shows workplace activity as measured by high frequency employee shift work data1 increased 1.1%. [0]
  • Tuesday, August 3, 2021 – Reuters Payroll firm UKG said growth in employees across a wide set of industries grew 1.1% from midJune to mid July, coinciding with the period when the federal government employment survey is conducted. [0]
  • That was about half the 2% rate of growth seen between May and June, ahead of a blockbuster June national jobs report showing 850,000 additional positions added to payrolls. [0]
  • According to recent research from The Workforce Institute at UKG, more than a third (34%). [0]
  • Just 16% feel they can express their opinions to leaders in their organization and 42% fear there will be negative consequences for doing so. [0]
  • While the overall results were promising — 81% of respondents feel heard in their workplace — Chris Mullen, executive director of The Workforce Institute at UKG, shared some of the insights he and his team gained from the findings. [0]
  • Tuesday, July 6, 2021 – TechTarget Employers may not be doing enough to listen to employees, according to an 11 country study of 4,000 workers by the Workforce Institute at UKG and Workplace Intelligence. [0]
  • Released in June, the study found that 63% of employees “feel their voice has been ignored in some way by their manager or employer,” a situation that can foster turnover. [0]
  • According to UKG Workforce Activity Report Tuesday, June 29, 2021 – LOWELL, Mass., and WESTON,. [0]
  • Fla. Highfrequency shift work data from UKG increased 2.0% during June’s mid month week, which is the same week utilized by the U.S. Department of Labor’s Bureau of Labor Statistics to measure employment gains. [0]
  • A survey of more than 4,000 employees across 11 countries found that 86% of respondents said individuals at their organization are not heard equally or fairly by employers. [0]
  • The nonprofit’s list of Best Places to Work for LGBTQ Equality in 2021 recognizes 767 businesses that earned a rating of 100% on the organization’s benchmark Corporate Equality Index. [0]
  • Subscription revenue grew 12% year over year, which the company credited to new customer orders and increasing purchases by existing customers. [0]
  • An increasing skilledlabor shortage threatens to delay the manufacturing sector’s full recovery from the COVID 19 pandemic, according to a new study commissioned by The Workforce Institute at UKG. [0]
  • About 63% of manufacturers surveyed are “struggling” to fill critical labor gaps. [0]
  • According to a March 2021 survey from Gartner, Inc., 93% of human resources leaders are concerned about employee burnout as employees increasingly split their working time between the office and their home. [0]
  • UKG Builds on Merger Momentum with Second Quarter Revenue, EBITDA Growth; Bookings Increase by 32%. [0]
  • Fla. High frequency data from UKG shows shift volume decreased 0.3% during April’s critical mid month week utilized by the Department of Labor to calculate employment changes. [0]
  • Friday, April 2, 2021 – Reuters UKG, which provides time management for small and midsized companies, said employee shift work at U.S. manufacturers was up 3.4% in midMarch from mid February, outpacing a 2.6% increase across all industries. [0]
  • According to both companies, the move will form one of the world’s largest cloud companies, valued overall at $22 billion. [0]
  • Fla. According to the U.S. Workforce Activity Report from UKG , total shift work decreased 1.2% in March with declines concentrated in the second half of the month. [0]
  • This is in contrast with growth experienced during the first half of March, including a 2.6% increase in shift work volume during the mid month window used by the Department of Labor to calculate employment gains and losses. [0]
  • 2021 – Reuters Shift work at a broad set of industries jumped in the first week of March to nearly 90% of the pre pandemic level, according to time management firm UKG, the highest reading in its labor index since last spring’s jobs crash. [0]
  • Friday, March 5, 2021 – Reuters Shift work across a variety of industries also rose in February, according to data from time management firm UKG, and the pace appeared to increase in the second half of the month. [0]
  • It saw a 1.9% increase in activity in February after back to back months of losses. [0]
  • Fla. According to the U.S. Workforce Activity Report from UKG , total shift work increased 1.9% in February. [0]
  • Wednesday, February 24, 2021 – HR Director US Software group UKG has emerged as one of the best large employers in the US, according to Forbes’ annual list. [0]
  • Employees can receive a 45% match on every dollar they contribute to the UKG 401plan. [0]
  • In fact, 8.8 million workers plan to take a preapproved day off, according to the 2021 Super Bowl Absence Survey by The Workforce Institute at UKG and The Harris Poll. [0]
  • Fla. According to the U.S. Workforce Activity Report from UKG , total shift work1declined 3% in January. [0]
  • However, more than two thirds of U.S. employees (69%). [0]
  • UKG Earns 100% on Corporate Equality Index, Named Among Best Places to Work for LGBTQ Equality. [0]
  • Thursday, January 28, 2021 – Reuters Time management firm UKG here estimates that shift work across a range of industries remains about 18% below pre pandemic levels, and may struggle until the health crisis ebbs. [0]
  • The drop was biggest — 4.3% — in the Southeast. [0]
  • While COVID19 was undeniably disruptive to business, 3 in 5 retailers either reported an increase in yearover year holiday sales in stores (37%) or no significant change (22%). [0]
  • Fla. According to the U.S. Workforce Activity Report from UKG , shift work declined 3.2% in December. [0]
  • Friday, December 4, 2020 – CNBC Nonfarm payrolls increased by 245,000 in December while the unemployment rate was 6.7%, the Labor Department reported Friday. [0]
  • Economists surveyed by Dow Jones had been looking for 440,000 and the jobless rate to decrease to 6.7% from 6.9% in November. [0]
  • Fla. According to the November 2020 Workforce Activity Report from UKG , U.S. businesses with fewer than 500 employees experienced shrinking shift work volume over the last month. [0]
  • Indeed www.hiringlab.org continues to climb and is now just 13% below 2019 levels, and shift work across a sample of firms and industries rose 1.3% last week, according to data from time management firm UKG here. [0]
  • That marked the sixth month of increase, though that pace slowed from 3.3% growth in August and September. [0]
  • Thursday, November 5, 2020 – Reuters Employment at a broader set of industries, maintained by UKG here, has been sluggish, growing at less than 1% through October, virtually flat for the smallest businesses, and falling over the past week. [0]
  • Fla. According to the October 2020 Workforce Activity Report from UKG , monthly shift1growth slowed from 3.3% in both August and September to only 0.8% for the month of October. [0]
  • Mass. According to the UKG Workforce Activity Report for Sept. 21 27, seasonally adjusted weekly U.S. shift growth for September is now averaging 1% per week. [0]
  • Mass. According to the UKG Workforce Activity Report for Sept. 14 20, seasonally adjusted average weekly U.S. shift growth for September is now at 1.1% per week. [0]
  • This marks the first time average weekly shift growth has topped 1% since June. [0]
  • Overall, the total volume of shifts worked remains 6.6% below pre. [0]
  • 43% of the employees have said that their organization’s ability to balance workloads to prevent fatigue and burnout is their top priority. [0]
  • It also highlights generation agnostic concerns about job security Gen Z and younger Millennials (35%), older Millennials (37%), Gen Xers (36%), and Boomers (34%). [0]
  • However, Labor Day week 2020 experienced a smaller decline than Labor Day 2019, which saw a 13.3% reduction in shift volume. [0]
  • Mass. According to the U.S. Workforce Activity Report for Aug. 31. [0]
  • Non seasonally adjusted shift growth achieved 0.9%. [0]
  • However, when seasonally adjusted to account for the annual August surge in education sector activity, weekover week shift growth was just 0.5%. [0]
  • Mass. According to the U.S. Workforce Activity Report from Kronos Incorporated for Aug. 39, shift work volume struggled to grow half a percentage point, increasing only 0.5% weekover. [0]
  • Mass. According to the U.S. Workforce Activity Report from Kronos Incorporated for July 27Aug. 2, shift work volume remained essentially flat between the weeks ending July 26 and Aug. 2, growing just 0.5% weekover. [0]
  • Mass. According to the U.S. Workforce Activity Report from Kronos Incorporated for the week of July 13 19, the average weekly growth rate for shift work during the recovery continues to decelerate and currently sits at 0.7% per week for the month of July. [0]
  • Fla. Ultimate Software Earns 100% Score on 2020 Disability Equality Index. [0]
  • Mass. Following nearly three months of steady, consistent shift work growth, the U.S. economic recovery from COVID 19 experienced a significant setback last week, according to the U.S. Workforce Activity Report from Kronos Incorporated. [0]
  • Based on data from 3.2 million employees, the largest and most comprehensive near realtime sample of workplace activity, the total volume of shifts worked from July 6. [0]
  • Mass. In alignment with the national July 4 holiday observance, total volume of shifts worked decreased by 11.4% from June 29July 5, mirroring – and, in fact, falling short of – the decline in shifts that occurred the week of July 4, 2019 . [0]
  • Mass. From June 128, the total volume of shifts worked grew 5.9%, including 2.4% from June 22 28, continuing a slow but steady economic rally that began the week ending April 12, when U.S. shift work hit “the bottom.”. [0]
  • Mass. Overview Kronos Incorporated today announced that half (50%). [0]
  • Shift Work Rebounds 25% in Last 8 Weeks. [0]
  • Mass. Kronos Incorporated today announced that its update on weekly workforce activity for June 1 7, 2020 shows the volume of shifts being worked has increased 25% in the last 8 weeks. [0]
  • According to the report, which analyzes aggregated and anonymized weekly data from approximately 30,000 businesses with 3.2 million employees, total shifts worked declined – as expected – as workplaces observed the Memorial Day holiday. [0]
  • According to the report, which analyzes aggregated and anonymized weekly data from approximately 30,000 businesses with 3.2 million employees, total shifts worked increased modestly for the sixth consecutive week. [0]
  • Wednesday, February 5, 2020 – Money Employees can receive a 45% match on every dollar they contribute to their 401plan through Ultimate Software. [0]
  • Every month since June, employers have posted more than 10 million job openings, according to the Bureau of Labor Statistics. [5]
  • Job postings are running more than 50% above pre pandemic levels, said economist AnnElizabeth Konkel. [5]
  • “We have human resource job postings — they are up 119% compared to their pre. [5]
  • At this point, pretty much everyone knows that prices have been increasing — up around 6% year over year. [5]
  • HCM Apps Revenues, $MYoY Growth2020 HCM Market Share, %Recent Developments Workday Subscribe Subscribe Subscribe. [1]
  • Register now for UKG Works, November 14 17 at ARIA Las Vegas or 100% virtual. [6]
  • The SME segment is expected to register the highest CAGR of 14.0% over the forecast period. [2]
  • The IT & telecom segment accounted for the highest revenue share of over 20% in 2020. [2]
  • We found that while only 47% of respondents feel fulfilled with their lives, 88% said they have big dreams. [3]
  • Almost 90% of workers who are employed full time said they have already taken some action to make a change. [3]
  • In my company’s study, 50% of respondents ranked salary as the No. 1 factor for choosing a work opportunity, and more than 70% put it in their top two. [3]
  • According to the report, eight out of 10 employees said it is important for their values to align with their company’s. [3]
  • In “The Heard and the Heard Nots,” a global study conducted by The Workforce Institute at UKG, researchers highlighted that 92% of “highly engaged employees” say they feel heard at work, whereas only 30% of “highly disengaged employees” feel heard. [3]
  • According to a survey , 50% of college students who receive private scholarships or outside aid experience scholarship award displacement. [3]

I know you want to use UKG Marketplace Software, thus we made this list of best UKG Marketplace Software. We also wrote about how to learn UKG Marketplace Software and how to install UKG Marketplace Software. Recently we wrote how to uninstall UKG Marketplace Software for newbie users. Don’t forgot to check latest UKG Marketplace statistics of 2024.

Reference

  1. ukg – http://www.ukg.com/about-us/newsroom.
  2. appsruntheworld – https://www.appsruntheworld.com/top-10-hcm-software-vendors-and-market-forecast/.
  3. grandviewresearch – https://www.grandviewresearch.com/industry-analysis/human-resource-management-hrm-market.
  4. forbes – https://www.forbes.com/sites/forbesbusinesscouncil/2024/01/27/why-leaders-need-to-reevaluate-how-they-manage-their-workforce-today/.
  5. ukg – https://www.ukg.com/about-us/newsroom/workforce-activity-report.
  6. marketplace – https://www.marketplace.org/2021/12/06/despite-a-meh-jobs-report-high-frequency-data-paints-a-bright-picture/.
  7. kronos – https://www.kronos.com/.

How Useful is Ukg Marketplace

One of the key benefits of using the UkG Marketplace is the wide variety of options available to consumers. With sellers from all over the world showcasing their products on the platform, shoppers have access to a diverse array of items to choose from. Whether you’re looking for clothing, electronics, home goods, or even hard-to-find specialty items, the UkG Marketplace likely has what you need.

Not only does the UkG Marketplace offer a vast selection of products, but it also provides a level of convenience that traditional brick-and-mortar stores simply can’t match. Shoppers can browse through products, compare prices, and read reviews all from the comfort of their own homes. With just a few clicks, items can be purchased and shipped right to your doorstep, saving you time and eliminating the need to physically visit multiple stores to find what you’re looking for.

For sellers, the UkG Marketplace offers a global platform to reach a larger audience and expand their customer base. Small businesses and independent sellers can set up shop on the platform and showcase their products to a worldwide market, giving them the opportunity to grow their business and increase sales in ways that might not have been possible otherwise.

Another advantage of the UkG Marketplace is the competitive pricing and deals that are often available to shoppers. With a multitude of sellers vying for customers’ attention, prices can be more competitive on the platform, leading to cost savings for shoppers. Additionally, the platform often hosts sales events, discounts, and promotions, allowing consumers to snag great deals on their favorite items.

While the UkG Marketplace offers a host of benefits to both consumers and sellers, it’s important to exercise caution when using the platform. As with any online marketplace, there are risks associated with making purchases from unknown sellers. It’s essential to read product reviews, verify the credibility of sellers, and ensure that transactions are secure to protect yourself from scams or fraud.

Overall, the UkG Marketplace has proven to be a valuable and useful online platform for both shoppers and sellers alike. With its wide range of products, convenience, competitive pricing, and global reach, the platform continues to attract users looking for a seamless and efficient shopping experience. As e-commerce continues to evolve and grow, the UkG Marketplace is poised to remain a top contender in the world of online shopping.

In Conclusion

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We tried our best to provide all the UKG Marketplace statistics on this page. Please comment below and share your opinion if we missed any UKG Marketplace statistics.




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