September 18, 2014 11:51 AM ET

Professional Services

Company Overview of Ceridian Corporation

Company Overview

Ceridian Corporation, an information services company, provides outsourced processing and employee benefits services in the United States, Canada, and the United Kingdom. The company operates in three segments: Human Resource Solutions, Stored Value Solutions, and Comdata. The Human Resource Solutions segment provides a range of human resource (HR) outsourcing solutions with a primary focus on payroll processing to manage the workforce and the information related to HR processes. Its human resource management solutions include payroll processing, tax filing, and other HR services; benefits administration services; and work-life and employee assistance programs. The Stored Value Solutions seg...

3311 East Old Shakopee Road

Minneapolis, MN 55425

United States

Founded in 1957

8,776 Employees

Phone:

952-853-8100

Fax:

952-853-5300

Key Executives for Ceridian Corporation

Chairman
Age: 52
Chief Financial Officer
Age: 51
President of Comdata
Age: 50
Chief Technology Officer and Executive Vice President
Age: 55
Executive Vice President of Quality & Service Operations
Age: 48
Compensation as of Fiscal Year 2014.

Ceridian Corporation Key Developments

Ceridian Announces Earnings Results for the Second Quarter of 2014

Ceridian announced earnings results for the second quarter of 2014. For the quarter, the company had second quarter revenue of $213 million, a 4% decline from the second quarter of 2013. EBITDA was $36 million, a $2 million increase over the prior year for an EBITDA margin of 17% or 160 basis point improvements from the second quarter of 2013.

Ceridian Enhances Solutions for Small Businesses with Mobile Payroll App, Time & Attendance & Lifeworks Employee Assistance Program

Ceridian announced a suite of solutions geared to small sized businesses, including a new mobile payroll app. The mobile payroll app enables Ceridian Small Business customers to securely access Ceridian HR/Payroll from their iOS or Android smartphone or tablet. Some of the payroll processing tasks that can be accomplished with the Ceridian HR/Payroll for small businesses app as well as on the web, include: Search capabilities: employee search by last name or employee number; Time entry: load individual or multiple time entry submission forms; Payroll processing: preview and submit payroll for immediate processing and schedule the next payroll run; Reports: access payroll and standard reports, as well as payroll results; Compliance: ongoing updates to address compliance with the Affordable Care Act. To simplify workforce scheduling and employee time tracking, small businesses can also take advantage of Time & Attendance, powered by Dayforce Workforce Management. Time & Attendance is geared for small business organizations and is a cost effective approach to workforce management, allowing managers to track employee time easily and accurately send that data to payroll with one click, thereby avoiding duplicate data entry. Time & Attendance allows employers to remain compliant with federal, state and local company regulations while giving employers more control over how employees earn balances that represent their time away from work. This workforce management feature is available as a cloud-based, Software-as-a-Service solution, with mobile access on iOS and Android devices. In addition, with workplace wellness top of mind for many employers, Ceridian offers small business customers access to Ceridian LifeWorks for Small Business - a trusted, full-service Employee Assistance Program (EAP) for employees and their immediate families. A range of options is available with LifeWorks for Small Business, where employees can gain confidential access to counseling as well as online resources, tools and support for a variety of lifestyle, health and wellness issues and topics. For added convenience, LifeWorks is also available via mobile app.

Ceridian Partners with World First to Save Clients Time and Money

Ceridian has partnered with World First to deliver an International Funds Transfer (IFT) service to its worldwide customer base. The Ceridian IFT solution provides a fully compliant payment solution, removing the time and reducing the costs of managing international payroll disbursement and many third party payment disbursements.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 12, 2014
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