Dayforce

Dayforce, Inc.

Company type	Public
Industry	Human resources software and services
Predecessor	Ceridian
Founded	1992
Headquarters	Bloomington, Minnesota , United States
Key people	David Ossip (Chairman and CEO)
Products	Human Capital Management platform (payroll, tax compliance, benefits administration, HR management, talent analytics, workforce optimization, recruitment technology)

Dayforce, Inc., previously known as Ceridian, is a United States-based company specializing in human resources software and services, with shares publicly listed on both the New York Stock Exchange and the Toronto Stock Exchange.

The name Dayforce also refers to its cloud-based Human Capital Management (HCM) platform, which delivers an all-encompassing range of solutions including payroll processing, tax compliance, benefits administration, HR management, talent analytics, workforce optimization, and recruitment technology.

History

Dayforce's origins trace back to Control Data Corporation (CDC), with its initial identity as Ceridian. Established in 1992 following CDC's corporate restructuring, Ceridian concentrated on information services after divesting its computer hardware division.

In 2001, Ceridian underwent a division resulting in two separate entities: Arbitron (previously Ceridian Corporation) and the continuation of the HR services alongside Comdata under the Ceridian brand.

The company was taken private in 2007 through a $5.3 billion acquisition by Thomas H. Lee Partners and Fidelity National Financial, which led to its removal from the NYSE.

Ceridian expanded its technological capabilities by acquiring Dayforce in 2012, a software-as-a-service platform that integrates HR, payroll, tax compliance, benefits management, workforce scheduling, and talent management. In 2013, the company legally separated its Human Capital Management operations from its payments business; the latter became Comdata Inc., while Ceridian HCM Holding Inc. focused on HCM services.

In April 2018, Ceridian returned to public markets through an initial public offering that raised over $400 million.

The company pursued international growth via several acquisitions: acquiring Australia’s Riteq in 2019, Asia’s Excelity Global Solutions in 2020, Ascender HCM from Australia in March 2021, US-based ADAM Human Capital Management in December 2021, and Denmark’s Eloomi learning and development platform on January 1, 2024.

On February 1, 2024, Ceridian rebranded itself as Dayforce and updated its ticker symbols on both the NYSE and TSX from "CDAY" to "DAY," highlighting its strategic emphasis on unified cloud-based Human Capital Management solutions.

Leadership

• David Ossip, Chairman and Chief Executive Officer (since 2013)