Ultimate Software

Principal Labor Economist

Ultimate Software$145K — $209K *
US-AnywhereRemote in United States
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Master's or PhD in Economics, Econometrics, or related discipline
  • 7-10+ years of experience in economic analysis including financial services
  • Deep expertise in labor economics and macroeconomic intersection
  • Strong experience in developing advanced econometric models
  • Expertise in working with large, complex datasets and modern statistical techniques

Responsibilities

  • Establish thought leadership in labor economics through publications and engagements
  • Define strategic direction for workforce analytics aligned with business goals
  • Lead high-impact, cross-functional initiatives with strategic visibility
  • Develop advanced economic models and forecasting frameworks
  • Integrate internal workforce data with macroeconomic indicators
  • Translate economic shifts into new analytical approaches
  • Partner with teams to embed economic insights into client solutions

Benefits

  • Access to a performance-based bonus plan
  • Opportunity for restricted stock unit awards
  • Comprehensive benefits package covering health, retirement, and more
Full Job Description
About the Team:
You will join a highly strategic and forward-looking analytics and insights function focused on shaping the future of workforce intelligence. The team partners closely with product, strategy, data science, and executive leadership to transform one of the industry's most comprehensive workforce datasets-spanning over 20 million frontline workers-into actionable insights.

This group sits at the intersection of labor economics, financial systems, and workforce strategy, driving innovation in how organizations understand labor supply, wage dynamics, productivity, and macroeconomic trends. The team plays a critical role in influencing enterprise strategy and building differentiated, client-facing workforce intelligence solutions.

About the Role:
As a Principal Economist, you will serve as a senior thought leader and trusted advisor, guiding the evolution of workforce and labor market analytics. You will connect labor economics, macroeconomic trends, and financial systems to shape both internal strategy and external market positioning.

This role requires a highly autonomous leader who thrives in ambiguity and operates at the intersection of data, strategy, and influence. You will architect advanced analytical frameworks, develop forecasting models, and translate complex economic insights into actionable strategies that impact executive decision-making and product innovation.

What You'll Do:
  • Establish and expand thought leadership in labor economics through publications, speaking engagements, and industry engagement
  • Define and advance the strategic direction of workforce and labor market analytics aligned to long-term business objectives
  • Lead complex, high-impact, cross-functional initiatives with significant visibility and strategic importance
  • Develop advanced economic models, forecasting frameworks, and scenario analyses to guide strategic planning
  • Integrate large-scale internal workforce data with external macroeconomic and financial indicators to produce differentiated insights
  • Anticipate economic, regulatory, and market shifts, translating them into new analytical approaches and product opportunities
  • Partner with product, strategy, and data science teams to embed economic insights into client-facing solutions
  • Serve as a trusted advisor to senior leadership, influencing decisions through data-driven recommendations
  • Communicate complex economic concepts clearly to executive, technical, and external audiences
  • Mentor and elevate team capability in advanced economic analysis, modeling, and methodology

About You:
  • You are a recognized expert in labor economics with a strong understanding of financial systems and macroeconomic dynamics.
  • You bring both intellectual rigor and strategic influence, with a proven ability to translate complex economic insights into business impact.

Basic Qualifications:
  • Master's or PhD in Economics, Econometrics, or related discipline
  • 7-10+ years of experience in economic analysis, including exposure to financial services (banking, asset management, fintech, or consulting)
  • Deep expertise in labor economics and its intersection with macroeconomic and financial trends
  • Strong experience developing advanced econometric models, forecasting frameworks, and analytical methodologies
  • Expertise working with large, complex datasets and modern statistical/AI-driven techniques

Preferred Qualifications:
  • Demonstrated ability to influence senior stakeholders and drive outcomes across complex, cross-functional initiatives
  • Proven external presence (publications, speaking engagements, industry involvement)
  • Exceptional communication skills, with the ability to simplify and translate complex concepts for diverse audiences
  • Experience embedding analytics into products or client-facing solutions

The pay range for this position is $145,600 to $209,300. The actual base pay offered may vary depending on skills, experience, job-related knowledge and work location. In addition to base pay, employees may be eligible to participate in a performance-based bonus plan and to receive restricted stock unit awards as part of total compensation. Learn more about UKG's benefits and rewards at https://www.ukg.com/about-us/careers/benefits

About Ultimate Software

Ultimate Software is a leading provider of cloud-based human capital management (HCM) solutions. The company's UltiPro platform offers a comprehensive suite of HR, payroll, and talent management tools designed to help organizations manage their workforce more effectively. Ultimate Software was founded in 1990 and is headquartered in Weston, Florida. The company has received numerous awards for its workplace culture and has been recognized as one of the best places to work in the United States. In 2019, Ultimate Software was acquired by private equity firm Hellman & Friedman in a deal valued at $11 billion.
Learn more about Ultimate Software
Size
5,600 employees
Industry
Founded
1990

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