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ADP Wants to Meet Employers Where They Are With Its Private Exchange

ADP Wants to Meet Employers Where They Are With Its Private Exchange

Since launching a Private Exchange solution a year ago, ADP has continued to add clients and plot its future moves, explains Will Giaconia, ADP’s vice president of healthcare strategy. Employee Benefit Adviser spoke with Giaconia to find out how the marketplace continues to develop. EBA: It has been a little over a year since launching the ADP exchange. How is it going? Giaconia: It is going well. We have a different take on these than some of the … first movers and players in the space. What we were looking to do … was to bring that kind of a solution to our broader portfolio of benefits administration and related products and services, all within the human capital market environment that we play in. From that perspective, it has been really successful. [It is] really helping our clients who are potentially interested in these things now or in the future to know that they have an option with us. … That was what we were looking to accomplish more...

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Fast Company Features ADP Research on Strategic Workforce Planning

Fast Company Features ADP Research on Strategic Workforce Planning

In an article titled “New Research Points The Finger At Employers For The Widespread Talent Shortage,” Fast Company highlights the findings of the just released whitepaper – Strategic Drift: How HR Plans for Change. The piece quotes Dermot O’Brien and Ahu Yildirmaz and highlights that while organizations are responding to workforce challenges with short-term solutions this new report by the ADP Research Institute suggests that they are failing to get to the heart of the problem. “Many companies are experiencing a skills shortage, which we believe is caused by a number of factors, including the transition to a more transient workforce than in previous generations; a lack of training company employees to take on other tasks and transfer into new positions; and a failure to train younger staff to replace people when they retire.” Head over to Fast Company for the full story! Share this:Click to email (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share...

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A House Divided: The State of Strategic Workforce Planning

A House Divided: The State of Strategic Workforce Planning

While employers know that there is a tough road ahead for employee training and Strategic Workforce Planning, they can’t agree on what that path looks like, according to a recent study commissioned by the ADP Research Institute®andconducted by The Economist Intelligence Unit® (EIU). The study, Strategic Drift: How HR Plans for Change, sources responses from corporate leaders on the current state of the workforce and the main issues they face as they plan their overall HR strategy. What concerns employers most? Turnover. According to ADP’s Workforce Vitality Report jobs holders’ wages grew by 4.3 percent year over year for the third quarter of 2016. This is a sign that employers want to retain their workers and are increasing wages in order to do so. However, employers know that wage increases aren’t enough and they are still concerned about turnover. Seventy-three percent believe that higher turnover rates and shorter tenure will be the “new normal”. That is especially true as Millennials have become the largest segment of the workforce. Seventy-five...

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Two ADP Leaders Recognized for Advancing the LGBT+ Conversation

Two ADP Leaders Recognized for Advancing the LGBT+ Conversation

At ADP, building a culture where diversity and inclusion is celebrated and embraced is a top priority. We do this because it’s essential to how we serve our clients and engage with our associates — and because it’s the only way to do good business. We have processes and practices to help establish and grow this culture, but it wouldn’t be successful without senior leaders who help carry the torch and live these beliefs every day. Jan Siegmund, our chief financial officer, is one of those dedicated leaders who are focused on creating a business environment where LGBT+ people can comfortably bring their best professional selves to work. In recognition of his dedication, Jan was named to the 2016 OUTstanding Leading LGBT+ & Ally Executives List, presented by the FT. In addition, Jens Audenaert, vice president and general manager of ADP Ventures, was named to the 2016 OUTstanding Future Leaders List. OUTstanding is a professional membership organization for global businesses who work directly with LGBT+ and ally leaders to...

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ADP Marketplace is Now the Largest Human Capital Management App Ecosystem

ADP Marketplace is Now the Largest Human Capital Management App Ecosystem

ADP Marketplace, a cloud-based app store designed to help employers dynamically manage an ecosystem of enterprise applications from ADP and world-class partners, has grown by more than 200 percent in the past year. Read how ADP Marketplace is helping Landau Associates and Peak Risk Adjustment Solutions by securely connecting HR applications to their ADP data which helps them remove the hassle of inputting data manually and performing data imports. http://www.marketwired.com/press-release/adp-marketplace-now-the-largest-human-capital-management-app-ecosystem-nasdaq-adp-2168412.htm Share this:Click to email (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Google+ (Opens in new window)Share on Facebook (Opens in new...

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