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Sumitomo Electric Wiring Systems Turns to ADP for Open Enrollment and ACA Compliance Help

Sumitomo Electric Wiring Systems Turns to ADP for Open Enrollment and ACA Compliance Help

The main mission of Sumitomo Electric Wiring Systems, or SEWS, is to deliver innovative electrical distribution systems to the automotive industry. As an organization that prides itself on developing new technologies and understanding efficient design principles, the company realized it needed to automate its benefits administration process, and do away with paper forms. With 1,700 employees in the United States, Corporate Compensation and Benefits Administrator, Rhonda S. Gearlds was manually entering benefits information for hundreds of employees. To save time and reduce data entry errors, SEWS turned to ADP for help. “Benefits is often one of the most confusing choices employees have to make, so I was often inundated with employee questions during open enrollment,” said Gearlds. “Now with ADP, employees can go online and can see what they’re enrolled in, which family members are covered, and which elections they need to make. Before, employees were always asking questions such as ‘Will my flexible spending account roll over?’ Now, the system alerts them that an election decision needs to...

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More Brokers Consider Partnering with PEOs

More Brokers Consider Partnering with PEOs

As trusted advisors on “all things HCM,” the best benefits brokers are having proactive conversations with their clients and prospects about business strategies to manage their needs around talent, compensation and benefits, and risk and compliance — and that includes professional employer organziations (PEOs). There’s been a big shift recently in brokers’ willingness to partner with PEOs, driven mainly by two factors: Companies are looking to their brokers to support the entire human capital experience, especially around talent, and it’s difficult for brokers to build this support model internally. The Affordable Care Act (ACA) has driven more small and midsized businesses to look at PEOs as a good option to help manage health care costs and compliance In an article titled, “Brokers and professional employer organizations: a perfect pairing,” Courtney Simpkiss, ADP Vice President of Broker Channel Strategy shares her insights on this growing trends. Head toBenefitsPro to read the full story. Share this:Click to email (Opens in new window)Click to share on Twitter (Opens in new window)Click to...

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ADP’s Ahu Yildirmaz Discusses the U.S. Labor Market With The Street

ADP’s Ahu Yildirmaz Discusses the U.S. Labor Market With The Street

Ahu Yildirmaz, vice president and head of the ADP Research Institute, spoke with Scott Gamm of The Street.com about the U.S. labor market as it nears full employment and the recent increases she is seeing in wages. A second segment also covered a deeper dive on employment in the energy sector and consumer spending. The Street.com was co-founded in 1996 by Jim Cramer. The website is a leading provider of financial news, commentary, analysis, ratings, and business and investment content, made available through online publications, content syndication and audio and video programming. For more information about the ADP Research Institute’s findings in the U.S. labor market visit: http://workforcereport.adp.com/ 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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Benefits Brokers, Rejoice! Now You Can Help Ease Clients’ Open Enrollment Stress with ADP Workforce Now Partner Access

Benefits Brokers, Rejoice! Now You Can Help Ease Clients’ Open Enrollment Stress with ADP Workforce Now Partner Access

When open enrollment season’s in full swing, HR leaders are often stretched thin, juggling their daily tasks with additional benefits administration work. Now, brokers can help clients tackle open enrollment challenges with ADP Workforce Now Partner Access. This new ADP® portal helps brokers streamline open enrollment and benefits administration by providing quick and secure access to clients’ HR, payroll and benefits information in ADP Workforce Now, an integrated HCM platform for midsized employers. With their clients’ permission, brokers can easily set up and deploy benefits plans, look up employees’ eligibility and enrollment information, gather data to derive business insights, and run reports across different clients to study industry trends. “Before Partner Access, we had to set up benefits plans individually for each client, creating duplicate manual work and increasing the chance of errors,” said John Spooner, senior vice president of sales at Brown & Brown. “Now, with a single sign-on, we can easily pull census data, verify enrollments, manage benefit plans and run reports across multiple client accounts. It’s...

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Revisions to EEO-1 Reporting: The Impact to Employers

Revisions to EEO-1 Reporting: The Impact to Employers

The Equal Employment Opportunity Commission (EEOC) has issued major revisions to EEO-1 reporting that require the addition of employee pay data, which must be broken out by race, gender, and ethnicity – with significant implications for employers. From an administrative perspective, the new EEO-1 report requires the addition of Form W-2 gross wages from the payroll system, as well as work hours for employees. From a strategic and compliance perspective, EEO-1 mandated pay data may raise the awareness and visibility of potential payequity issues for an employer. In light of the new rule, some employers may wish to review their current hiring, job evaluation, and pay practices to ensure that they are compliant and defensible. Watch the webcast below and get critical insights into the EEO-1 revisions, along with potential strategies employers can use to prepare for the new law. During this webcast, you will learn about: Detailed overview of EEO-1 reporting changes Answers to employers’ frequently asked questions Summary of impacts to HR processes and data flows Potential...

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