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U.S. Labor Market Continues to Improve but with Less Buoyancy

U.S. Labor Market Continues to Improve but with Less Buoyancy

Ahu Yildirmaz, Ph.D. Vice President, ADP Research Institute

We have just released the latest ADP Workforce Vitality Report, and it indicates that the labor market maintained its trend of growth in wages in the second quarter of 2016. The U.S. labor market continued to improve in the second quarter of 2016, but is less buoyant than it was at the end of 2015. Gains in the second quarter were driven by growth in hours worked and employment. Tracking the same set of full-time workers gives us a truer picture of wage growth among those who are consistently employed. Full-time job switchers fared better than job holders. Their wage growth rate slowed slightly, whereas holders’ growth rate slowed by more than a percentage point from the previous quarter on a yearly basis. Wage growth on a year-ago basis was moderate largely because of an unfavorable year-ago comparison. The positive trend in wage growth over the past few quarters suggests that wages may finally reflect the tightening labor market. Employers are continuing to provide raises to their workers for...

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SHRM: A Tale of Two Cities Where Big Data Meets HR Meat and Potatoes

SHRM: A Tale of Two Cities Where Big Data Meets HR Meat and Potatoes

Don Weinstein, Senior Vice President, Product Management

Reflecting on my experiences at the most recent SHRM® Annual Conference and Exposition reminds me of the classic novel “A Tale of Two Cities.” On the one hand, today’s HR leaders are immersed in a technological revolution consisting of disruptive and innovative new solutions. On the other hand, those same leaders are managing through an unprecedented wave of compliance challenges. More than 15,000 attendees were encouraged to “Find Your BreaktHRough Moment” in Washington, D.C., by gaining insights from sessions on topics, such as analytics and benchmarking, talent management, benefit services, mobile solutions, time and labor management, multinational solutions, tax and compliance, and pay card solutions. Of those, more than 2,400 visited the ADP booth where we conducted more than 300 solution demos. It’s always fascinating to observe the rate and pace of change in the HR industry and its appetite for adopting new technology. But while clients are striving for innovation, the Affordable Care Act, the Fair Labor Standards Act, and other related compliance challenges were also top of...

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ADP Awards 2016 Henry Taub Scholars

ADP Awards 2016 Henry Taub Scholars

Rita Mitjans, Chief Diversity & Corporate Social Responsibility Officer

The ADP Foundation recently announced its list of 2016 Henry Taub Scholarship recipients. Henry Taub Scholarships recognize and reward incoming first-year college students who have demonstrated academic excellence as well as a commitment to improving their communities. This program was established five years ago to honor ADP’s founder, Henry Taub, and to support his belief in the invaluable benefits of higher education. This scholarship is open to children of ADP associates who are pursuing a college education. The 2016 Taub Scholars are: Evan Heller (Budd Lake, N.J.) Shannon Flynn (Oak Ridge, N.J.) Yin Xiao (Toronto, Canada) Alexander Lin (East Brunswick, N.J.) Akshaya Uthayakumar (Milton, Ga.). From the large pool of dedicated and hardworking students, finalists were selected by an independent third party organization based on a variety of criteria, including academic achievements, extracurricular activities, community involvement, leadership roles, as well as an essay. “ADP and the ADP Foundation fully support Henry Taub’s belief in the incredible opportunities that higher education offers,” said Rita Mitjans, Chief Diversity & Corporate Social...

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250 Applicants. One Job. Recruiting Just Got Easier.

250 Applicants. One Job. Recruiting Just Got Easier.

Every day recruiters spend hours sifting through hundreds of candidates to find the elusive “perfect fit” – that precious needle in the talent haystack. The job takes tons of time and draws on expertise ranging from compensation to compliance. Well, scouting for talent just got easier, faster, more secure and more accurate now that ADP and LinkedIn® have integrated their recruiting solutions. We see how the rules of talent acquisition have changed for HR leaders. Organizations need more sophisticated and integrated tools to successfully attract the best and brightest. As one of the first companies to become a Preferred Partner of LinkedIn Talent Solutions, ADP has established a comprehensive integration between LinkedIn Talent Solutions and ADP® Recruiting Management. We think this new capability will enable our clients to take advantage of LinkedIn’s current and future offerings, and provide them the flexibility and efficiency they need to be successful today. Specifically, ADP has integrated with LinkedIn’s new middleware platform, which enables the LinkedIn Referrals product and new features in LinkedIn’s...

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Multinational Corporations Can Give Employees Power Over How They View Their Pay Slips

Multinational Corporations Can Give Employees Power Over How They View Their Pay Slips

We’ve all experienced it: That moment when you stand there scratching your head trying to figure out your pay slip details. Fortunately, that moment is a thing of the past for employees of ADP® multinational clients, who now can see a personalized view of their paycheck through a newly designed and upgraded ADP GlobalView® HCM employee portal –called ADP myView portal. The myView portal now offers a myPay feature that gives payroll and HR administrators and employees more intuitive, engaging and interactive features they can use to configure, explore and understand payroll details. HR executives from our MNC clients tell us that one of the most frequent inquiries they get comes from employees asking about the components of their pay slips. They also point out that each user of enterprise HR portals and digital pay slips has different needs and preferences. By combining a visually compelling user interface with feature-rich, self-service functionality, we’re using innovation to empower users and ease critical workforce management activities for global businesses. In fact,...

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