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Don’t Fear! Tips to Survive Year-End Reporting

Don’t Fear! Tips to Survive Year-End Reporting

For many employers, the last three months of the calendar year can be quite overwhelming as you prepare for routine year-end workforce activities such as distributing Forms W-2, potential changes in employer taxes, and the ongoing effects of legislative and regulatory changes. Keeping pace with all of these tasks — while remaining compliant — can be daunting. To help with these efforts, ADP® is conducting two hour-long webcasts that will offer insights on the latest changes and trends pertaining to year-end reporting, including aspects of the Affordable Care Act (ACA), unemployment insurance tax, Forms W-2 reporting and payroll. Topics of discussion will include: Affordable Care Act (ACA) o New IRS® ACA E-File Systems and Error Notices o IRS ACA Penalty Assessments Unemployment Insurance (UI) Tax o Federal Unemployment Tax (FUTA) Changes – Possible FUTA credit reduction and Benefit Cost Rate Assessment – Affected states and potential outcomes o State Unemployment Tax Changes – Proposed expansions to quarterly wage reporting o Update on the projected solvency of state UI trust...

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Predictive Analytics Can Help Keep Your Most Valuable Employees from Quitting

Predictive Analytics Can Help Keep Your Most Valuable Employees from Quitting

In this tight labor market, talent retention is a top priority for businesses of all sizes. For any business to gain and maintain a competitive edge, one of the main objectives of HR leaders and business owners has to be not only recruiting the best talent but retaining it as well. So wouldn’t it be great if you had insight into which of your top talent is thinking of leaving so you could take preemptive action? With ADP’snew Turnover Probability solution, powered by the ADP® DataCloud, companies can more accurately identify the likelihood of future voluntary turnover. By helping to identify those employees most at risk of leaving, the model helps eliminate the guesswork from identifying likely hotspots of attrition within an organization, and mitigates the business risk of losing valued employees in key jobs, departments and locations. To gain a competitive edge, employers need to know where the highest levels of turnover occur within their organization, how their likelihood of turnover compares to other companies in their industry,...

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What It Means to Support Working Mothers

What It Means to Support Working Mothers

Rita Mitjans, Chief Diversity & Corporate Social Responsibility Officer

Jobs and careers are a big part of our lives, but are not the only things that matter. Life changes, like the birth or adoption of a child, brings joy and at the same time, tremendous complexity to our life. It’s even more challenging when you’re a single parent.Although my daughter is now in college, I struggled with balancing work and family initially.Having a boss that gave me the flexibility to go to doctors’ appointments and drop her off at school allowed me to be less stressed and more productive – something that benefitted me and my company.The reality is that while my job hadn’t changed when I returned from maternity leave, my life had. At ADP, we recognize this challenge — it’s another way we live our brand of “a more human resource,” and we also value what working mothers and their families can teach us. Our approach starts with listening to the working mothers in our associate base, having policies and benefits that address those needs, and...

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Beyond Big Data – Sometimes You Need to Sweat the Small Stuff

Beyond Big Data – Sometimes You Need to Sweat the Small Stuff

While the HR industry’s all abuzz about Big Data and figuring out how to wrangle it to glean insights to better inform workforce decisions, HR leaders shouldn’t overlook the value of the smaller data that’s right in front of them. Small data’s the separate, independent data sets that make up Big Data. It provides the why behind what the Big Data shows. It’s the individual jigsaw pieces that make up the larger puzzle. Think about the Word document containing an individual’s performance review or the Excel spreadsheet of competitive pricing analysis. Both of these work products contain invaluable data and takeaways that, when centrally aggregated and analyzed, can provide actionable business insights. To read more about the value of small data and how to use it derive insights and plan strategies to tackle specific business challenges, check out this article by ADP’s David Turetsky, Vice President and Chief Product Owner, ADP DataCloud in AllBusiness.com. Share this:Click to email (Opens in new window)Click to share on Twitter (Opens in new...

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Bloomberg’s Data for Good Exchange: Using Big Data for the Public Interest

Bloomberg’s Data for Good Exchange: Using Big Data for the Public Interest

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

In America’s dynamic, complex labor market, a clear understanding of economic data is critical to providing policymakers and business leaders with actionable insights. This theme was central to the discussion at Bloomberg’s Data for Good Exchange, an annual conference highlighting the application of data science for public good. With widely-read reports sourced from the payroll data of more than 24 million American workers, ADP was uniquely positioned to discuss how we use our data for good. We already know that big data is revolutionizing the corporate world. Here at ADP, big data allows us to provide better services to more customers, but in the public sphere and non-profit sectors, we’ve yet to fully realize the impact of big data. Sunday’s event featured a lively discussion among fellow researchers, academics, policymakers and NGOs about the role big data can play in better governance. One area in which ADP data can help to fill in these gaps is understanding the dynamics behind wage growth. It is often said that wage growth...

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