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Growing the Global Franchise Industry

Growing the Global Franchise Industry

Did you know that ADP® serves thousands of franchise clients worldwide? As part of our commitment to the industry, our franchise channel is the founding sponsor of the International Franchise Association’s Franchise Action Network (FAN) and the well-known Franchisee of the Year award. ADP had a strong showing during the recent FAN annual meeting in Washington, D.C. Ahu Yildirmaz, vice president and co-head of the ADP Research Institute®, presented the keynote to the nearly 1,000 people in attendance. Through a unique analysis of the ADP National Franchise Report®, Ahu shared insights about employment trends among franchises. A few highlights include: Employment growth among franchises is outpacing employment growth among small businesses overall. Franchises have grown at 2.6%, whereas small business and the overall national employment has grown at 1.4% and 2.0%, respectively. Since the recession of 2008, franchises in the West and South have outperformed those located in the Northeast and Midwest. Recent trends suggest growth in all regions is beginning to converge. Regarding workforce composition, more females work...

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Celebrating Women in STEM

Celebrating Women in STEM

by Heather Bussing We are celebrating Women in STEM with the stories of some of the extraordinary women who work at ADP. As the headlines come out of Silicon Valley highlighting the adversity faced by many women working in tech, something different is happening at ADP. For the past six years, ADP has made DiversityInc’s Top 50 Companies for Diversity. ADP is also one of the Working Mother 100 Best Companies for Multicultural Women, and one of the Anita Borg Institute’s Top Companies for Women Technologists. Here are some of the numbers based on ADP’s US workforce in 2016: 85% of employees use some form of flexible work arrangement 58% of employees are women 56% of new hires are women 52% of promotions go to women 47% of managers and executives are women 21% of employees are multicultural women 18% of promotions went to multicultural women 7% of senior managers are multicultural women Over several weeks in August and early September, I had the privilege of talking to some...

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ADP Takes Home ‘Top HR Products’ Award For Record-Breaking Third Straight Year with Compass

ADP Takes Home ‘Top HR Products’ Award For Record-Breaking Third Straight Year with Compass

It’s no secret that great leadership is key to business success. But oftentimes, leadership development tools only provide employees with feedback which is not enough to drive change: They need action plans. With this in mind, ADP® created CompassSM, a next-generation 360 growth tool designed to boost employees’ leadership and collaboration behaviors. Compass was designed for leaders and teams to quickly identify unproductive and derailing behaviors and treat them via feedback and personalized, automated coaching. This talent activation solution is extremely easy to implement and use with no disruption to business. It requires no software to install, no integration, no training, no sign up, and no sign in. It puts tools into the employees’ hands and is built for how humans want to use technology. As a result, the solution has demonstrated quantifiable improvement in leadership behaviors that were identified and coached by Compass in a three month period. Further, the assessment requires only minutes of time investment from each leader or collaborator. The solution recently earned the attention...

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The Next Stone in the Path: My Decades-Long Journey as a Woman in Technology

The Next Stone in the Path: My Decades-Long Journey as a Woman in Technology

By Isabel Espina, VP of Enterprise Architecture, ADP and 2016 recipient of Anita Borg Institute “Woman of Vision” award “What’s it like being a woman in tech?” is a question I’m often asked. Throughout my career, the lack of women in STEM-oriented roles has always been very apparent. According to the Bureau of Labor Statistics, women still account for only 25 percent of full-time workers in computer and mathematical occupations and 14 percent in architecture and engineering.1 When I started my career 30 years ago, this disparity was even more pronounced. I was working in operations for a bank after graduating with my degree in electrical engineering and computer science. Now, as I look back on my career and am celebrating my 20-year anniversary with ADP, I’m happy to say that there has been significant progress. Throughout the past two decades, ADP and I have evolved alongside each other as innovators. Since I was young, I gravitated towards science and math. I loved that these fields provided a problem...

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Updated Wage Garnishment Study from the ADP Research Institute® Examines New Facets of This Workforce Issue

Updated Wage Garnishment Study from the ADP Research Institute® Examines New Facets of This Workforce Issue

By Julie Farraj, division vice president and general manager, Wage Garnishments and Unemployment/Employment Verification Services for ADP Added Value Services A new 2017 study by the ADP Research Institute® (ADPRI) continues to flesh out the facets of wage garnishment and its impact on employers and their workers.   Based on the anonymous 2016 pay data of about 12 million U.S. workers, this new study reveals that one in 14 of those workers are carrying a wage garnishment and an estimated 12 percent of those with a garnishment have more than one type of wage garnishment. This research also introduced a new metric – the number of wage garnishments per employee, which according to the study averages 1.4 per employee.   The study showed that in 2016, approximately 7 percent of the U.S. workforce had their wages garnished. Of the four types of wage garnishment studied, the highest rate was for child support, followed by “other” general garnishments, such as student debt and consumer loans, tax levy, and bankruptcy.  ...

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