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USA Today – Workers to recruiters: Make me an offer

USA Today – Workers to recruiters: Make me an offer

USA Today published an article highlighting how employers are unaware that more than half of their workforce is open to leaving for another job. The article references key findings of the ADP® Workforce Vitality Report and two new talent whitepapers the ADP Research Institute recently published– “Evolution of Work 2.0: The Me vs. We Mindset” and “Fixing the Talent Management Disconnect: Employer Perception vs. Employee Reality in the U.S. Midsized Market.” “As the labor market tightens, employees have more power,” said Ahu Yildirmaz, co-head of ADP’s research institute. The 4.4% unemployment rate has resulted in a smaller pool of idle workers, forcing firms to bid up to lure employees from other companies. One reason businesses should be nervous: 63% of workers are open to making a switch, according to a separate national survey of 2,156 employees that ADP conducted. Seventeen percent are looking while 46% are receptive to an overture from a recruiter. Employers are a bit too complacent. Those surveyed say 49% of their employees are in the...

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“Me” vs. “We”: Employers are Unaware that More Than Half of Their Employees Are Open to Leaving

“Me” vs. “We”: Employers are Unaware that More Than Half of Their Employees Are Open to Leaving

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

The labor market is tightening, wages are on the rise, and while employers may have had the upper-hand in the past, a distinct shift is underway. Employees are now calling the shots. What does this mean for employers and how they attract, retain and engage talent? The ADP Research Institute® (ADPRI) commissioned a new survey to find out. From the results, ADP® developed two papers, “Evolution of Work 2.0; The Me vs. We Mindset,” and “Fixing the Talent Management Disconnect: Employer Perception vs. Employee Reality in the U.S. Midsized Market,” which found employees tend to concentrate on their work environment, look for meaning in their job, and want immediate advancement opportunities (the “me” mindset). Whereas, employers tend to focus on bigger picture areas like financial performance, reputation, and long-term career pathing (the “we” mindset). A strengthening economy opens doors According to the ADP® Workforce Vitality Report, job switching is at an all-time high with about 27 percent of U.S. workers changing jobs on an annual basis. The ADP National...

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Modest Regional Employment Gains in the Month of April

Modest Regional Employment Gains in the Month of April

According to the ADP Regional Employment Report, in April we saw modest employment growth across all regions. Despite positive growth in the goods-producing sector last month, we saw a dip in employment in certain regions for these industries for April. The service-providing sector continued to perform well across the board. The ADP Regional Employment Report is produced by ADP®, a leading global provider of Human Capital Management (HCM) solutions, in collaboration with Moody’s Analytics, Inc. Here is a closer look at the regional numbers: California added 20,100 jobs Florida added 11,100 jobs Illinois added 3,100 jobs New Jersey added 5,300 jobs New York added 6,500 jobs Texas added 22,400 jobs Broadly distributed to the public each month, free of charge, the ADP Regional Employment Report measures the change in regional and state nonfarm private employment each month on a seasonally adjusted basis. For more detailed information, please visit: http://www.adpemploymentreport.com/ Share this:Click to email (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn...

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CPA Practice Advisor Features ADP’s 5 Tips to Help Navigate Pay Equity

CPA Practice Advisor Features ADP’s 5 Tips to Help Navigate Pay Equity

CPA Practice Advisor published an article by Ellen Feeney, vice president and counsel in ADP’s Global Compliance Group,titled “5 Tips to Help Navigate Pay Equity,” which provides accounting firms with some best practices regarding equitable pay practices. “As yet another regulatory deadline looms, you’d think companies would be making EEO-1 compliance a priority. Interestingly, that’s frequently not the case. According to ADP Research Institute® data, when it comes to awareness of the new EEOC requirements, just over half of midsized and nearly three-quarters of large companies are aware of these requirements, but only 20 percent report having a plan in place to manage them. And just about half of companies feel extremely or very confident they will be able to comply with the law by 2018.” Read the entire article at CPA Practice Advisor. 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...

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The Lone Star State Leads Regional Employment Gains in March

The Lone Star State Leads Regional Employment Gains in March

According to the ADP Regional Employment Report, in March we saw employment growth across all regions that was consistent with February’s numbers and Texas provided the greatest gains. Each region saw positive growth in almost every industry and both the goods-producing and service-producing sectors performed well. The ADP Regional Employment Report is produced by ADP®, a leading global provider of Human Capital Management (HCM) solutions, in collaboration with Moody’s Analytics, Inc. Here is a closer look at the regional numbers: California added 30,300 jobs Florida added 27,200 jobs Illinois added 8,900 jobs New Jersey added 4,500 jobs New York added 11,700 jobs Texas added 35,500 jobs Broadly distributed to the public each month, free of charge, the ADP Regional Employment Report measures the change in regional and state nonfarm private employment each month on a seasonally adjusted basis. For more detailed information, please visit: http://www.adpemploymentreport.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...

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