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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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Big Data: The Key to Diversity in the Workplace

Big Data: The Key to Diversity in the Workplace

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

At ADP, we know that diversity fuels workplace innovation. We also have the data to tell the real story about workplace diversity. That’s why yesterday, we proudly sponsored Data Science and Data Architecture at ADP, an event hosted in conjunction with the NYC Women in Machine Learning and Data Science. Along with our principal data scientist Xiaojing Wang, I joined this community of women pursuing passions for data and machine learning for a provocative talk and engaging discussion. Big data is more than just numbers – it has the power to move the labor market and impact economic policy. Highlighting the ADP Research Institute’s Workforce Vitality Report, I chatted with the audience about how ADP is turning big data into actionable data. Our Workforce Vitality Report, a quarterly measure of wage growth based on the real payroll data of 24 million Americans paid by ADP, provides critical insights on labor market dynamics as well as benchmarks to measure human capital management for individual companies. The WVR sheds light on...

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How Can Startups and Entrepreneurs Compete in the War for Talent? With a PEO

How Can Startups and Entrepreneurs Compete in the War for Talent? With a PEO

It’s no secret that starting and running a small business is no small feat. Business owners are often pulled in what feels like a million directions — striving to ensure the business is growing, clients are happy, and that they actually get to sleep at night (or at least some nights!). But if you ask many entrepreneurs, they will tell you the one thing they never imagined would be so hard was managing their employees (even if they only have two) and providing the HR and benefits today’s top talent requires. As the workforce continues to undergo significant generational shifts and increasing competition in the war for talent, startups – by sheer nature of their size — are faced with challenges in delivering the attractive benefits that come more easily to larger organizations. As a result, working with a Professional Employer Organization (PEO) is a popular option that many entrepreneurs are considering. ADP TotalSource®, the largest PEO in the United States with more than 400,000 worksite employees, has traditionally...

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Then and Now: Evolution Comes in Waves for HR Technology

Then and Now: Evolution Comes in Waves for HR Technology

Long before cloud computing and mobile apps, HR was consistently inundated with piles of paperwork. But with the evolution of HR technology influenced by the internet, recruitment, record keeping and payroll responsibilities have become drastically simplified, efficient and accurate. Jerome Gouvernel, Vice President for ADP’s Product Incubation Group located in Innovation Labs, explains how HR technology has grown from the dawn of the internet to today and gives us a look into the future. Q: How has the evolution of HR technology changed since before the internet? A: How has it not changed? The advancement of HR technology created a fundamental shift from the purpose of transactional recording. When the ADPs and PeopleSofts [of the world] started coming out and being successful, it was really about recording transactions in a standardized manner. Which at the time was revolutionary, because there was actually no way to standardize a new hire. There was no single place where you could transmit information about a new hire. There were multiple systems or a...

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