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ADP Announces Acquisition of Global Cash Card, Strengthening Payroll Offering with Enhanced Digital Accounts and Financial Planning Tools

ADP Announces Acquisition of Global Cash Card, Strengthening Payroll Offering with Enhanced Digital Accounts and Financial Planning Tools

ADP has been helping organizations build better workforces for more than 65 years, the foundation of which is ensuring that employees are paid seamlessly and conveniently. Today, ADP is strengthening and expanding its employee payroll offer by acquiring Global Cash Card, a leader in digital payments, including paycards and other electronic accounts. We are excited to welcome our new Global Cash Card colleagues to the ADP family! The digital payment space is an exciting one for the future of payroll. Paycards are the fastest growing method of payment in recent years, with the estimated value of Form 1099 transactions now ranging between $700 billion and $1.1 trillion. The gig economy has also driven the demand for these accounts, which can let independent contractors bring their various wages and expenses into a single account, providing the best picture of their financial well-being. From the employer’s perspective, digital payments can be a less expensive, more immediate, and more secure option than paper checks. And there is room for growth, as 73...

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Inc.com Features ADP on Five Keys to Creating a Culture That Stands Apart

Inc.com Features ADP on Five Keys to Creating a Culture That Stands Apart

What’s the X Factor that sets one business apart from the others? Is it offering the right service at the right time? People who are dedicated and engaged in working toward success? Customers that advocate for your business? These are all important, yet, you could have all these things going for you and still fail. So what’s the real secret to success? I recently talked to three business leaders who shared their lessons for identifying the X factor that can set your business and culture apart. People are one of the most important factors in any business. They’re the ones making decisions that impact customers, and they’re the ones who determine whether your culture exists on paper, or in real life. Hiring the right people and managing them so they can do their best work are critical to the success of any business. But, if it’s so foundational, why do so many organizations struggle with it? Jordan Birnbaum is VP and Chief Behavioral Economist at TalentX, an ADP Venture;...

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Natural Resources, Mining and Construction Saw Regional Job Gains in August

Natural Resources, Mining and Construction Saw Regional Job Gains in August

In August, the goods-producing sector saw its best performance in months with positive gains in natural resources, mining and construction, according to the ADP Regional Employment Report. Additionally, the service-providing sector continued its forward momentum while, on a state level, Texas and California lead in job gains. 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 26,300 jobs Florida added 18,700 jobs Illinois added 9,300 jobs New Jersey added 3,600 jobs New York added 12,200 jobs Texas added 30,500 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...

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Talent Management Made Easy at Reading Cooperative Bank with ADP Workforce Now®

Talent Management Made Easy at Reading Cooperative Bank with ADP Workforce Now®

Reading Cooperative Bank (RCB), founded in 1886, is a 21st century bank with traditional values, committed to putting people over profits. And the employees and customers of the bank actually own it! Maxine Hart, chief human resources officer (CHRO) faced the challenge of acquiring new talent in their diverse socio-economic communities. “The challenge, obviously, is that the talent we bring in and the types of processes we use in some of the communities that we serve are not the same as those we use for a more traditional branch. Recruitment was a cumbersome process, which really left the HR team bogged down with the volume of candidates, many of whom were really not qualified for the role.” Then RCB discovered ADP Workforce Now®, which has completely changed the way that the bank manages recruiting, talent acquisition, payroll and benefits for their workforce. Get the full story on how ADP Workforce Now® helped RCB streamline their recruiting and benefits administration practices. Share this:Click to email (Opens in new window)Click to...

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It’s National Payroll Week: Here’s Everything You Need to Know

It’s National Payroll Week: Here’s Everything You Need to Know

With National Payroll Week, the American Payroll Association (APA) annually celebrates the relationship between workers, businesses and payroll professionals. Paying workers is a big deal: Through the payroll withholding system, employees, employers and payroll services contribute, collect, report and deposit about $2.2 trillion, or 67 percent, of the annual revenue of the U.S. Treasury, according to the APA. To observe this special week, we’ve recently published some helpful articles on our complementary ADP blogs – Thrive, Spark and Boost. Whether you are a small business or a large global organization, these articles will help you navigate a variety of issues surrounding payroll processing and make an often challenging process easier on your end. Payroll 101: The 6 Payroll Taxes Employers Need to Cover: When you hire employees, you need to pay several taxes on their behalf. Keeping track of all the employer-paid taxes for payroll isn’t easy, and you might not realize you’ve missed one until you get hit with a government penalty. Payroll Card Programs: The Revolution of...

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