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Engineering Consulting Firm Finds the Perfect Employee Benefit, Shopping ADP Marketplace

Engineering Consulting Firm Finds the Perfect Employee Benefit, Shopping ADP Marketplace

As consumers, surfing the net helps us to connect with what we need, what we want, and what’s important in our lives. It can also help us to buy products and services that can benefit our businesses and employees. Take the case of Tracy Hannuksela, Human Resources Director at Landau Associates, the Edmonds, Washington-based engineering consulting firm and a client of ADP Workforce Now®. “We were thinking of offering personal identification theft protection as an employee benefit for some time,” she explains. Among the problems the HR Director encountered were cost-prohibitive coverage through brokers, products that didn’t meet expectations, and offerings that simply turned out to be too good to be true. “Then one morning, I logged in to ADP Workforce Now and got a pop-up message for ADP Marketplace. I clicked on the ‘New Market Vendors’ banner and it didn’t take me long before I found what I was looking for.” She discovered ADP Marketplace vendor, Core ID, whose ID theft protection product on ADP Marketplace was a...

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Benchmarking’s Time to Shine: ADP Solution Named One of Top HR Products of 2016 and ‘Awesome’ New Technology

Benchmarking’s Time to Shine: ADP Solution Named One of Top HR Products of 2016 and ‘Awesome’ New Technology

Human Resource Executive® recently revealed that Benchmarking, powered by the ADP® DataCloud, has been selected as one of its “2016 Top HR Products” and “Awesome New Technologies for HR.” With a record-breaking number of nominations to consider this year, the magazine relied on a combination of staff reviews and comments from outside experts and analysts to choose the top products of the year. So what, exactly, is Benchmarking and why was it honored? Benchmarking was introduced as part of the ADP DataCloud analytics platform in October 2015. The solution gives companies the ability to compare their workforce data with up-to-date aggregated and anonymized HR and pay data from ADP’s database of more than 95,000 client organizations. By harnessing this data, HR leaders can see how their companies stack up to the competition in such areas as compensation, workforce change and workforce demographics. For example, an ADP benchmark may reveal that the average tenure for a specific job in a specific industry is two years. If your company has employees...

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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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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 this to a friend (Opens in new window)Click to share on...

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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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