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CNN Money Highlights ADP Research Institute Data

CNN Money Highlights ADP Research Institute Data

CNN Money recently quoted Ahu Yildirmaz, vice president and head of the ADP Research Institute, in an article titled “U.S. manufacturing job openings at 2007 levels.” Ahu discusses a shift we are seeing in the types of jobs currently available in the manufacturing industry and features data from the Q3 2016 Workforce Vitality Report. In a recent interview Ahu stated: “When we look at our data we see that proportionally more firms are paying on average higher hourly wages. This reflects the overall wage increase in manufacturing, however, it also implies more firms have high skilled, high wage jobs. For example, in 2008, 50% of firms paying more than $25 per hour on average. Today, that number increased to 70%.” With increases in automation, the manufacturing industry has a high demand for high-skill, high wage jobs. This shift also highlights a need for increased training to ensure workers have the skills to fill the openings in the sector. Think this is interesting? Learn more data-driven insights about today’s workforce...

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More Brokers Consider Partnering with PEOs

More Brokers Consider Partnering with PEOs

As trusted advisors on “all things HCM,” the best benefits brokers are having proactive conversations with their clients and prospects about business strategies to manage their needs around talent, compensation and benefits, and risk and compliance — and that includes professional employer organziations (PEOs). There’s been a big shift recently in brokers’ willingness to partner with PEOs, driven mainly by two factors: Companies are looking to their brokers to support the entire human capital experience, especially around talent, and it’s difficult for brokers to build this support model internally. The Affordable Care Act (ACA) has driven more small and midsized businesses to look at PEOs as a good option to help manage health care costs and compliance In an article titled, “Brokers and professional employer organizations: a perfect pairing,” Courtney Simpkiss, ADP Vice President of Broker Channel Strategy shares her insights on this growing trends. Head toBenefitsPro to read the full story. Share this:Click to email (Opens in new window)Click to share on Twitter (Opens in new window)Click to...

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Inclusion Goes Beyond the Numbers: ADP Receives Perfect Score on Human Rights Campaign 2017 Equality Index

Inclusion Goes Beyond the Numbers: ADP Receives Perfect Score on Human Rights Campaign 2017 Equality Index

Rita Mitjans, Chief Diversity & Corporate Social Responsibility Officer

Talking openly about diversity is important to creating an inclusive work environment. However, it holds little value if an organization doesn’t implement policies to put that dialogue into action. I’m proud to say that over the past several years, we have demonstrated our commitment to “walking the talk,” by creating workplace policies and a welcoming environment that enable LGBTQ employees to grow personally and professionally at ADP. Sponsoring business resource groups like ADP Pride serves to engage our LGBTQ employees and their allies in implementing inclusive practices like a voluntary self-identification program and awareness training. ADP Pride has also been instrumental in ensuring we have market-competitive benefits that attracts and retains top LGBTQ talent. For these reasons, ADP has once again received a perfect score of 100 on the Human Rights Campaign Foundation’s 2017 Corporate Equality Index — an honor we’ve received for the eighth consecutive year. The Corporate Equality Index is the national benchmarking standard on corporate policies and practices pertinent to lesbian, gay, bisexual and transgender employees....

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Revisions to EEO-1 Reporting: The Impact to Employers

Revisions to EEO-1 Reporting: The Impact to Employers

The Equal Employment Opportunity Commission (EEOC) has issued major revisions to EEO-1 reporting that require the addition of employee pay data, which must be broken out by race, gender, and ethnicity – with significant implications for employers. From an administrative perspective, the new EEO-1 report requires the addition of Form W-2 gross wages from the payroll system, as well as work hours for employees. From a strategic and compliance perspective, EEO-1 mandated pay data may raise the awareness and visibility of potential payequity issues for an employer. In light of the new rule, some employers may wish to review their current hiring, job evaluation, and pay practices to ensure that they are compliant and defensible. Watch the webcast below and get critical insights into the EEO-1 revisions, along with potential strategies employers can use to prepare for the new law. During this webcast, you will learn about: Detailed overview of EEO-1 reporting changes Answers to employers’ frequently asked questions Summary of impacts to HR processes and data flows Potential...

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Payroll: The Accountant’s Key to Unlocking Stronger Client Relationships

Payroll: The Accountant’s Key to Unlocking Stronger Client Relationships

By Chris Rush, Division Vice President of Strategy and Business Development for ADP’s Small Business Services Division To many clients or small business owners, payroll can seem like yet another piece of an already complicated puzzle. Recent changes to federal, state and local laws on overtime rules, minimum wage and paid sick leave have made this task even more complicated, increasing the risk of noncompliance fines for employers. As they adapt to regulatory changes and anticipate more in the future, small businesses are looking to their accountants to manage the payroll process. And that’s good news. In fact, according to a recent ADP white paper, 43 percent of accounting professionals indicate that payroll is one of the most profitable segments of their business. By adding payroll services to an existing suite of accounting options, accountants can meet the demand of clients who want to better understand their payroll and how they can streamline it. At the same time, payroll can open up new opportunities, allowing accountants to increase the...

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