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Looking Ahead: Talent Trends & Key Considerations for HR Leaders in 2017

Looking Ahead: Talent Trends & Key Considerations for HR Leaders in 2017

by Susan Hanold, Vice President, HCM Strategic Advisory Services and Talent Management at ADP, PhD With 10,000 Baby Boomers retiring every day, companies are facing a skills shortage as fewer Generation Xers will remain to succeed them. Wage wars brought on by job-hoppers is compounding the challenge. According to the ADP® Workforce Vitality report, employees with three to five years of tenure get the greatest compensation bump by leaving their current positions. This places tremendous pressure on talent management professionals and recruiters. A recent study from the McKinsey Global Institute found that the world could have a shortage of 40 million college-educated workers by 2020. Further, in advanced economies, nearly 96 million workers may lack the skills needed for employment. What can HR leaders do to recruit and retain skilled workers necessary for their businesses to thrive in 2017? Here are a few things to consider: Reach candidates through social media channels. The perception of your brand and corporate culture can make or break your ability to attract new...

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Taking Unconscious Bias Out of Hiring: ADP Search and Visualization Tool Helps Recruiters Focus on the Right Candidate

Taking Unconscious Bias Out of Hiring: ADP Search and Visualization Tool Helps Recruiters Focus on the Right Candidate

Rita Mitjans, Chief Diversity & Corporate Social Responsibility Officer

The business case for workplace diversity is clear – we live in a world made up of people with different backgrounds and world views, and the companies that reflect this can best meet the needs of their equally diverse stakeholders. Yet, less than half of organizations today say that their diversity and inclusion initiatives are successful.[i] What’s stopping them? One of the most common challenges is not equipping recruiters, or managers, with the ability to be impartial when making hiring decisions – 20 percent of large enterprises do not have the tools to help ensure fair and unbiased resume reviews.[ii] It’s human nature to make quick judgments about people and situations influenced by our cultural environment, preferences and experiences. This natural human tendency of “unconscious bias” can impact a company’s ability to match the best talent for a given role. At ADP, we’re helping organizations take action through Visual Search, a new search and visualization tool that helps to remove factors like gender, ethnicity and pay from the candidate...

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Training Magazine Recognizes ADP for Workforce Training and Development Programs

Training Magazine Recognizes ADP for Workforce Training and Development Programs

At an awards gala at the Training 2017 Conference & Expo Training Magazine listed ADP as number 25 on its Training Top 125 list for 2017. In addition, the group awarded ADP with an Outstanding Training Initiative Award for its “Major Account Services (MAS) Fast Path” training initiative. “We are very proud to be listed in the ‘Training Top 125 list for 2017’ and recognized with the ‘Outstanding Training Initiative Award,'” said Andrea Elkin, vice president of Enterprise Learning for ADP. “This recognition supports our focus on continuing to accelerate our efforts to provide modern learning experiences for our associates and clients.” Now in its 17th year, the Training Top 125 ranks organizations with outstanding employer-sponsored workforce training and development offerings. The ranking is based on benchmarking statistics, including total training budget, percentage of payroll, number of training hours per employee program, workplace surveys and more. For more information about Training Magazine’s Top 125 rankings, please visit trainingmag.com. To learn more about what it’s like to work at ADP,...

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ADP Announces Acquisition of The Marcus Buckingham Company to Expand Talent Portfolio

ADP Announces Acquisition of The Marcus Buckingham Company to Expand Talent Portfolio

At ADP, we are committed to helping organizations build better workforces, and we believe that data and research are a critical part of doing this successfully. That’s why we have acquired The Marcus Buckingham Company (TMBC), an innovator in human capital management (HCM), best known for its unique approach to using employee’s individual strengths to create more engaged and productive employees and teams. We believe that having a data and research-driven approach to talent is now more important than ever. And companies are saying the same thing – according to a recent study commissioned by the ADP Research Institute, 76 percent of respondents cited that companies must do more to develop and retain talent. TMBC will help us deliver on this need. TMBC’s cloud-based performance and talent management solution, StandOut, couples technology with coaching and education to increase employee engagement and drive better team performance. This solution is built on decades of research that has uncovered the factors that differentiate high-performing teams, which is one of the reasons why...

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Got Grit? Take a Tip From Maria Black on Thrive Global

Got Grit? Take a Tip From Maria Black on Thrive Global

Thrive Global published an article by Maria Black, President, Small Business Solutions and Human Resources Outsourcing,titled “Got Grit?,” on the importance of courage, resolve and strength of character in life and work. “What is ‘grit’ and why is it important in life and work? … As a leader, it’s important to cultivate grit. The idea isn’t to have roles in an organization so tough that they require grit, but rather provide proactive tools and training to develop and nurture it.” Read the entire article at Thrive Global. 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 in new...

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