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Partnering with a more human resource

From Hire to Retire to Compliance? ADP’s CFO on Why Compliance Has Never Been More Important

If it seems like there are a lot of new regulations lately, you’re right. Last year alone, the U.S. Federal Register logged 3,378 final rules and regulations, from the IRS, FLSA and DOL. And many of these regulations impact businesses – and specifically touch at least one aspect of the “hire-to-retire” spectrum. In other words, if your job description includes payroll tax, employment verification services, wage garnishments or benefits administration, your job description should also include compliance. Despite the increasing volume of regulations and potential impact on businesses, there is still a lack of action, and in some cases, understanding, on what needs to be done to comply. Consider these stats: According to ADP research, only 25 percent of small businesses and 50 percent of midsized business are aware of new federal overtime requirements, which are currently set to go into effect on December 1, 2016 via FLSA. For ACA, the ADP Employer Confidence Report found that more than half of midsized companies (52%) and nearly half of large...

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Winning the War for Talent: BDG CPAs Shares their Challenge – and Their Insight

“You feel that, when your head hits the pillow, you’re doing the best by your employees.” –Neil Della Torre, Founding Partner, BDG CPAs. The accounting profession, like many industries, is currently undergoing a “workforce revolution” where many in firm leadership are taking a close look at their culture and employee engagement techniques. Why? Because they recognize the critical need to combat an industry talent shortage driven by a steady stream of retiring Baby Boomers exiting the accounting business. To fill the void, CPA firms like Becher, Della Torre, Gitto & Company are looking to attract Millennial talent. But we are seeing that the priorities and values most important to this rapidly changing workforce have shifted substantially. Specifically, the demands of Millennial employees have moved away from high salaries to priorities such as work/life balance and benefits that are offered. “Our firm model is to recruit students that could go with a ‘Big Four’ firm. ADP TotalSource® makes our firm more competitive in the market place for staff accountants as...

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Payroll as Pain vs. Payroll as Pleasure: A Chat with Andrews and Company

Ask any business owner and you may find that one of the first things they did when starting their business was retain the services of an accountant. Such a partner isn’t there just to help with taxes, but to serve as a trusted advisor who can provide solid advice on managing cash flow, planning for growth, assessing risk and, in many cases, helping with payroll and other HR activities. Because of the advisory nature of their relationship with clients, accountants today have a lot more on their plates than they ever did before. In fact, with the onset of the Affordable Care Act, recent changes to the Fair Labor Standards Act, and ever-changing payroll regulations, I’m seeing that many more small to midsized accounting firms (with five to 15 employees) are thinking about referring out their payroll business or stepping away from offering payroll services completely. The reasons they’re citing? Lack of time and the complexities of keeping up with payroll tax changes and other related compliance issues. Accountant...

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ADP Makes Selling Power’s 50 Best Companies to Sell For – 2016 List

At ADP, we always talk about how we can help enable “a more human resource.” Of course, this statement is intended to be the guidepost for how we interact with our clients day in and day out. Every part of that interaction is important, but one could argue that a client’s first impression of working with ADP is one of the most meaningful indicators of their future relationship with us – and that relationship most often starts with the ADP salesforce. So naturally, ADP views our salesforce as an integral part of how we deliver value to every new prospect and client. Not only that, it makes being in sales at ADP a rewarding experience. Clients of all sizes want a company they can trust to take care of their people and deliver market-leading solutions, like the ones ADP is known for worldwide. That’s what our sales teams bring to the table. Today, I’m pleased to share that ADP was selected for inclusion in the ultimate “best place to...

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ADP Recognized as a Leader in Recruitment Process Outsourcing

NelsonHall, a global business process outsourcing analyst firm, has named ADP as a leading recruitment process outsourcing (RPO) provider for the second consecutive year. ADP RPO is a complete outsourced solution designed to help clients reduce the burdens of managing their recruitment process by providing innovative, scalable solutions and sourcing strategies. ADP RPO has been recognized as a leader across all categories, including: Overall RPO Provider, Candidate Focus, Talent Management Focus and Global/Multi-Country Focus. NelsonHall also highlights the comprehensiveness of ADP’s RPO offering, as well as ADP’s global presence, scalability and agility to meet business demands, and its ability to help clients improve performance results, such as with the quality of hires. “We’re proud to be recognized as a leading RPO provider helping clients attract, manage and retain top talent worldwide,” said Dave Imbrogno, President, National Account Services. “As the job market continues to accelerate, companies need help finding and recruiting the best candidates, as well as retaining top-performing employees to help their businesses succeed. We understand these challenges...

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Everest Report Has ADP Beaming with Benefits Pride

Benefits administration is enormously complex. A successful enrollment requires surgical precision and careful coordination of multiple sources of data from multiple systems. Organizations need to understand hundreds of intricate eligibility and enrollment rules and infinite combinations of rate structures to successfully manage the daily events that are today’s Benefits offerings. Getting it wrong creates exposure to financial and compliance risk, and now, more than ever, employee dissatisfaction. The Affordable Care Act (ACA) in particular has brought continued focus on the complexities of managing Benefits, leading many businesses to seek outside expertise. In addition, as organizations look for a competitive edge, offering a broader and more varied array of Health, Wellness, Financial and Lifestyle Benefits is emerging as away to attract and retain the best talent. The additional complexity caused by the increased number of Benefit offerings and the associated burden of connecting to multiple carriers and reconciling deductions to payroll has driven the increased interest in Benefits Administration Outsourcing (BAO). According to the Everest Group’s Anil Vijayan, the BAO...

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ADP Awards Scholarships to Help Clients’ Employees Advance Their Careers

ADP recently awarded $125,000 in scholarships to 75 winners of its Aspire Scholarship Program, designed to help our clients’ employees continue their education and advance their careers. The 2016 scholarship recipients are among many employees of clients that outsource their HR functions with ADP. Excerpt from an award recipient’s application essay: “My intention is to further pursue my studies in the hopes that I will add a Bachelor’s degree to my achievements. It is…my opinion that the opportunities afforded to a recipient of a full education are advantageous in today’s competitive world,” wrote Joanne Sagastizado in her scholarship application. “I believe that the ability for me to complete another phase of my schooling will propel me toward additional accomplishments, which I look forward to.” The Aspire scholarships help cover tuition and other educational costs at an accredited college, university, technical school or trade school. An independent organization selected the winners based on academic achievement, community involvement, a written essay and financial need. “ADP is a strong advocate for encouraging...

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Should You Focus on Meaningful Work to Attract and Keep Top Employees?

According to ADP Research Institute’s® report, The Evolution of Work: The Changing Nature of the Global Workforce, one of the top 19 workplace trends in the coming years will be people choosing to “spend their time working on things that are of personal interest to them or have a broader impact on society,” and an overwhelming 81 percent of employees view that trend in a positive light. Because workers of all ages seem to value work they can be proud of, a growing number of employers are finding ways to make work more meaningful and communicate it to job candidates, increasing employee satisfaction and employee retention. Hear more from Ahu Yildirmaz, Head of the ADP Research Institute, on the four ways to start focusing on work that matters: 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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Global Protection 24/7

At ADP, we have a place that not many people know about, and even fewer have been inside. It’s behind the scenes, with restricted access and it’s on the cutting edge. ADP’s Critical Incident Response Centers (CIRC) are one of our secret weapons in stemming the global impact of cybercrime to help protect our systems, client data and funds What is the CIRC? It’s a place where fraudulent efforts to gain access to ADP systems are exposed and proactive alerts help us to stay one step ahead. Monitors replace the wallpaper on our walls so we can watch the action as it happens. It’s crucial to ADP’s security program, and supports ADP’s cyber defense operations, security monitoring and financial crimes investigations. It constantly monitors for security trends, threats and attacks from all over the globe. It even utilizes social media feeds to stay on top of the latest developments. It’s staffed by highly skilled security practitioners with a laser beam focus on detection and prevention, and a passion for...

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Bring it On! It Takes More Than a Gas Leak to Prevent HR Leaders From Exploring the Future of Work

By Erin Siemens, Division Vice President and General Manager, National Account Services Human Resources (HR) leaders are a tough bunch. You wouldn’t think it to look at us, but it takes a lot to keep us from learning more about our discipline and the trends impacting the workforces we support. That’s why it was especially gratifying to participate as a panelist during the FT-ADP® Evolution of Work Forum conducted recently in Chicago. Despite a news-breaking gas leak in downtown Chicago that day, which shut down trains and delayed car traffic, a tenacious and fortunate bunch of us gathered for an intimate discussion over dinner about how businesses must evolve to attract and retain top talent, while managing performance, productivity and security. Keynote speaker Alexandra Levit ignited the evening’s conversation with her presentation about what she calls the three C’s of future work: Collaboration, customization and creativity. Levit has impressive credentials and has conducted proprietary research on the future of work, the Millennial generation, gender differences and bias, and the...

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