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Multinational Corporations Can Give Employees Power Over How They View Their Pay Slips

We’ve all experienced it: That moment when you stand there scratching your head trying to figure out your pay slip details. Fortunately, that moment is a thing of the past for employees of ADP® multinational clients, who now can see a personalized view of their paycheck through a newly designed and upgraded ADP GlobalView® HCM employee portal –called ADP myView portal. The myView portal now offers a myPay feature that gives payroll and HR administrators and employees more intuitive, engaging and interactive features they can use to configure, explore and understand payroll details. HR executives from our MNC clients tell us that one of the most frequent inquiries they get comes from employees asking about the components of their pay slips. They also point out that each user of enterprise HR portals and digital pay slips has different needs and preferences. By combining a visually compelling user interface with feature-rich, self-service functionality, we’re using innovation to empower users and ease critical workforce management activities for global businesses. In fact,...

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Controlling Costs Under the New Overtime Rules

Recent changes to the nation’s overtime pay rules will make 4.2 million currently exempt workers eligible for overtime pay. According to the U.S. administration, the Department of Labor’s (DOL) changes will help grow middle-class wages and put $12 billion in the pockets of U.S. workers over the next 10 years. Complying with these sweeping changes means businesses will have to spend more in payroll, administrative and legal fees. So what can you do to help your business control costs? Meg Ferrero, Vice President and Assistant General Counsel of ADP’s Major Accounts division shares some tips with FEI. Read more here. 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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ADP National Employment Report Celebrates 10 Years

Over the past decade, the U.S. labor market has undergone a variety of changes. We’ve endured a historic recession followed by nearly seven years of recovery and expansion. It has taken 10 years for the labor market to attain full employment again. For the last five years, average monthly job growth has been just about 200K. There’s evidence that wage growth is picking up, consistent with the idea that we’re getting pretty close to full employment. 2016 marks the 10th anniversary of the launch of the ADP National Employment Report®, an essential tool measuring the monthly change in U.S. nonfarm private employment which is distributed free to the public. Since its inception in 2006, the NER has informed the conversation around the economy, become a critical indicator of private sector labor market activity and emerged as a reliable predictor of the government’s jobs report. Using actual, anonymous payroll information of 24 million Americans, ADP is able to draw conclusions about the workforce based on real numbers, not survey data....

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Cultivating Top Talent – American workers are our greatest asset

Maria Black, President, ADP TotalSource Last week I had the pleasure of participating in a panel on “Cultivating Top Talent” for the SelectUSA Summit. This event — which took place in Washington, D.C. — hosted more than 2,000 global companies, economic development organizations from every corner of the United States, high-level government officials, and others working together to facilitate investment in the United States. There were many things I found quite interesting about this experience, but none more impactful than President Barack Obama’s keynote address. It was a self-proclaimed “sales pitch” about why now more than ever America continues to be the place to invest for many reasons. The top reason I took away, likely since I too consider it to be our country’s greatest asset, is American workers. Here is a brief excerpt from his speech: “If you could choose any place and time to invest your business’s precious resources, I believe you’d choose right here, right now. If you choose a place to expand your portfolio, to...

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Give Me Quick, Easy, Mobile and Definitely Use Video to Find Talent

As a small and midsized business owner the concept of resource-constrained is real, especially through the process to hire top talent. Once you’re immersed in a full-blown search for viable candidates, it can be daunting to discover you may be drowning in the candidate pool because you don’t have the proper tools and technology to keep you afloat. You’re not alone. According to a recent study by LinkedIn, 42 percent of small business leaders around the world rank recruiting highly-skilled talent among their top five priorities. Today, recruiting the best to help your company succeed is not only about finding the right people and matching them with a job that will make them feel happy and fulfilled. Now, business owners and job candidates want to use the best technology to go through the process quickly. What constitutes “the best technology?” For most of today’s hiring managers it’s the ability to: Post jobs to multiple job boards at one time. Track and screen all job candidates and interviewer feedback in...

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New FLSA Overtime Rules: Don’t Be Frightened!

It’s been a few short weeks since the Department of Labor (DOL) announced the final changes to the Fair Labor Standards Act (FLSA) overtime regulations. These are the first major changes to the overtime regulations in more than a decade and could impact more than four million U.S. workers. As business owners come to grips with the fact that these regulations may well have an impact on their bottom line, the questions have been pouring in. What’s interesting is that employers are not just seeking information about the changes to the overtime regulations and what they mean. Many also are trying to determine if they are even in compliance with the current regulations! The new regulations have created a heightened state of awareness and angst for the employer community. Let’s face it: Business owners are busy and employment laws and regulations are not something they focus on regularly. According to ADP research from late 2015, only 25 percent of small business owners and 50 percent of midsized employers were...

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Changes are coming for the ACA

If you were an Applicable Large Employer (ALE) for tax year 2015, you’ve likely made it through your first year of annual health care reporting under the ACA. You’ve issued the new annual information return to each employee that was full-time for at least one month in 2015 (IRS Form 1095-C, Employer-Provided Health Insurance Offer and Coverage) and have or are in the process of filing the forms with the IRS. Now is the time to start proactively planning for next year—and equally as important, finding out what you need to be on the lookout for in the upcoming months. We reached out to ADP’s leading ACA experts to discuss key findings from the first year of annual reporting and requirements that are changing for 2016 and 2017, which make complacency not an option. Vic Saliterman, Senior Vice President, Health Care Reform: A key finding we’ve discovered from our first year of annual reporting is that complying is even harder than expected. What are some of the reasons for...

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Midsized Business Owners Stressed About Finding and Keeping Top Talent

  Although midsized businesses added 63,000 jobs in April, some continue to consider talent – finding it, nurturing it, and keeping it – among their biggest concerns. According to the fourth annual ADP Midsized Business Owners Study, nearly half of respondents are extremely or very concerned about the quality of the available workforce, and less than 20 percent are completely confident they have the right tools to find, grow and retain talent. The research found that: Only 15 percent of the people who responded are completely confident they have effective tools to find the best talent. Many say they lack the ability to post to multiple job boards in a single action, and lack tools to find and track passive job seekers. They also report difficulty finding internal talent for open positions. Only 16 percent of the people who responded are completely confident they have effective tools to keep and grow the best talent. Respondents cite the need for tools to help create and maintain development plans for employees,...

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ADP Regional Employment Report: May Job Growth in the South and Northeast Higher than April

Jobs Added Numbers Decrease in West and Midwest Private sector employment increased in all four major regions and all nine U.S. Census Bureau Divisions during the month of May 2016, according to the monthly ADP Regional Employment Report®, which is produced by ADP®, a leading global provider of Human Capital Management (HCM) solutions, in collaboration with Moody’s Analytics, Inc.  Broadly distributed to the public each month, free of charge, the ADP Regional Employment Report measures monthly changes in regional nonfarm private employment on a seasonally adjusted basis. “The South rebounded somewhat from a weak April as the loss of good-producing jobs slowed,” said Ahu Yildirmaz, VP and head of the ADP Research Institute®. “The South Atlantic states, North and South Carolina, Florida and Georgia continue to drive growth, picking up the slack from the still struggling Oil Patch states.” On June 2, 2016, the ADP National Employment Report® reported that total U.S. private sector employment increased by 173,000 jobs from April to May. May 2016 Report Highlights Click here...

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Heads Nodding. It was a Good Sign.

Ahu Yildirmaz, Ph.D. Vice President, ADP Research Institute

I looked around the room a few times.  I saw a lot of nodding heads. I had just presented at a recent Argyle Executive Forum on Human Capital Leadership that confirmed  two concerns that Fortune 500 organizations continue to have in common:  Employee engagement and corporate culture. More than 180 attendees found themselves nodding in unison as guest speakers shared their approaches to addressing these concerns.  For instance, a speaker from Amazon shared the “Top Ten” lessons its HR organization has learned about the “Art of the Peculiar,” which turns on its ear many of the traditional ways of evaluating employee engagement.  Another speaker, from Deloitte, shared the results of its recent human capital trends report, which identified 10 human capital management trends using a framework it calls the 4Cs for HR – capacity, capabilities, community and credibility. Other presentations featured HR leaders from News Corp., Bank of America, Glassdoor, and Praxair, to name a few.  They covered a lot of ground:  Empowering and engaging employees; building corporate culture...

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