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Workplace Compliance Spotlight: Strategies for Surviving Year End Reporting

For many employers, the year-end reporting cycle can be quite overwhelming as they prepare for year-end compliance activities such as balancing tax accounts and preparing to distribute Forms W-2, and look ahead to accommodate the many legislative and regulatory changes for 2018 and beyond. Keeping pace with all of these tasks — while remaining compliant — can be daunting. To help with these efforts, join us on October 18th with other business owners, HR leaders and finance execs like yourself for the next installment in our Workplace Compliance Spotlight webcast series and get critical insights on what’s new and what’s coming next from Washington DC and the states that affect employer responsibilities, including aspects of the Affordable Care Act (ACA), unemployment insurance wage and tax reporting, W-2 reporting and payroll. During this webcast, you will learn about: How to prepare for changes to compliance requirements arising from legislation like the Affordable Care Act (ACA) What to expect in terms of legislative and regulatory changes to Unemployment Insurance wage and...

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Accounting Professionals and Their Small Business Clients Benefit from ADP and Wave Collaboration

We continue to see accounting firms expand their services to grow their practices beyond traditional accounting services and payroll. And, as they do that, they’re always on the lookout for tools and resources that can help them better manage the ever-widening scope of human resources (HR) and payroll challenges that their small business clients encounter. That’s why we’ve decided to collaborate with Wave, a private cloud-based provider of financial software for small business that includes invoicing and free accounting. Together, we’re giving our clients and accounting professionals yet another way to more easily and efficiently process payroll and run their complete business financial life directly from their RUN Powered by ADP® dashboard. Specifically, accountants will benefit because we’re adding to the tools they already use to help clients with these tasks. Not only can Wave complement other accounting and invoicing solutions, this collaboration between ADP® and Wave has several valuable elements. And it gives customers of RUN Powered by ADP and ADP® Accountant Connect a seamless, cohesive, and automated...

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ADP Does It Again! Wins ‘Awesome New Technologies’ Award for Record Third Year in A Row

ADP® has scored a three-peat, taking home the title of one of Human Resource Executive’s “Awesome New Technologies,” for a third straight year with its Pay Equity Explorer solution. Pay Equity Explorer is an innovative tool that combines data science and benchmarking and is built on the biggest dataset in human capital management, the award-winning ADP® DataCloud. The solution was developed to help organizations uncover insights and identify potential areas of risk when it comes to gender or race pay gaps so they can stay competitive in the war for talent. In addition to the legal requirements for equitable compensation at the state and federal levels, pay equity can impact an organization’s ability to attract and retain talent. In fact, a study by Aptitude Research Partners found that organizations that make pay equity a priority see on average 13 percent higher engagement levels, have lower than industry average turnover, and are 19 percent more likely to exceed industry average levels of productivity. What’s more, significant pay gaps increase a...

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Workplace Compliance Spotlight: Identifying Wage Inequality through Data Exploration

Achieving pay equity is top-of-mind for organizations. While organizations have always placed substantial value on talent acquisition, expectations for transparency around equal pay have increased. Given today’s war for talent, a commitment to pay equity is one of the easiest ways to differentiate yourself from your competition. But it’s about more than talent – it’s about identifying possible inequitable pay practices you didn’t even know you had. From a compliance perspective, in addition to the federal EEO-1 report, most states have pay equity laws. Tackling the issue proactively can save you from legal problems now and later down the road. Employers may wish to review their current hiring, job evaluation, and pay practices to ensure that they are compliant and defensible. But the complexities in the regulations and the sheer amount of pay data that exists – internally in every organization and externally in the market – can make it difficult for leaders to develop policies to promote and realize pay equity. Watch the next installment in our Workplace...

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Caesars Entertainment Turns to ADP to Support Growth, Improve Operational Efficiencies and Reduce Compliance Risk

Caesars Entertainment’s mission is to build loyalty and value with its guests through a combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership. In order to support its future growth, the casino entertainment company realized it needed to upgrade its legacy technology infrastructure to better serve its 60,000 employees. To do this, Caesars turned to ADP® Comprehensive Outsourcing Services for an integrated payroll and time and attendance solution using the ADP Vantage HCM® platform. “Prior to ADP, we had about 30 different systems we needed to integrate for payroll and time and attendance,” said Keith Causey, chief accounting officer of Caesars Entertainment®. “Our in-house systems were outdated and very difficult to manage. We knew we wanted an out-of-the-box cloud solution and realized that no other provider could offer the end-to-end service that really differentiated ADP.” By outsourcing its payroll services to ADP, Caesars also expects to reduce risks from a compliance perspective and enable employees to be more strategic. “With more than 30 casinos across...

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Women in STEM with Rita Mitjans

By Heather Bussing – Part 1 in the ADP Women in STEM series How does an organization change? One conversation at a time. Rita Mitjans, ADP Chief Diversity and Corporate Responsibility Officer, believes that lasting change starts with understanding what needs to change and why. It starts at the top, but you need to win the hearts and minds of everyone involved. Trust is essential, and to earn it, you must do your homework so you can build the case for why the change you are proposing will benefit the things they care about. It takes integrity, hard work, and thoughtful conversations with people experiencing the issues to understand what to do. To inspire real change, you need to make the case in many “languages”. Becoming Bilingual Learning to speak the language of the person she’s working with comes naturally to Rita. When she was seven, her family left their home and everything they owned and were welcomed to the United States as political refugees from Cuba. When they...

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Disaster Tax Relief Enacted; Act Includes Employer Retention Credit

In the wake of the recent hurricanes to strike the United States and Puerto Rico, Congress has passed a package of tax relief measures, the Disaster Tax Relief and Airport and Airway Extension Act1 (the “Act”), to assist individuals and businesses that were adversely affected by the storms. The bill was signed into law on September 29, 2017. Included in the Act is an Employee Retention Credit for eligible employers who continued to pay eligible employees during a period of inoperability as a result of damage sustained by reason of Hurricane Harvey, Hurricane Irma, or Hurricane Maria. 2 The amount of the credit is 40 percent of qualified wages on up to $6,000 in wages paid to each eligible employee during the period of inoperability (i.e., up to a $2,400 credit per eligible employee). To be eligible, the employer must have conducted an active trade or business in the disaster area of each storm and must have been inoperable on any day after the effective date of the storm...

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ADP Announces Acquisition of Global Cash Card, Strengthening Payroll Offering with Enhanced Digital Accounts and Financial Planning Tools

ADP has been helping organizations build better workforces for more than 65 years, the foundation of which is ensuring that employees are paid seamlessly and conveniently. Today, ADP is strengthening and expanding its employee payroll offer by acquiring Global Cash Card, a leader in digital payments, including paycards and other electronic accounts. We are excited to welcome our new Global Cash Card colleagues to the ADP family! The digital payment space is an exciting one for the future of payroll. Paycards are the fastest growing method of payment in recent years, with the estimated value of Form 1099 transactions now ranging between $700 billion and $1.1 trillion. The gig economy has also driven the demand for these accounts, which can let independent contractors bring their various wages and expenses into a single account, providing the best picture of their financial well-being. From the employer’s perspective, digital payments can be a less expensive, more immediate, and more secure option than paper checks. And there is room for growth, as 73...

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Benchmarking Leaps Forward with Vastly Deeper Job and Industry Insights Plus Smarter Job Matching in Next Generation of ADP DataCloud

Looking to hire a graphic designer but unsure what their total compensation should look like? How do you know if your overtime costs are too high for your machinists? Are your turnover rates comparable to similar businesses in your industry? HR decision-makers used to be in the dark about how their business stacked up against others, until 2015 when ADP® introduced Benchmarking, powered by ADP® DataCloud. The ADP DataCloud benchmarking tool is an industry leader, allowing HR professionals and business leaders to compare their organizations’ metrics to accurate benchmarks from other companies in four areas: compensation, workforce change, workforce demographics, and time and attendance. Since its launch, the innovative Human Capital Management tool is now in place with over 1,500 ADP clients. Now, with the next generation of ADP DataCloud comes even more powerful benchmarking, which can deliver the most specific, accurate, and “decision-quality” insights yet. To learn more about the updates that are now live click here! Share this:Click to email (Opens in new window)Click to share on...

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Growing the Global Franchise Industry

Did you know that ADP® serves thousands of franchise clients worldwide? As part of our commitment to the industry, our franchise channel is the founding sponsor of the International Franchise Association’s Franchise Action Network (FAN) and the well-known Franchisee of the Year award. ADP had a strong showing during the recent FAN annual meeting in Washington, D.C. Ahu Yildirmaz, vice president and co-head of the ADP Research Institute®, presented the keynote to the nearly 1,000 people in attendance. Through a unique analysis of the ADP National Franchise Report®, Ahu shared insights about employment trends among franchises. A few highlights include: Employment growth among franchises is outpacing employment growth among small businesses overall. Franchises have grown at 2.6%, whereas small business and the overall national employment has grown at 1.4% and 2.0%, respectively. Since the recession of 2008, franchises in the West and South have outperformed those located in the Northeast and Midwest. Recent trends suggest growth in all regions is beginning to converge. Regarding workforce composition, more females work...

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