Welcome to our dedicated page for Automatic Data Processing news (Ticker: ADP), a resource for investors and traders seeking the latest updates and insights on Automatic Data Processing stock.
Automatic Data Processing, Inc. (ADP) (Nasdaq: ADP) is a global technology company focused on human capital management and HR and payroll solutions. The ADP news feed on Stock Titan highlights announcements that reflect both its role as a public company and its position in the HR and employment ecosystem.
Investors and observers can find corporate actions such as regular quarterly dividend declarations and authorizations to repurchase common stock, which provide insight into ADP’s capital allocation decisions. The news stream also features earnings‑related updates, including schedules for quarterly financial result releases and details on associated conference calls and webcasts for analysts and shareholders.
Because ADP is a major provider of payroll and HR services, its news often includes labor market research from ADP Research. Releases on the ADP National Employment Report, NER Pulse, and Pay Insights summarize changes in private‑sector employment and pay based on anonymized payroll data, produced in collaboration with the Stanford Digital Economy Lab. These items can be useful for readers interested in broader economic and employment trends.
Product and partnership updates also appear in ADP’s news. Examples include the integration of the Thatch ICHRA platform into RUN Powered by ADP for small and mid‑sized businesses, and client‑focused initiatives such as the HCM Distinction Awards and the Meeting of the Minds conference. Together, these categories of news provide a view into ADP’s technology roadmap, client engagement, and research output, making the ADP (ADP) news page a useful resource for tracking developments around the company and its role in the world of work.
ADP's September National Employment Report reveals a strong private sector job increase of 208,000 jobs, up from 185,000 in August, alongside a 7.8% year-over-year growth in annual pay. Notably, job growth is below the three-month average, and job changers experienced a decline in pay growth to 15.7%. The report shows significant job creation across service-providing sectors, with the South leading with 89,000 jobs. While the labor market remains stable, annual pay growth for job changers has slowed, marking a significant change in trends.
ADP has been recognized as the 2022 Top Company for Women Technologists in the Large Technical Workforce category by AnitaB.org, marking the third consecutive year of this honor. This program evaluates gender and racial representation in technical roles across over 400,000 employees from 52 companies. ADP scored highest among those with more than 10,000 technical staff, showcasing its commitment to gender equity and inclusion in the workplace. The recognition highlights ADP’s initiatives, such as the Advancing Women in Leadership Program, aimed at empowering women in technology.
ADP (Nasdaq: ADP) will announce its financial results for the first fiscal quarter ending September 30, 2022, on October 26, 2022, before the Nasdaq opens. A conference call will commence at 8:30 a.m. ET the same day, featuring CEO Carlos Rodriguez and other executives. The financial results will be accessible via the Investor Relations section on ADP's website, with a news alert to notify the public. Investors can participate in the call through a live webcast and view the slide presentation shortly before the event.
ADP announced that private sector employment increased by 132,000 jobs in August 2022, according to the ADP National Employment Report. Annual pay growth was reported at 7.6%, consistent with previous months since Spring 2022. Job creation has shown a decline from nearly 270,000 jobs in the previous month. The report suggests a shift to a slower hiring pace as companies navigate economic uncertainties. Additionally, insights reveal significant regional variations in job creation across the U.S., with the South leading at 76,000 jobs added.
ADP has partnered with Managed Health to introduce the Managed Health Champ Plan, an innovative healthcare solution aimed at enhancing employee benefits while providing cost savings for businesses. This independent benefit plan offers employees improved access to healthcare services at a zero net-out-of-pocket cost. The plan is designed to complement existing corporate health insurance and features a structured Section 125 plan to yield significant savings for employers. ADP will provide this alongside its RUN Powered by ADP Enhanced Payroll service.
ADP and the Stanford Digital Economy Lab will release the August 2022 non-farm private jobs report on August 31, 2022, at 8:15 a.m. ET. The report includes data from over 25 million U.S. workers, providing insights into the labor market.
ADP's pay measure analyzes salaries of about 10 million employees over a 12-month span, contributing to a comprehensive overview of employment changes. Following the report, ADP Chief Economist, Dr. Nela Richardson, will discuss the findings in a media conference call.
The ADP Research Institute, in collaboration with the Stanford Digital Economy Lab, has launched a new high-frequency data series for the ADP National Employment Report. Available starting August 31, this innovative methodology aims to provide detailed insights into U.S. workforce dynamics, encompassing jobs and pay data from over 25 million workers. Key features include a monthly jobs report detailing non-farm private employment changes and unique pay insights capturing median annual pay growth across various sectors. This initiative seeks to enhance labor market analysis and provide reliable economic indicators.
ADP has been recognized with an eighth consecutive "Top HR Product" award at the 2022 HR Technology Conference for its Intelligent Self-Service solution. This innovative tool utilizes predictive analytics and machine learning to proactively resolve common HR issues, significantly reducing the workload of HR practitioners. The solution addresses an estimated one-third of HR case volume, enhancing employee experience by enabling faster issue resolution. Key features include Action Cards, a Virtual Assistant, Policy Personalization, and streamlined Case Management.
The board of directors of Automatic Data Processing (Nasdaq: ADP) announced a quarterly dividend of $1.04 per share, payable on October 1, 2022. Shareholders on record as of September 9, 2022 will receive this dividend, reaffirming the company's commitment to returning value to its shareholders.
ADP announced its fourth quarter fiscal 2022 financial results and provided an outlook for fiscal 2023. The results are detailed in its earnings release accessible on its website. A conference call for financial analysts is scheduled for July 27, 2022, at 8:30 a.m. ET, available via webcast. Supplemental financial data, including quarterly and full-year segment revenues, will also be posted online. ADP focuses on human capital management solutions, striving for innovative workforce management solutions.