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 (Nasdaq: ADP) will release its financial results for the third fiscal quarter ending March 31, 2022, before the Nasdaq opens on April 27, 2022. A conference call is scheduled for 8:30 a.m. ET on the same day, featuring CEO Carlos Rodriguez, CFO Don McGuire, and VP of Investor Relations Danyal Hussain. ADP will no longer distribute results via news wire; instead, findings will be posted on its Investor Relations website, with an alert indicating availability. Interested parties can listen to the call via live webcast.
According to the ADP National Employment Report, private sector employment rose by 475,000 jobs in February 2022. The report highlights a significant growth in large businesses, adding 552,000 jobs, while small businesses saw a decline of 96,000 jobs. The service-providing sector contributed 417,000 jobs, dominated by leisure and hospitality, which added 170,000 jobs. The January job addition was revised to 509,000 from an initially reported decline. This report, produced in collaboration with Moody's Analytics, utilizes actual payroll data from ADP.
ADP Research Institute will release the February findings from the ADP National Employment Report, ADP Small Business Report, and ADP National Franchise Report on March 2, 2022, at 8:15 a.m. ET. These reports, derived from payroll data of 460,000 U.S. clients representing nearly 26 million workers, provide key insights into private sector employment and franchise employment trends. Following the release, a media conference call will feature ADP Chief Economist Nela Richardson at 8:30 a.m. ET to discuss the findings.
ADP has been recognized as a Leader in the Recruitment Process Outsourcing (RPO) NEAT 2021 assessment by NelsonHall, highlighting its capabilities in talent acquisition. The firm excelled in categories such as Talent Acquisition Transformation, Innovation in Technology, and Geographic Scalability. This recognition underscores ADP's commitment to evolving its services to meet client needs amidst changing work environments. ADP's innovative solutions, including its AIRS recruitment training program and the ADP DataCloud platform, position the company well to support clients in overcoming hiring challenges.
ADP announced the appointment of David Goeckeler to its Board of Directors, effective February 14, 2022, increasing the independent director count to 11. Goeckeler brings extensive experience in technology, previously serving as CEO of Western Digital and leading Cisco's Networking and Security Business. His expertise in cloud computing, cybersecurity, and business innovation is expected to drive ADP's growth and digital transformation in human capital management solutions. The Board plans to return to a smaller size of 10 directors in the future.
According to the January 2022 ADP National Employment Report, private sector employment dropped by 301,000 jobs from December to January. Small businesses were notably affected, losing 144,000 jobs, while medium and large businesses lost 59,000 and 98,000 jobs respectively. The service-providing sector saw a significant decline of 274,000 jobs, with leisure and hospitality suffering the largest losses. Overall, this marks the first job decline since December 2020, largely influenced by the Omicron variant's impact during the recovery phase.
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ADP announced the launch of #TeamADP, a global lineup of professional golfers who utilize data and insights to enhance their strategies on the PGA, LPGA, and European Tours. The team features notable players including Danielle Kang, Georgia Hall, and Sam Burns, emphasizing the importance of a well-planned approach in achieving success. Gus Blanchard, chief marketing officer at ADP, highlighted the parallels between sports and business, noting ADP's role in helping clients tailor their strategies for greater success. Learn more at ADP.com/athletes.
ADP has been recognized as a Leader in NelsonHall's Cloud-Based HR Transformation Services NEAT 2021 evaluation. This accolade highlights ADP's strong capabilities in meeting client needs with its integrated service and technology in Business Process Outsourcing solutions. The evaluation praised ADP for its efficiency-focused BPO offerings, including robust analytics and automation features. ADP's commitment to innovation, supported by a clear roadmap, solidifies its reputation in HR outsourcing, making it an attractive option for organizations seeking comprehensive HR and payroll solutions.
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