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 (ADP) occupies a unique position in financial news coverage. As the company that processes payroll for approximately one in six U.S. workers, ADP's announcements carry weight beyond typical corporate news. The ADP National Employment Report, released monthly before the government's official jobs data, moves markets and shapes economic policy discussions.
ADP news coverage typically centers on several key themes. Earnings reports reveal trends in payroll processing volumes and employer spending on HR services, offering insights into broader labor market health. Product announcements in the human capital management space signal where workforce technology is heading. Acquisitions expand ADP's capabilities in areas like compensation benchmarking and benefits administration.
The company's dividend announcements attract particular attention from income investors. As a Dividend Aristocrat with more than five decades of consecutive dividend increases, ADP's payout decisions reflect management's confidence in sustained cash flow generation. Partnership announcements often highlight integration with healthcare, retirement, and financial wellness platforms that extend ADP's ecosystem.
For investors tracking workforce trends, ADP's news provides a window into employment patterns across industries and company sizes. Follow this page to monitor earnings releases, strategic developments, partnership announcements, and the economic indicators that make ADP's data influential in financial markets.
ADP will release the September findings of the ADP National Employment Report, ADP Small Business Report, and ADP National Franchise Report on October 6, 2021 at 8:15 a.m. ET. These reports provide vital insights into private sector employment, with data derived from ADP payroll data representing 460,000 U.S. clients and nearly 26 million workers. A media conference call led by ADP Chief Economist Nela Richardson will follow at 8:30 a.m. ET.
ADP has been recognized as the 2021 Top Large Company for Women Technologists by AnitaB.org, reflecting its commitment to gender equity within the tech sector. This distinction marks the second consecutive year ADP has achieved this honor. The program evaluated over half a million technologists from 56 companies, focusing on diversity metrics and workforce representation. ADP's leadership emphasized the importance of a diverse workforce to meet the unique challenges of today's employers and workers. The results underscore ADP's ongoing efforts to foster an inclusive workplace culture.
ADP has been recognized as a Leader in the Recruitment Process Outsourcing (RPO) category by Everest Group in its North America PEAK Matrix® 2021 Assessment. This accolade highlights ADP's commitment to integrating advanced technology with expertise to help clients navigate recruitment effectively. The evaluation criteria included Market Impact and Vision and Capability. ADP's ongoing investments in technology and advisory services have positioned it favorably within the RPO landscape, providing comprehensive talent acquisition solutions to businesses of all sizes.
ADP announced a significant update to its RUN Powered by ADP payroll platform, designed to assist small businesses in managing payroll more easily as they recover from the pandemic. The updated platform features a user-friendly interface, intelligent search capabilities, and a personalized dashboard. Enhancements include smart technology that flags potential payroll errors and provides state and local tax alerts. ADP aims to support small businesses with tools like automated payroll processing and easy job posting through ZipRecruiter integration.
ADP has been recognized as a Leader in the IDC MarketScapes for 2021 in areas including Integrated Talent Management, Learning Management, Performance Management, and Compensation Management. The report, which highlights ADP's enhancements since 2018, emphasizes its comprehensive suite of talent solutions that aid organizations from hiring to retiring employees. ADP's strengths include vendor viability, employee engagement capabilities, and a single-source integrated talent management portfolio. The IDC assessment also acknowledges ADP's commitment to innovation and adapting to new work environments amidst ongoing challenges.
Intercontinental Exchange (ICE) and ADP have launched a new data service aimed at enhancing investors' understanding of the U.S. municipal bond market. This service integrates ADP's aggregated human resources data with ICE's reference data on over one million municipal bonds. The data will provide insights into issuer financial stability, with metrics including average gross pay and income projections. This collaboration allows users to analyze trends and assess risks associated with municipal bonds to make informed investment decisions.
In August 2021, the ADP National Employment Report revealed a significant increase in private sector employment, adding 374,000 jobs from July. The report, derived from ADP's payroll data of nearly 26 million workers, showed small businesses added 86,000 jobs, medium businesses 149,000, and large businesses 138,000. Service-providing sectors dominated job creation, contributing 329,000 jobs, while goods-producing sectors added 45,000. Despite this growth, uncertainties remain due to the Delta variant impacting the labor recovery.
ADP Research Institute will release the findings of the ADP National Employment Report, ADP Small Business Report, and ADP National Franchise Report on September 1, 2021, at 8:15 a.m. ET. These reports are derived from extensive payroll data covering 460,000 U.S. clients and nearly 26 million workers, collaborating with Moody's Analytics. The ADP Small Business Report focuses on businesses with 49 or fewer employees, while the ADP National Franchise Report measures changes in franchise employment from 15,000 franchisors.
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