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.
In January 2021, private sector employment in the U.S. rose by 174,000 jobs, according to the ADP National Employment Report. Small businesses added 51,000 jobs, medium businesses 84,000, and large businesses 39,000. The service sector saw a notable increase of 156,000 jobs, while goods-producing sectors added 19,000. The report reflects continued recovery in the labor market despite ongoing COVID-19 challenges. Notably, the December 2020 job loss figure was revised from -123,000 to -78,000.
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ADP has announced the expansion of its Next Gen Payroll Platform to Canada and Mexico, enhancing payroll experiences for businesses of all sizes. The platform, which is now operational with its first client in Mexico, enables greater transparency and predictive insights into payroll processes. Key features include a patented policy management system, global compliance capabilities, and continuous payroll calculation. ADP aims to address the complexities in payroll management and provide a scalable solution that supports organizational agility, aligning with current workforce demands.
The ADP Research Institute's Workforce Vitality Report indicates a 4.4% increase in average wages for U.S. workers, reaching $30.19 per hour. This growth is primarily driven by job losses among low-wage earners, as higher-income groups showed flat wage growth. Employment growth declined by -7.9%, with leisure and hospitality sector suffering the most at nearly -24%. Gender disparity persists, with women earning $8 less than men. Regional wage growth varied, with the Northeast experiencing the steepest decline in employment at -10.5%.
ADP Research Institute will release the January findings of the ADP National Employment Report, ADP Small Business Report, and ADP National Franchise Report on February 3, 2021 at 8:15 a.m. ET. These reports provide critical insights into private sector employment data, benefiting small businesses and franchises. The reports are based on payroll data from 460,000 U.S. clients and almost 26 million workers, produced in collaboration with Moody's Analytics. A media conference call will follow at 8:30 a.m. ET to discuss the data.
ADP, a leader in human capital management solutions, announced its second quarter fiscal 2021 results on January 27, 2021. The company will provide a revised fiscal 2021 outlook in its earnings release, accessible on its investor relations website. A conference call for financial analysts is scheduled for the same day at 8:30 a.m. ET, with a live webcast and slide presentation available online. Supplemental financial information from previous fiscal years will also be posted, aiding stakeholders in understanding ADP's performance.
The board of directors of Automatic Data Processing, Inc. (ADP) has declared a quarterly dividend of 93 cents per share, payable on April 1, 2021. Shareholders of record will need to hold shares by March 12, 2021 to receive the dividend. This announcement reflects ADP's commitment to returning value to its shareholders through consistent dividend payments. The company continues to focus on delivering innovative HR solutions and services, which supports its long-term growth strategy.
In December, private sector employment fell by 123,000 jobs, marking the first decline since April 2020, according to the ADP National Employment Report. Job losses were primarily seen in the leisure and hospitality sectors, with large businesses alone shedding 147,000 jobs. Small businesses saw a decrease of 13,000 jobs, while medium businesses gained 37,000 jobs. The report, which uses actual payroll data, signifies a concerning shift in the labor market as pandemic impacts deepen. The January 2021 report is set for release on February 3.
ADP Research Institute will publish its December employment findings on January 6, 2021, at 8:15 a.m. ET. This includes the ADP National Employment Report, ADP Small Business Report, and ADP National Franchise Report. The reports utilize payroll data from 460,000 U.S. clients, covering nearly 26 million workers. The release aims to provide insights into private sector employment, particularly for small businesses. Following the reports, a conference call led by Moody's Chief Economist Mark Zandi will offer context on the data.