Subscribe

login / sign up

close and back to page

Latest News

Latest News

Pay Equity Explorer from ADP Helps Organizations Attract, Retain Talent

Powered by ADP DataCloud, Pay Equity Explorer uses analytics and benchmarking data to help organizations improve their understanding of how they pay employees.

(ADP is No. 21 on the DiversityInc Top 50 Companies list)

Companies need to prepare for new U.S. government reporting requirements, known as EEO-1, which call for private employers with 100 or more employees (or those with 50 or more employees that have a federal government contract) to provide summary pay data and


hours worked along with demographic details including gender, race and ethnicity. The new reporting requirements take effect starting in March of 2018. As they prepare, many organizations want to dig deeper into understanding their pay practices.

To help in their quest for insights into pay practices, and building on a more than six-decade history of helping clients manage all forms of legislative and regulatory change, ADP has launched Pay Equity Explorer, powered by ADP DataCloud. Built on the biggest dataset in Human Capital Management, Pay Equity Explorer combines analytics and benchmarking to help employers gain a better understanding of

potential pay gaps and identify specific groups of employees for further analysis.

Specifically, Pay Equity Explorer can:

  • Identify potential pay gaps in jobs being performed by people in specific EEOC Protected Classes
  • Examine and address potential pay equity gaps at the intersections of race, gender, location and

    job to determine if action is required

  • Deliver "decision-quality" benchmarking data that helps ensure pay is not only equitable, but is

    also market-competitive

"Pay equity is not just a compliance issue, it is a critical business issue with a real impact on talent attraction and retention," said Don Weinstein, chief strategy officer, ADP. "Most organizations have difficulty accessing the necessary information to even understand if they have an issue. Now, with our Pay Equity Explorer, organizations can dive deeper into their pay practices and identify areas for improvement they may have not known before."

While companies need to get ahead of the new EEO-1 reporting requirement, they also need to address the growing expectation among current and future employees, business owners, investors and others when it comes to equitable pay practices. However, according to ADP Research Institute data, when it comes to awareness of the new EEOC requirements, just over half of mid-sized and nearly three-quarters of large companies are aware of these requirements, but only 20% report having a plan in place to manage these requirements. And, just about half of companies feel extremely or very confident they will be able to comply with the law by 2018.

To learn more about Pay Equity Explorer, to schedule a live product demo, or for additional resources about EEOC regulations, please visit http://adp.com/equalpay.

ADP: Addressing the Racial Pay Gap

As the U.S. Department of Labor reports, Black women earn 17 percent less than their white female counterparts and they bring in just 63 cents for every $1 a man makes.

ADP

Originally Published by ADP.

By Ann C. Logue

In the long run, eliminating the wage gap pays off.

Read More Show Less
adp

ADP: Loan Gifting Benefit Can Be a Potential Boost for Attracting and Retaining Talent

LoanBenefits for ADP Workforce Now grants each participating employee the option to speak with a loan gifting financial advisor who can guide participants toward the best payment program options for their situations.

Originally Published by ADP.

By Theresa Myers

Attracting, engaging and retaining talent is a challenge for many of today's top businesses. But for small businesses, these scenarios are becoming even more difficult, as the unemployment rate sits at historic lows and today's younger workers are more likely to switch jobs than wait for a promotion or raise.

Read More Show Less

ADP Report: Private Sector Employment Increased by 271,000 Jobs in December

"Although there were increases in most sectors, the busy holiday season greatly impacted both trade and leisure and hospitality. Small businesses also experienced their strongest month of job growth all year."

Originally Published by ADP.
Private sector employment increased by 271,000 jobs from November to December according to the December ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute® in collaboration with Moody's Analytics. The report, which is derived from ADP's actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.
Read More Show Less
adp

ADP National Employment Report: Private Sector Employment Increased by 179,000 Jobs in November

"Although the labor market performed well, job growth decelerated slightly," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute.

Originally Published by ADP.

Private sector employment increased by 179,000 jobs from October to November according to the November ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute® in collaboration with Moody's Analytics. The report, which is derived from ADP's actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.

Read More Show Less
adp

ADP Women in STEM Profile: Martha Bird

Martha Bird describes herself as "open hearted and pragmatic." It's really just another way to describe her position as a business anthropologist.

ADP

Originally Published by ADP.

By Heather Bussing

Martha grew up close to the land on her great-grandmother's farm and stayed into her 30s, farming vegetables and baking. "There's nothing like putting a plow into the ground and feeling the RPMs go down with the drag," Martha says. "I love the earth and soil. It keeps me grounded and helps me to see the extraordinary experiences in everyday life."

Read More Show Less
adp

ADP and Intuit Expand Relationship to Improve Integration Across Platforms

Cloud-based dashboard enhancements help reduce re-work, save time and provide access to award-winning compensation benchmarks for client consultation.

Originally Published by ADP.
ADP announced expanded integration with Intuit QuickBooks adding enhanced General Ledger Interface (GLI) mapping directly through Accountant Connects . This new interface, combined with enhanced Compensation Benchmarking, powered by ADP DataCloud, will enable accountants to provide a better service and add value to their clients. Through shared values and a commitment to creating industry-leading innovation, ADP and Intuit are better positioning accountants for the future; allowing them to provide a more comprehensive experience to their clients.
Read More Show Less
adp