Subscribe

login / sign up

close and back to page

Latest News

Latest News

New ADP Innovation Helps Employers Tailor Payments to  Preferences of All Employees

Wisely Pay by ADP combines global cash card and ADP capabilities to create best-in-class payment offering.

Changes in talent demographics, working arrangements and technology are impacting how employees need and want to be paid. To meet these shifts, paycards and digital accounts are increasingly becoming attractive options, allowing employees to access their pay how and when they want. Additionally, employers now have the opportunity to take an active interest in the financial wellbeing of their workers to help them get the most out of their pay.


ADP is continuing its innovation momentum by revolutionizing the way people are paid by introducing Wisely Pay by ADP. Wisely Pay is the next step in ADP's constant evolution to put clients and their workers at the forefront of macro trends shaping the employment landscape, including the growing number of freelance individuals.

"The world of work is changing and our clients look to us as the market leader in payments, to help them better engage with their entire workforce," said Doug Politi, president of Compliance Solutions at ADP. "Wisely Pay is leading the way people get paid in the future as a true bank alternative, with innovative services like instant pay, savings, digital wallet, and other financial management and wellness features that are better aligned with the evolving workforce."

The functionality of digital accounts, including paycards, and ease of access to funds have made them particularly popular among Millennials. According to a recent report commissioned by ADP, almost half of Gen Z (47 percent) and nearly a third of Millennials (31 percent) would turn down a job if they were unable to choose their method of pay. Additionally, this report revealed that 47 percent of Millennials and 66 percent of Gen Z have used a pre-loaded payment card in the last 12 months.

Wisely Pay is the first offering resulting from ADP's acquisition of Global Cash Card and provides the administrative tools and support to enable employers of any size, industry and workforce blend of full-time, part-time and/or freelance workers to enjoy:

  • Advanced technologies: Best-in-class experiences for cardholders and administrators from ADP's in-house digital payments platform, built by Global Cash Card and ADP's award-winning Instant Funding APIs.
  • Pay flexibility: Wisely Pay offers multiple ways to receive, spend, and manage money, including fully electronic options like peer-to-peer transfers, instant pay, and mobile digital wallets by Apple Pay®, Samsung Pay® and Android Pay®.
  • Attracting and retaining talent: The multi-generational workforce places unique demands on employers and Wisely Pay helps satisfy the needs of workers by offering a banking alternative with numerous funding options, easy cash access, broad purchasing capability, ability to avoid paper check fees and modern financial management tools.
  • Peace of mind: With a 50-state electronic pay program, backed by market-leading expertise and experience in the regulatory landscape, employers can rely on ADP Compliance Solutions, advanced data security and single point-of-contact resolution for all employer support or cardholder issues (e.g. fraud prevention, dispute resolution).

The Wisely paycard will first be available to employers who select to offer sponsored accounts for employees in September 2018 in the United States

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