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) is a premier provider of comprehensive human resources management software and services headquartered in Roseland, New Jersey. Established in 1949, ADP serves over 1 million clients globally, primarily based in the United States. ADP’s services encompass payroll, human capital management (HCM) solutions, HR outsourcing, insurance, and retirement services.
ADP is organized into two main segments: Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers payroll and HCM solutions, HR outsourcing, insurance, and retirement services. The PEO segment, which is smaller but rapidly growing, provides HR outsourcing solutions to small and midsize businesses through a co-employment model.
In recent advancements, ADP has unveiled ADP Assist, a cutting-edge AI-driven solution that transforms work data into actionable insights, enhancing productivity and decision-making for HR professionals. The solution boasts a conversational interface that simplifies HR tasks, boosting overall workforce efficiency.
ADP’s latest technological innovations are driven by its extensive and unique dataset, which spans over 1 million clients across 140 countries, covering 41 million wage earners globally. This vast dataset is integral in training ADP's AI systems, ensuring precise and actionable insights are delivered to clients, aiding smart decision-making.
Furthering their commitment to innovation, ADP’s Marketplace has evolved to become the world’s largest digital HR storefront. Now incorporating AI-enabled partner solutions, ADP Marketplace offers clients enhanced ease and confidence in selecting solutions that best meet their HR needs.
ADP's financial health remains robust, as evidenced by their recent quarterly results and consistent job growth data from their National Employment Report. With a keen focus on secure and ethical data use, ADP ensures client data privacy and compliance, underpinning their trustworthiness in the market.
Learn more about ADP's advanced HCM solutions and the latest developments at ADP.com.
Automatic Data Processing (ADP) has announced its board of directors has declared a regular quarterly dividend of $1.54 per share. The dividend will be paid on April 1, 2025, to shareholders who are on record as of March 14, 2025. The announcement was made from the company's headquarters in Roseland, New Jersey.
ADP Research reveals concerning findings about global workforce skills development in their 'People at Work 2025' report. Only 24% of workers globally feel confident they have skills for career advancement, while merely 17% strongly agree their employers invest in their skill development.
The study, based on nearly 38,000 workers across 34 markets, shows workers who receive proper training are 6 times more likely to recommend their company and 3.3 times more productive. Regional disparities are significant: Middle East & Africa leads with 38% of workers confident in their advancement skills, while Europe lags at 17%.
Particularly concerning is the situation of cycle workers, with only 9% of men and 7% of women satisfied with upskilling opportunities. The research emphasizes that career advancement opportunities are second only to scheduling flexibility in retaining workers.
ADP's National Employment Report shows private sector employment increased by 122,000 jobs in December 2024, with annual pay rising 4.6% year-over-year. The report highlights a slowdown in both hiring and pay gains, with health care emerging as the leading sector for job creation in the second half of 2024.
Key sector changes include: goods-producing sectors added 10,000 jobs, while service-providing sectors contributed 112,000 positions. Manufacturing declined for the third consecutive month, losing 11,000 jobs. The West region led employment growth with 82,000 new jobs. Large establishments (500+ employees) dominated hiring with 97,000 new positions.
Pay insights reveal job-stayers' wage growth slowed to 4.6%, the lowest since July 2021, while job-changers saw a 7.1% increase, slightly down from November. The report is based on actual payroll data from over 25 million U.S. employees.
ADP (Nasdaq: ADP), a leading global provider of Human Capital Management solutions, has scheduled to release its second quarter fiscal 2025 financial results on January 29, 2025, before Nasdaq's opening. The company will host a conference call at 8:30 a.m. ET on the same day, featuring President & CEO Maria Black, CFO Don McGuire, and VP of Investor Relations Matthew Keating.
The financial results will be posted directly on the Investor Relations section of adp.com, rather than through a news wire service. A news wire alert will be issued to notify when the earnings materials become publicly available. The conference call will include a slide presentation and will be accessible via live webcast on ADP's website at investors.adp.com, with replay options available afterward.
ADP's November National Employment Report shows private sector employment increased by 146,000 jobs, with annual pay rising 4.8% year-over-year. Large employers led growth with 120,000 new jobs, while small establishments decreased by 17,000 jobs.
The service-providing sector added 140,000 jobs, with education/health services contributing 50,000 positions. Manufacturing showed weakness with a decline of 26,000 jobs. By region, the South led with 61,000 new jobs, followed by the Northeast with 38,000.
Pay gains accelerated in November, with job-stayers seeing a 4.8% increase and job-changers experiencing a 7.2% rise. The October jobs total was revised down from 233,000 to 184,000.
ADP, a global leader in human capital management technology solutions, has announced its participation in the upcoming Nasdaq Investor Conference in London. The presentation is scheduled for Tuesday, December 10 at 3:00 a.m. ET / 8:00 a.m. GMT. Investors and interested parties can access both the live webcast and archived replay of the presentation through ADP's investor relations website at investors.adp.com.
Fiserv (NYSE: FI) and ADP (Nasdaq: ADP) announced a strategic partnership to integrate their small business solutions. The collaboration will combine ADP's RUN payroll and HR platform with Fiserv's Clover management system and CashFlow Central platform. 87 percent of small business owners expressed interest in a unified business management system, according to Fiserv research. The integrated solution will offer U.S.-based small businesses comprehensive capabilities across payroll, cash management, and payments. The partnership will begin this quarter with services launching in early 2025.
ADP has released its HR trends forecast for 2025, highlighting key areas that will shape the workplace. The report focuses on five major trends: employee experience and well-being, skills-based success indicators, AI regulation in employment, pay equity and transparency, and the impact of generative AI across different business sizes. The report emphasizes the need for better work-life boundaries in remote environments, the importance of skills-based hiring approaches, increasing AI regulation compliance, pay data understanding, and varying AI adoption patterns across different company sizes.
ADP announced a $0.14 increase in its quarterly cash dividend to an annual rate of $6.16 per share, marking its 50th consecutive year of dividend increases. The new quarterly dividend of $1.54 per share represents a 10% increase and will be distributed on January 1, 2025, to shareholders of record on December 13, 2024. The company joins the elite group of 'Dividend Kings', companies that have increased dividends for at least 50 consecutive years.
ADP has announced the finalists for its 2025 HCM Distinction Awards, recognizing large employers excelling in human capital management and workplace innovation. The awards highlight organizations demonstrating excellence in organizational agility, inclusive cultures, workplace innovation, global performance, and employee experience enhancement. Winners will be revealed at the 40th Annual ADP Meeting of the Minds Conference in Las Vegas from March 18-21, 2025. The finalists include notable companies across five categories: Agility at Work, Culture at Work, Global Solutions at Work, Innovation at Work, and Talent at Work.
FAQ
What is the current stock price of Automatic Data Processing (ADP)?
What is the market cap of Automatic Data Processing (ADP)?
What services does ADP provide?
Where is ADP headquartered?
What is ADP Assist?
How many clients does ADP serve?
What is the ADP Marketplace?
How does ADP ensure data security?
What recent advancements has ADP made?
How does ADP use its data?
What is the ADP National Employment Report?
How long has ADP been in operation?
