article thumbnail

On-demand pay: the pros and cons of earned wage access

Workable

By offering flexibility and control over earnings, on-demand pay is reshaping the employee compensation landscape. Benefits of on-demand pay for employers In the ADP study , there’s positive sentiment among employers regarding the business benefits. For instance, 96% of employers offering EWA also find that their employees like it.

article thumbnail

Retaining Top Talent: 3 Strategies to Prevent Employee Turnover After Promotions

Recruiting Daily Advisor

Promotions have long been a way to celebrate successes and reward employees for a job well done, but recent data from ADP suggest a different reality. This data shows that promotions no longer guarantee higher retention rates of employees – but it doesn’t mean that anyone you promote is bound to leave.

Strategy 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ClearCompany’s 2021 Product Roundup | ClearCompany

ClearCompany Recruiting

We know that employee engagement has a huge impact on retention and productivity. Recruiters will also only see requisition information (including job requirements and compensation packages) for the roles they’re assigned to fill. We know your goal is to hire the right people for the job and keep that top talent at your organization.

article thumbnail

What You Need to Know About The Big Stay

Recruiting Daily Advisor

For the past few years, recruiting and retention have felt like Olympic-level difficulties. According to the ADP Research Institute, Americans are quitting their current jobs at a rate that’s down by 5% from this time last year. ADP also shared that job vacancies in March of 2023 were 9.6 percent according to ADP Pay Insights.

ADP 98
article thumbnail

As On-Demand Pay Gains Popularity, Data Shows How It’s Working

Recruiting Daily Advisor

Perception Versus Reality ADP, a payroll services provider that also offers EWA programs, surveyed 600 employers and 1,000 employees during the first quarter of 2022 about their thoughts on earned wage access. Another finding from the ADP survey shows that workers often underestimate how often they would take advantage of on-demand pay.

ADP 64
article thumbnail

Avionté Welcomes Christopher Ryan as Chief Strategy & Marketing Officer

Avionte

Chris comes to Avionté from ADP, where he served as the VP of Research for Strategic Advisory Services. In that role, Chris provided guidance to ADP’s diverse client base on a broad range of HCM topics, including HR Strategy, Regulatory Risk, and HR Technology. Labor Trends, employment practices, and workforce management.

article thumbnail

The 6 Best Trucking Payroll Software Vendors

Recruiting Blogs

Financial metrics: We are very much finance nerds and so use a product's retention rates, growth, profitability, and scale to understand whether or not it is truly best in class. Although not made specifically for trucking companies, ADP Run is their simple, fast, and affordable payroll solution for SMBs. Axon Software.