PODCAST - #HRHappyHour 259 - Big Data and Innovation at ADP

HR Happy Hour 259 - Big Data and Innovation in HR Tech at ADP

Hosts: Steve Boese, Trish McFarlane

Guest Host: Mollie Lombardi

Guest: Don Weinstein, Chief Strategy Officer, ADP

Listen to the show HERE

This week on the show Steve and guest host Mollie Lombardi were joined by Don Weinstein, Chief Strategy Officer at ADP for a conversation on how the power of huge data sets can help HR leaders and organizational leaders be more informed about their own businesses and make better decisions about people and operations. ADP's Data Cloud and Benchmarking tools are leveraging the aggregated insights from hundreds of thousands of customers and millions of employee records to provide information and insight to HR and business leaders in real-time. 

Additionally, Don provided an update on the one of 2015's HR Tech Products of the Year, the ADP Marketplace, and the continued importance of technology to enable better, faster, and less costly integration of multiple HR and Talent systems.

Finally, Don shared some thoughts on where HR technology and innovation may be heading in the coming years, and how your voice may become the next User Interface technology.

You can listen to the show on the show page here, or by using the widget player below, (email and RSS subscribers will need to click through)

This was a fun and interesting show, and we hope you check it out. 

Many thanks to Don and the entire team from ADP for hosting the HR Happy Hour Show. 

Be sure to subscribe to the HR Happy Hour Show on iTunes, Stitcher Radio, or your favorite podcast app - just search for 'HR Happy Hour' to subscribe and never miss a show.

PODCAST - #HRHappyHour 222 - Live from New York! - #HRTechConf

HR Happy Hour 222 - Live from New York with ADP!

Hosts: Steve Boese, Trish McFarlane

Guest: Don Weinstein, SVP, Product Management, ADP

Recorded Live at the ADP Innovation Lab in New York City, Friday September 25, 2015

LISTEN HERE

This week on the show, join Steve Boese and Trish McFarlane in an episode we recorded LIVE at the ADP Analyst Day in New York City.  We were thrilled to have Don Weinstein, SVP of Product Management at ADP, join us to talk about HR technology, the future needs of the workplace and share some of the exciting things ADP has been working on that are being released.

Don talks about how ADP is addressing the pain points of HR leaders and of business leaders in general with innovative solutions that touch literally hundreds of thousands of organizations and millions of employees.

The discussion then hits upon the ADP Marketplace, ADP's innovative solution for extending ADP's platform to a growing ecosystem of partners (and one that has been named a 2015 "Awesome New Technology" and will be showcased at the upcoming HR Technology Conference),  There are 60+ apps already available in the Marketplace, which will be expanded to the more than 350 partners that are in the pipeline.  ADP is transforming HCM by interconnecting the technology with the expertise they have and all the data that they have too.

You can listen to the show on the show page HERE, or using the widget player below:

Check Out Business Podcasts at Blog Talk Radio with Steve Boese Trish McFarlane on BlogTalkRadio

ADP is going through a great deal of innovation right now from the hiring process to the time that an employee leaves a company.  Tune in to hear how they are working to not only address the pain points leaders have, but to anticipate what the future needs of the organization will be.  Thanks to ADP and Don Weinstein for your hospitality at ADP Analyst Day and for sharing some of the exciting approaches you are taking to HCM and to work!

And remember you can subscribe to the HR Happy Hour Show on iTunes or using your favorite podcast app - just search for 'HR Happy Hour' to add the show to your favorites and you will never miss a show.

UPDATE: The ADP Workforce Vitality Index

Back at the HR Technology Conference in October, the folks at ADP introduced their latest measurement of the pulse and health of the American workforce and labor market, called the ADP Workforce Vitality Index.

The Index is compiled by the professionals at the ADP Research Institute and provides quarterly measure of U.S. workforce dynamics that looks at key labor market indicators, such as employment growth, job turnover, wage growth and hours worked. This free report yields insights into workforce dynamics and trends than previously available -the index includes lots of key metrics on employment, workforce strategy and human capital management.

Since HR Tech in October, most of the reporting on 'macro' labor market trends all seem to be signaling a tightening labor market, upward pressure on wages, and an environment where workers (at least the ones with the 'right' skills), have more and better options than they have had in years. 

The ADP data seems to bear this out, with an increase in overall 'Vitality' (a measurement of the total wages paid to workers across a number of dimensions), across regions, industries, and income levels.

Take a look at the latest report embedded below (Email and RSS subscribers may need to click through).

Overall, the data show real wages accelerating - the total real wages paid to the US private sector workforce, is Indexed to 110.6 in the third quarter of 2014 (2Q2011=100, Seasonally Adjusted), an increase of 0.77% from the previous quarter.

There is plenty more to dig into in the ADP data, especially if you are a data geek like me, and more information and complete data sets that can be downloaded can be found here.

One of the greatest potential benefits that the massive data sets that are available to the largest HCM solution providers make possible is the ability to analyze, synthesize, and derive insights from the aggregated data from thousands of employers and millions of employees. The ADP Workforce Vitality Index is a great example of this and hopefully, soon other providers with similarly robust HCM data sets will create their own unique reports and indices for use by HR and organizational leaders.