ADP RUN articles

Even under the conservative specification of the GLI floor that assumed a 2% inflation target but ignored high unemployment, our framework would have still prescribed additional easing. Policy tightening under our approach would have required a GLI floor with a much lower assumption for the inflation target, closer to 1%, or a lower threshold for real wage growth. Figure 21GLI growth is a function of labor supply growth, real wage growth, and inflation. A conservative approach to setting the l […]

The Federal Insurance Contributions Act tax is a federal payroll tax that provides funds for social services like Medicare and Social Security. The vast majority of workers pay FICA taxes, and everyone pays the same rate regardless of income. FICA taxes are not part of income taxes, although they’re withheld from an employee’s paycheck in the same way, and no deductions or income exemptions apply to them.

Both employees and employers pay FICA funding Social Security Disability and […]

Public policy makers, organizational leaders, and individual workers will likely need to invest time and effort to figure out how to work together, or at least avoid working at cross-purposes, in the current and future world of work. Yet doing so could ensure that the future of work is both productive and rewarding for all parties.
They do not take a one-size-fits-all approach to the employee experience. Additionally, at the onset of this study, an extensive review of existing research on the […]

This process will keep an organization from good insight for continuous learning and improvement required for impact management. Offline mobile data collection reduces data entry pain and improves accuracy; however, organizations should have well-established processes to learn from the collected data after the data collection. Often most organizations work with impact practitioners to define the theory of change or logic model. Theory of change or logical framework is not just diagrams that th […]

However, it’s important to highlight certain legal and compliance policies, such as diversity, to make sure your employees are fully informed of their rights and have access to all necessary information. It can also protect you against lawsuits if you have your policies in writing. If you have a company employee handbook, workers can check policies themselves without having to ask their managers or HR any time they have a question or are unsure about what the procedure is. This is why it […]

The general rule in retail is to hire for attitude and train for skill. The most successful retailers use a combination of daily feedback and formalized classroom training to update their employees’ product knowledge and improve their people skills. Retailers who also choose employees considering cultural fit and interpersonal agility benefit from their greater customer engagement and generally suffer less employee turnover. These use CARE to train their employees on the most effective a […]