More Related Content Similar to 5 Trends To Redefine Human Capital Similar to 5 Trends To Redefine Human Capital (20) 5 Trends To Redefine Human Capital1. 5 Trends that Will Redefine
Human Capital
Steve Hardy
Vice-President, Multinational Marketing
2. Five Critical Trends for Today’s Business
Pressure
to be more
Strategic
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3. Trend #1 - Globalization
Expanding Global Workforce
Nearly 40% of employees work
outside the home country
Pressure Integrated human capital
to be more management is key*
– Compensation Planning,
Strategic Performance, Learning, Self
service, mobile are also highly
desired
* ADP Research Institute MNC Market Study 2011
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4. Trend #2 - Demographics
Evolving Workforce
Demographics
Demographic
– 47% of all employees will have
Pressure been born after 1977 by 2013
to be more Mobile*
Strategic – 70% of employees will be mobile
Social**
– 52% of Executives now view
social networking as an effective
collaboration tool
* Frost and Sullivan, 2010
** SHRM Research Spotlight: Social Networking Websites and Staffing, August 2011
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5. Trend #3 - Integration
Need to Integrate and Simplify
On average companies have to
manage over 8 HR and Payroll
systems and/or vendors*
Pressure
to be more 58% of HR staff time spent on
administrative tasks**
Strategic
19% of time spent on feeding
data into multiple systems
* ADP MNC Market Study, May 2011
** ADP Research Institute Achieving Strategic HR
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6. Trend #4 - Compliance
Intensifying Compliance
Burden
~20K new pieces of legislation
worldwide affects employers
Pressure
to be more Less time to implement state /
federal employment tax
Strategic regulations
– Days vs. months
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7. Trend #5 - Talent
Attracting / Growing and
Retaining People
83% of CEOs list talent
management as their #1 priority*
Pressure
– Managing skills shortage
to be more
– Driving engagement and
Strategic productivity
– Retaining your people
Managing the entire employee life
cycle is critical
* Price Waterhouse Coopers 14th Annual CEO Survey, June 2011
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8. Talent Management Drives Business Results
higher revenue lower voluntary
26% per employee 17% turnover
more capable of retaining lower turnover among
109% high performers 41% high-performers
more capable of less likely to have had
87% hiring the best 28% a major layoff in 2009
better at responding to
92% economic conditions
better at planning for
144% future talent needs
9. ADP Helps Make Human Capital More Manageable
Career and Individual
Development Performance
Recognition,
Merit , Pay Management
Engagement,
Bonus, Incentive
Goal Alignment
Programs
On-Boarding Learning
Career
Sourcing, Development
Screening,
Selection
End to End, Human Capital Lifecycle Management
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10. Complete End-to-End, Global Human Capital Management
Cloud based Software
Recruiting Learning Performance Compensation Succession
Reporting
Analytics
Mobile
Portal
HR System of Record
Time and Labor Management
Payroll
Processing Managed Comprehensive
Delivered as a Service
Seamless integration. Complete End to End Suite. Innovative Cloud Based Delivery
10
11. Our Track Record In Meeting the Challenges
Globalization Talent
Serve ~7.5M employees outside US Over 9,000 Talent clients
Operate in 81 countries More than 95M total job seekers
Deep in country compliance expertise Over 2M pay adjustments and
Provide service and support in $125 billion in total comp managed
26 languages More than 2M completed performance
reviews on file
Demographics Compliance
Over 250K clients and 13M users 1,500+ associates interpret, manage
accessing ADP through the cloud legislative updates
Single mobile solution available for 2,000+ tax agency relationships
16+ ADP services, available in 12 Last 12 months processed:
languages – ~1.5M liens
– ~810K unemployment claims
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12. Our Track Record
Total Cost of Ownership
(Per Employee per Year)*
15% 24%
Increased Accuracy
Improved HR Service
Delivery and Employee
$1,202 Satisfaction
$1,020 $910 Achieve Overall Cost
Advantages With HCM
Outsourcing
In-House In-House Outsourcing
Solution Multiple Common Common
Platforms Platform Platform
* HCM, Payroll, TLM
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13. ADP’s Global Reach Helps Address Different
Needs of the Business
Attract and retain talent
HR Maintain headcount / increase productivity
Increase employee engagement
Meet agility needs of the business
Technology Reduce number of systems, vendors
Optimize spend, return on investment
Reduce costs
Finance Balance capital, operating expense
Increase margins
13 © Copyright 2012 ADP, Inc. Proprietary and Confidential Information.
14. Summary
Globalization and Shifting Demographics
Significant Business
1 Trends Impact HR
Integration and Compliance
Talent
Managing Talent CEO’s #1 Priority
2 Becomes Critical Measurable impact on business
Integrated cloud-based HCM suite
ADP is Positioned To
Lower total cost of ownership
3 Help Drive Your
Measurable impact to business
Success
One cohesive delivery and service model
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15. Thank you.
15 © Copyright 2012 ADP, Inc. Proprietary and Confidential Information.