Anyone would care to chime in with a prediction about potential Automatic Data Processing layoffs? Any chatter, news or rumors?
18 replies (most recent on top)
So far hearing names in SBS, GPT and GETS
exodus has begun? what are you hearing?
the aforementioned exodus has begun....
@yymh+1dLo8PMF , Not quite right. 401k match is given in January but based on YTD earnings as of Dec 31st. So, everyone still there passed that hurdle.
Sadly, Post ID: @tnnx+1dLo8PMF, you are right on. I realized that I had fallen victim to exactly the scenario you mention. I was very good at what I did, but I realized that others, paid less, were almost as good in some areas and perhaps better in others. So, though I did not like being cast off, I understand some of the logic. Did the clients suffer? I think they did, but I let myself stay in my position longer than I should have. Food for thought for those with experience that are still there and not ready to leave.
January will be a mass exodus month for ADP ....remember 401k matches occur in January
“ ADPs current staffing model is to get rid of employees that make a fair living, and backfill with anyone that will accept entry level compensation to be micro managed in an OneADP Center.”
If you started with adp 20 years ago and you are still doing the same job or haven’t moved past one or two levels of advancement but are being paid double a new hire is consider if all your knowledge about how things used to be done is actually valuable. Are you earning that other FTE? At what point is it more expensive to pay you than what cost you reduce or value you create. It’s basic math.
You are doing yourself a disservice if you did not improve yourself and position yourself for the worst thing to happen. You are not a victim, you own your success and failure. Adp is not a non profit caretaker entity created to give you a job, it only owes you the hourly wage or salary you agree to accept. No company owes you anything beyond that and won’t be there when the red ink runs and if you think you are working at one now that you left ADP and think it’s different…you are just drinking a different flavor of cool-aid all over again.
ADPs current staffing model is to get rid of employees that make a fair living, and backfill with anyone that will accept entry level compensation to be micro managed in an OneADP Center.
It's no coincidence that the locations of OneADP Centers are in cities with access to cheap labor (and local tax breaks).
ADP couldn't have done a worse Job of reading the labor market as it relates to people's desire to work remotely (and Covid made it 10x worse). Now all that expensive office space just makes it harder to hire in a tight job market.
The rest of the HCM market is (very successfully) taking employees and leaders from ADP. Yes, the grass is greener.
Yeah, 8k positions. Havent you noticed the refer a friend incentive programs have been getting a lot of air time? Think theyre offering 2k if you reference someone and they last 90 days. Sign on bonuses are being handed out too.
The biggest holes to big filled are in payroll and benefits as I understand. But I couldnt say for certain since Im not in either of those.
Its not a gaurantee that there wont be layoffs, but it doesnt make sense to me to run lay offs if youre short about 17% of your normal staff.
Short 8000 jobs ? ?
But layoffs of good, tenured, knowledgeable employees in June and September ?
You can’t make this up. No forward thinking - why not try to place those that were being laid off in different positions ? Nah- just pay months of severance ( and happy to say I am now getting a salary and my severance ).
Were they short people in June or in September?.....layoffs still occurred! They may keep you around now just to dump you first opportunity they get
ADP has been and continues to target tenured associates to lower costs. Why not just offer VERP again? My educated assumption is that ADP is scared that if they offers VERP, there would be a mass exodus!
Ultimately, its best to avoid working for ADP (as echoed by multiple posters)
Doubt there will be layoffs for a while. Last I heard we are short roughly 8,000 emps. No way they can let anyone go right now.
One poster said:
“ Seeing as how they can’t keep or hire talent, they would have to be mo--ns to even think of laying anyone off in 2022. They need whoever they currently have to stay. “
The Problem is they ARE mor*ons.
Feel absolutely terrible for the colleagues we have left behind.
Terrible company, little to no opportunity for advancement with even worse management......avoid at all cost
Since it’s YE, it will be status quo for employees but when March comes around, there are normally layoffs.
It’s a sad culture and something that has gotten to be the norm. As someone who has recently been laid off and luckily found employment, there is life outside of ADP. Although not perfect - the grass is a bit greener over here .
Seeing as how they can’t keep or hire talent, they would have to be mo--ns to even think of laying anyone off in 2022. They need whoever they currently have to stay.
Perhaps ADP does belong on the Moon. Away from angry and dissatisfied clients and from mistreating and exploiting its workforce. Will finally have some peace and quiet on the airless Moon.
Elon is going to buy ADP and then send it to the Moon