ADP Anticipates 2020 to Deliver Smart and Personalized Work Experiences for Workers and Employers
ROSELAND, N.J., Nov. 25, 2019 /PRNewswire/ -- Regardless of age, industry or geographic location, as the workforce continues to evolve, so do the needs of workers, businesses and HR leaders. To better understand those needs, ADP®, a leading global technology company providing human capital management (HCM) solutions, uncovered the five HCM realities that will shape the workplace in 2020 and beyond. Among these realities, personalization and the ability to provide relevant and actionable solutions will be increasingly sought by companies as they strive to engage their workforce and strategically propel their business forward.
“The world of work has reached an inflection point, punctuated by a tight labor market and stabilizing wage growth,” said Don Weinstein, corporate vice president, global product and technology at ADP. “Amidst this landscape, we are seeing a business-critical convergence of technology and data in the workplace. In 2020, companies will look to leverage customizable tech solutions that meet the needs of their organization, their teams, and their workers to provide a more engaging and productive work environment.”
Trends Impacting and Informing the Workforce in 2020:
A team-based approach will change how work gets done.
Personalization will become paramount.
Compliance complexity will grow.
Data scientists and business owners will adopt a shared mindset.
Today’s evolving workforce will require adaptable technology.
In addition to broad-based trends in the workforce, ADP has also identified several vertical-specific trends impacting the gig economy, accounting industry, franchise industry, benefits and brokers, etc. For a more detailed look at all of the 2020 trends, please visit Spark.
About ADP (NASDAQ: ADP)
Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com
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SOURCE ADP, LLC