PRTODAY / NewswireToday Free press release distribution service network

More news: Software
Written by / Agency / Source: Automatic Data Processing, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

ADP Study Reveals Gap Between Perception and Reality of Talent Management Capabilities - Most companies surveyed believe their talent management is on par with, or better than, their competitors, yet less than half actually measure results against peers (NASDAQ: ADP) - ADP.com
ADP Study Reveals Gap Between Perception and Reality of Talent Management Capabilities

 

NewswireToday - /newswire/ - Roseland, NJ, United States, 2011/10/04 - Most companies surveyed believe their talent management is on par with, or better than, their competitors, yet less than half actually measure results against peers (NASDAQ: ADP) - ADP.com. NASDAQ: ADP

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

ADP®, a leading provider of human resources outsourcing, payroll services, benefits administration and integrated computing solutions for vehicle dealers, today released a new study suggesting that companies may be overestimating the effectiveness of their Talent Management programs and strategies. The findings of the study, conducted by the ADP Research Institute and entitled “Talent Management 2011: Perceptions and Realities,” were released in conjunction with the 14th Annual HR Technology® Conference in Las Vegas, Nevada.

Surveying HR decision-makers at 602 large U.S. enterprises with 500 or more employees in August 2011, the ADPRI found that while 75 percent think that their companies are on par with, or better than, their peers in terms of Talent Management maturity, only 46 percent actually benchmark their Key Performance Indicators (KPIs) against their peers. This suggests a potential disconnect between perception and reality among companies that consider themselves high performers in Talent Management but do not benchmark the effectiveness of those strategies against other companies. The study also found that while almost all companies (95 percent) use KPIs to measure success internally, fewer than a third of the respondents rate their use of KPIs as “best in class” or “ahead of industry peers.”

“Organizations that don’t measure and benchmark their Talent Management strategies have a far less solid basis for judging the overall effectiveness and success of those strategies than those who do,” explains Tony Marzulli, Vice President, Product Management, ADP Talent Management Solutions. “Our study found that a majority of companies rate themselves high in Talent Management effectiveness, but very few are actually benchmarking their performance against peers and don’t have the data to support that assessment. Until those issues are adequately addressed, and organizations achieve visibility into their Talent Management processes, they will struggle to effectively measure their success against their own history and how they compare to their peers.”

According to the study, nearly half of the companies surveyed (42 percent) do not have a formal Talent Management strategy in place, and only 38 percent have a strategy that addresses all five key areas of Talent Management (development/learning; performance management; recruitment; compensation management; and succession planning). Since 75 percent of respondents feel their strategies are on par with or above their peers, this suggests that most HR decision-makers believe that having a Talent management strategy that does not address all five areas is acceptable.

To download a free copy of the full “Talent Management 2011: Perceptions and Realities” study, please visit adp.com/talent_management. HR Technology Conference attendees can also request a copy at the ADP booth (#409).

About the ADP Research Institute
The ADP Research Institute is a specialized group within ADP that conducts studies on current topics of interest to Human Resources and Payroll professionals.

About ADP
Automatic Data Processing, Inc. (ADP.com), with about $10 billion in revenues and approximately 570,000 clients, is one of the world's largest providers of business outsourcing solutions. Leveraging over 60 years of experience, ADP offers a wide range of human resource, payroll, tax and benefits administration solutions from a single source. ADP's easy-to-use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle, and heavy equipment dealers throughout the world. For more information about ADP or to contact a local ADP sales office, reach us at 1.800.225.5237 or visit the company's Website.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Automatic Data Processing, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


ADP Study Reveals Gap Between Perception and Reality of Talent Management Capabilities

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Jim Larkin - ADP.com 
973-407-9714 jim_larkin[.]adp.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Automatic Data Processing, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Automatic Data Processing, Inc. / Company Profile


Read Software Most Recent Related Newswires:

Oracle Named A Leader In The 2017 Gartner Magic Quadrant For Mobile App Development Platforms
U.S. Air Force Research Lab Taps IBM to Build Brain-Inspired AI Supercomputing System
IBM Launches New Technology Stack to Simplify Development of Microservices
AOS and IBM Developing Logistics and Transportation Solution Built on IBM Blockchain and Watson IoT
Innovabee Boosts Backup Speed 12X with NAKIVO VM Backup Appliance Based on Synology NAS
Xactly Powers Compliance for New Commission Expense Accounting Requirements Under ASC 606
IBM Accelerates Hybrid-Cloud Adoption with New All-Flash Mainframe Storage Solutions
Oracle Health Sciences Reimagines Clinical Development Technology with New Cloud-Based eClinical Environment of the Future
IBM Opens European X-Force Command Center in Poland
NAKIVO Announces New Features in the Upcoming v7.2 for AWS, VMware, and Hyper-V Backup
Beztak Grows Rental Income with Yardi RENTmaximizer
Leading Innovative Companies Select PTC Creo CAD Software
AIG, IBM, Standard Chartered Deliver First Multinational Insurance Policy Powered by Blockchain
Davigel Selects the OpenText Cloud to Manage Global Invoicing
Mentor Achieves ISO 26262 Qualification for Oasys-RTL, Nitro-SoC and FormalPro Tool Reports

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Persistence Market Research (P) Ltd

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)