ROSELAND, N.J., Feb. 4, 2014 /PRNewswire/ -- ADP ®, a leading provider of Human Capital Management (HCM) solutions, today announced that it has been ranked number 20 in Training magazine's Training Top 125 rankings for 2014. The rankings were unveiled during an awards gala at the Training 2014 Conference & Expo being held February 3-5 in San Diego, California.
This marks the seventh consecutive year that ADP has been recognized in the annual Training Top 125 rankings, which recognize organizations for providing extraordinary employer-sponsored workforce training and development offerings. In addition, the company won a Best Practice award for its "Accelerating First Year Sales Performance" training initiative. The program was developed by ADP's Employer Services Sales Learning and University Recruiting groups. Performance tracking showed sales by first-year hires up almost 10 percent as a result of the effort.
"Effective training and development programs are not only critical to enabling current employees in delivering world-class client service, they are also important in identifying and developing new talent," said Yvonne Surowiec, vice president, global talent and learning at ADP. "Placing highly in the Training Top 125 rankings and winning a Best Practice award for our first-year sales performance program is validation of the value of ADP's end-to-end training processes."
Now in its 14th year, the Training Top 125 ranking is based on benchmarking statistics such as total training budget; percentage of payroll; number of training hours per employee program; goals, evaluation, measurement, and workplace surveys; hours of training per employee annually; and detailed formal programs. The ranking is determined by assessing a range of qualitative and quantitative factors, including financial investment in employee development, the scope of development programs, and how closely such development efforts are linked to business goals and objectives. For more information about Training magazine's Top 125, visit www.trainingmag.com.
With more than $11 billion in revenues and more than 60 years of experience, ADP® (NASDAQ: ADP) serves approximately 620,000 clients in more than 125 countries. As one of the world's largest providers of business outsourcing and Human Capital Management solutions, ADP offers a wide range of human resource, payroll, talent management, tax and benefits administration solutions from a single source, and helps clients comply with regulatory and legislative changes, such as the Affordable Care Act (ACA). 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, visit the company's Web site at www.adp.com.
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Training magazine is a 50-year-old professional development magazine that advocates training and workforce development as a business tool. The magazine delves into management issues such as leadership and succession planning, HR issues such as recruitment and retention, and training issues such as learning theory, on-the-job skills assessments and aligning core workforce competencies to enhance the bottom line impact of training and development programs. Written for training, human resources and business management professionals in all industries, Training magazine is currently published by The Lakewood Media Group.