ADP Offers Tips to Stretch the Dollar in Today's Economy
Market Wire, September, 2008
ADP Employer Services, a leading provider of HR, payroll and benefits administration services, today announced its annual National Payroll Week campaign to help educate workers on how to maximize their paychecks. In today's economic climate, ADP and the American Payroll Association (APA) highlight small businesses as the engine behind job growth and demonstrate how pre-tax payroll deductions can help small business employees stretch their earnings.
"According to the ADP Small Business Report , small businesses continue to outpace their larger counterparts in terms of job growth. With competitive pressures and everyday costs on the rise, small business owners can help their employees make the most of each paycheck," said Mike Martone, Chief Operating Officer, ADP. "By educating employees on the pre-tax programs available, business owners can boost employee satisfaction and loyalty, ultimately contributing to business objectives."
The 2008 campaign features a radio announcement designed to educate workers on the financial benefits received by enrolling in pre-tax and tax-advantaged programs, such as TRIP (Transportation Reimbursement Incentive Program), Flexible Spending Accounts, and 401(k) plans.
"Small business owners can provide helpful payroll-related benefits that can positively impact an employee's ability to save for retirement, a child's education, even commuting and health care costs," said Dan Maddux, Executive Director, American Payroll Association. "By offering these programs, small businesses can help employees keep up with the rising cost of living while controlling their own expenses."
Employees of all ages and in all industries can learn more about ways to maximize their paycheck by visiting www.mypaycheck.org and www.nationalpayrollweek.com . The sites feature a range of tools including:
-- Tips to manage and maximize your paycheck
-- Tax, college saving and retirement planning calculators
-- Articles and explanations about useful employee benefits and trends
-- A link to listen to, or download, the 2008 National Payroll Week radio
announcement
ADP works with companies of all sizes in all industries to offer flexible and affordable HR, payroll, tax and benefits administration solutions. For more than 10 years, ADP has served as the Diamond Sponsor of NPW, the highest sponsorship level available.
About National Payroll Week
Founded by the American Payroll Association in 1996, National Payroll Week celebrates the unique partnership among the millions of America's wage earners, their companies, and the Payroll Professionals who ensure that America's workers are paid accurately and on time. National Payroll Week also focuses attention on the payroll withholding system, and how wage earners can use it to help achieve their individual goals. More information about National Payroll Week can be found at www.nationalpayrollweek.com .
About ADP
Automatic Data Processing, Inc. (NYSE: ADP), with nearly $9 billion in revenues and over 585,000 clients, is one of the world's largest providers of business outsourcing solutions. Leveraging nearly 60 years of experience, ADP offers the widest range of HR, payroll, tax and benefits administration solutions from a single source. ADP's easy-to-use solutions for employers provide superior value to organizations of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine and recreational vehicle 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 Web site at www.ADP.com .
About APA
Established in 1982, the American Payroll Association (APA) is the nation's leader in payroll education, publications, and training. The nonprofit association conducts more than 300 payroll training conferences and seminars across the country each year and publishes a complete library of resource texts and newsletters. Every year, nearly 20,000 professionals attend APA training sessions. Representing more than 23,500 members, APA is the industry's highly respected and collective voice in Washington, D.C. For more information about APA go to www.americanpayroll.org or www.nationalpayrollweek.com , or contact Mark Coindreau, mcoindreau@americanpayroll.org , (210) 226-4600, extension 2277.
For more information, contact: Terry Corallo, ADP (973) 974-7612 Terrym_corallo@adp.com Jaclyn Savage Cohn & Wolfe for ADP (212) 798-9518 Jaclyn.Savage@cohnwolfe.com
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