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In 1961, the company changed its name to Automatic Data Processing, Inc. (ADP), and began using punched card machines, check printing machines, and mainframe computers. ADP went public in 1961 with 300 clients, 125 employees, and revenues of approximately $400,000 USD. The company established a subsidiary in the United Kingdom in 1965.
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Download the ADP mobile app. Scan the QR code with your device to begin (If your employer supports the mobile experience). Secure and convenient tools right in your hands for simple, anytime access across devices.
401 (k) In the United States, a 401 (k) plan is an employer-sponsored defined-contribution pension account defined in subsection 401 (k) of the Internal Revenue Code. Employee funding comes directly off their paycheck and may be matched by the employer. There are two types: traditional and Roth 401 (k).
Just call it another sign, albeit a modest one, that the recession may be bottoming. The private sector cut only 491,000 jobs in April, according to data compiled in the ADP National Employment ...
Last week's surprisingly sharp decline in the unemployment rate from 9.4% to 9% and equally surprising anemic job growth -- 36,000 new jobs -- left a lot of investors scratching their heads. How ...
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