Automatic Data Processing (NASDAQ:ADP) was among the many companies that appeared on the 2017 DiversityInc Top 50 Companies for Diversity list. The human capital management company was ranked position 17 and surprisingly this was its eighth consecutive year. According to the company’s President and CEO, Carlos Rodriguez ADP has showcased consistent commitment in diversity and inclusion runs.
“Our associates play an active role in advancing diversity and inclusion, and our leadership is accountable for accelerating that work and measuring its impact and success,” Rodriguez stated.
ADP works with Business Resource Groups
ADP has incorporated various Business Resource Groups, which help in driving its diversity efforts. The groups have different roles, which include advocating for women in technology. They also help in fostering a conducive work environments for their associates.
ADP’s Chief Diversity and Corporate Social Responsibility Officer, Rita Mitjans explains further the group’s contributions citing their engagement with associates. The company has also taken on local engagement and diversity committees that should also assist in the execution of its diversity and inclusion priorities throughout the U.S.
The eligibility of being in DiversityInc Top 50 list
ADP has been on record for its efforts in building a better workforce. This explains that getting to the DiversityInc Top 50 list did not just happen overnight. Eligibility of being in the list demands a company must have over 1,000 U.S.-based employees. However, this is not enough.
Diversity Inc’s extensive annual survey also looks out for other things the likes of senior leadership commitment, and talent development; while the company’s ability to hire and retain qualified people also works as a competitive advantage. The evaluation of companies is mainly within the context of their own industries and categories. Nonetheless, the competition was tight.
In the meantime, ADP’s stock closed at $97.51 a fall of $6.50 or 6.25%