DiversityInc List Now in Its 10th Year
ADP ®, a leading provider of outsourced HR, payroll and benefits administration services, has been named to The 2010 DiversityInc Top 50 Companies for Diversity® list and The DiversityInc Top 10 Companies for Latinos list for its demonstrated use of measurable diversity best practices and results. A total of 449 companies participated this year, up 12 percent from last year. Ranked 49, ADP has demonstrated strength in the four areas measured – CEO Commitment, Human Capital, Corporate and Organizational Communications and Supplier Diversity.
“In an increasingly global economy, our clients and markets are becoming more diverse. Collaboration by a diverse workforce fosters innovation and improves business results. At ADP, we view diversity as a critical component in understanding and exceeding the expectations of our clients which will contribute to our long-term growth,” said Gary Butler, President and CEO of ADP.
“The competition to be on the DiversityInc Top 50 list has grown again this year to 449 companies. In addition, the total data reflected increased diversity across all companies that competed. That means ADP has achieved a spot on our list as competition increased and as the competitors increased their accomplishments. This takes a remarkable commitment from top leadership,” said Luke Visconti, Chief Executive Officer of DiversityInc.
To qualify for the DiversityInc Top 50 Companies for Diversity, participating companies must have more than 1,000 employees and must fill out a detailed questionnaire based completely on empirical questions. The list, now in its 10th year, is metrics-driven and companies doing business with DiversityInc receive no advantage.
“This list represents the businesses that treat diversity as an ethical, moral priority and a powerful business tool. Far too many companies are way behind the curve and will find themselves in trouble in the next few years and decade,” continued Visconti, “A diverse work force changes the character and the culture of a company. Thinking that diversity is merely a ‘feel-good’ or politically correct strategy without real impact will leave companies on the wrong side of history.”
He noted that Census Bureau statistics show that 55 percent of Americans under 5 years old are not white. By 2016, more than 70 percent of the work force will be women or Blacks, Latinos, Asians and American Indians.
“The DiversityInc Top 50 is no beauty contest. It is a way to honor the visionary companies that understand being fair is a powerful business tool as well as the ethical and right thing to do,” concluded Visconti.
The announcement of the DiversityInc Top 50 Companies for Diversity and the 12 specialty lists* occurred on Tuesday, March 9th at a gala in Washington, D.C., and ADP will be featured in the June 2010 issue of DiversityInc Magazine.
DiversityInc was founded in 1998 as a web-based publication, and a print magazine was launched in 2002. To see the full ranking of the 2010 DiversityInc Top 50 Companies for Diversity as well as more information on the methodology, visit DiversityInc.com/Top50.
*Specialty lists: The DiversityInc 25 Noteworthy Companies, The DiversityInc Top 10 Companies for Recruitment & Retention, The DiversityInc Top 10 Companies for Supplier Diversity, The DiversityInc Top 10 Companies for Blacks, The DiversityInc Top 10 Companies for Latinos, The DiversityInc Top 10 Companies for Asian Americans, The DiversityInc Top 10 Companies for LGBT Employees, The DiversityInc Top 10 Companies for People With Disabilities, The DiversityInc Top 10 Companies for Executive Women, The DiversityInc Top 10 Companies for Global Diversity, The DiversityInc Top 5 Regional Utilities, The DiversityInc Top 5 Hospital Systems.
Automatic Data Processing, Inc. (adp.com), with nearly $9 billion in revenue and about 570,000 clients, is one of the world's largest providers of business outsourcing solutions. Leveraging 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 companies 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, phone 1.800.225.5237 or visit the company's Website.
For more information, contact:
Kate Finnerty, Cohn & Wolfe for ADP
P: (212) 798-9861