Automatic Data Processing, Inc. (ADP) is a global provider of cloud-based human capital management (HCM) solutions and business outsourcing services. The company operates primarily through two business segments: Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers comprehensive HR outsourcing and technology-based platforms for payroll, benefits administration, talent management, and workforce management. The PEO segment provides comprehensive HR outsourcing solutions to small and mid-sized businesses through a co-employment model, handling benefits, compliance, and payroll. Headquartered in New Jersey, ADP serves over 1.1 million clients and processes payroll for over 42 million workers in more than 140 countries. The company leverages its vast proprietary data and advanced analytics to provide insights into labor market trends and workforce dynamics.
