ADP Acquires The
Marcus Buckingham Company

ADP has acquired The Marcus Buckingham Company (TMBC) to bring its clients a more scientific approach to employee engagement and performance. TMBC is a pioneer in using data and research to drive talent management practices that help managers build engagement and increase performance in their teams. Its unique approach empowers managers to coach employees based on their strengths and to custom-design teams based on those strengths. TMBC's cloud-based performance and talent management solution, StandOut, couples applications with coaching and education to give team leaders the tools, insights, and data needed to turn talent into better employee performance. This solution will now be offered as ADP StandOut. The acquisition of TMBC helps ADP further deliver on its talent management strategy of helping companies build better workforces through the strategic use of data and research.

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Paychex Adds
LPL Financial Solution

Paychex has expanded its service offering with LPL Financial, a leader in the retail financial advice market and the nation's largest independent broker-dealer. Paychex 401(k) recordkeeping clients who are supported by LPL advisors now have access to LPL's Employee Advice Solution (EAS) to be able to offer tailored financial advice.

With the addition of the Employee Advice Solution, Paychex now offers the full suite of tools and resources available within LPL's Employee Worksite Financial Solutions. Worksite is a guidance-based, beginning-to-end retirement solution designed to help employees create confidence in their financial life, offering retirement guidance, education, and managed accounts.

"Paychex is committed to providing 401(k) participants with the tools and education they need to navigate the retirement planning process with ease, flexibility, and service at every step," said Tom Hammond, Vice President of Corporate Strategy and Product Management at Paychex.

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EY Launches
Future Work Now

EY announced a new service offering and holistic program that helps companies develop workforces optimized for the new, highly digital work environment. Future Work Now offers business leaders configurable tools and processes to assist organizations in diagnosing, assessing, and leading transformation. Future Work Now offers business leaders a clear road map to organizational transformation. Future Work Now also connects to a new HR function of the future that engages and inspires those same employees to perform at new levels.

The seven interconnected levers of the Future Work Now framework help organizations transition to a more comprehensive talent management framework tailored to re-shape how they attract the right talent. The seven levers are collective purpose, global digital leadership, teaming ability, mind clarity, performance and rewards, technology experience, and physical environment.

"Effective leadership in this technology-driven era of workforce and workplace change will require a complete rethinking of how people, culture, and organizational strategies are managed," said George Brooks, EY Americas People Advisory Services Leader.

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Compliance TV - March

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