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ADP To Include Pay Details In New Methodology

US
  • ADP, STANFORD UNVEIL NEW METHODOLOGY FOR EMPLOYMENT REPORT - bbg
  • The first report with the new data series will be available Aug 31 having postponed reports on Jun 30 whilst working on the new methodology.
  • It will helpfully capture pay as well: "Pay Insights – ADP's new pay measure uniquely captures the salaries of the same cohort of almost 10 million individual employees over a 12-month period. The new monthly measure will report median annual pay growth by industry, business establishment size, U.S. region, gender, and age. Quarterly reports focused on pay will expand on key areas of interest, such as bonuses, benefits, and gender gaps."
https://mediacenter.adp.com/2022-08-23-ADP-Research-Institute-and-Stanford-Digital-Economy-Lab-Unveil-New-Methodology-for-ADP-National-Employment-Report
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