Automatic Data Processing, Inc. (NASDAQ: ADP) ADP, is a global provider of integrated computings and business outsourcing. ADP has nearly $8 billion in revenues and approximately 585,000 clients. ADP offers a range of HR, payroll, tax and benefits administration. ADP is headquartered in Roseland, New Jersey
ADP (Automatic Data Processing) was founded in 1949 by Henry Taub in Paterson, New Jersey as Automatic Payrolls, Inc. The first ADP office, a...
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Automatic Data Processing, Inc. (NASDAQ: ADP) ADP, is a global provider of integrated computings and business outsourcing. ADP has nearly $8 billion in revenues and approximately 585,000 clients. ADP offers a range of HR, payroll, tax and benefits administration. ADP is headquartered in Roseland, New Jersey
ADP (Automatic Data Processing) was founded in 1949 by Henry Taub in Paterson, New Jersey as Automatic Payrolls, Inc. The first ADP office, above Grinker’s Ice Cream shop, processed payroll manually with a bookkeeping machine, addressograph equipment, calculators and comptometers. The company's first full-time salesman was future U.S. Senator Frank Lautenberg. The company’s first account was New Era Dye and Finishing in Fair Lawn, New Jersey. With the introduction of punched card machines, mainframe computers and check printing machines, Automatic Payrolls became Automatic Data Processing in 1958.
ADP became a public company in 1961, with an initial stock price of $3. In the next...
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