{"id":197,"date":"2021-08-25T16:16:16","date_gmt":"2021-08-25T15:16:16","guid":{"rendered":"http:\/\/rethink-quarterly.local\/?page_id=197"},"modified":"2024-06-13T14:37:37","modified_gmt":"2024-06-13T13:37:37","slug":"issue-2-experimentation","status":"publish","type":"page","link":"https:\/\/rethinkq.adp.com\/issue-2-experimentation\/","title":{"rendered":"Issue 2: Experimentation"},"content":{"rendered":"\n

For the past year and a half, we\u2019ve been living in the world\u2019s largest-ever work experiment.<\/p>\n\n\n\n

It seemed like think pieces started popping up about \u201cthe new normal,\u201d \u201cthe great reset\u201d and how businesses might thrive after Covid-19 as soon as the pandemic began. But truthfully, 18 months in, the extent of the pandemic\u2019s effects remains ever-changing. <\/p>\n\n\n\n

Despite the upheaval, payroll professionals have shown up, figured out how to work smarter and gotten people paid. And that\u2019s why ReThink Quarterly’s Issue 2 theme is Experimentation. Changing how you do business can sometimes lead to unforeseen consequences, but it can also open up new possibilities. <\/p>\n\n\n\n

<\/div>\n\n\n
\n
\n \n
\n \"\"\n <\/div>\n
\n How musicians are getting paid in the pandemic<\/span>\n

Physical album sales are just 3% of their peak in the year 2000, music streaming services pay peanuts, and the pandemic halted touring. But artists are embracing new ways of making money.<\/p> <\/div>\n <\/a><\/div> <\/div>\n\n

\n \n
\n \"\"\n <\/div>\n
\n Has the time finally arrived for Universal Basic Income?<\/span>\n

With so many people around the world losing work during the pandemic, interest in UBI is on the rise. What have we learned so far?<\/p> <\/div>\n <\/a><\/div> <\/div>\n\n

\n\n

39%<\/strong><\/p>\n\n\n\n

women\u2019s share of global employment<\/p>\n\n\n\n

54%<\/strong><\/p>\n\n\n\n

women\u2019s share of pandemic job losses<\/p>\n\n\n\n

$11 trillion<\/strong><\/p>\n\n\n\n

value of unpaid caretaking done by women every year<\/p>\n\n<\/div><\/div>\n\n

\n \n
\n \"\"\n <\/div>\n
\n The shecession: Women\u2019s work, paid or unpaid, is rarely finished<\/span>\n

Employment cuts brought on by the pandemic have hit women hardest, exacerbating the gender pay gap. But even when women lose their jobs, they\u2019re never out of work.\n<\/p> <\/div>\n <\/a><\/div> <\/div>\n<\/div><\/div>\n\n

\n
\n \n
\n \"\"\n <\/div>\n
\n Bringing humanity to the boardroom<\/span>\n

In 2014, India mandated corporate social responsibility spending for all large companies. Now CSR funding tops $2 billion annually, with half of those funds dedicated to pandemic relief in 2020.<\/p> <\/div>\n <\/a><\/div> <\/div>\n\n

\n \n
\n \"\"\n <\/div>\n
\n Financial wellness programs essential for pandemic recovery<\/span>\n

As the Covid-19 pandemic has strained people\u2019s wallets around the world, more companies in Nigeria are\u00a0providing financial literacy services to employees.<\/p> <\/div>\n <\/a><\/div> <\/div>\n\n

\n \n
\n \"\"\n <\/div>\n
\n How digitizing payroll set the scene for a cashless society<\/span>\n

When companies started embracing direct bank deposits for employees\u2019 wages 50 years ago, it laid the foundation for today’s digital cash. <\/p> <\/div>\n <\/a><\/div> <\/div>\n<\/div><\/div>\n\n

\n
\n \n
\n \"\"\n <\/div>\n
\n How 6 people in S\u00e3o Paulo earn their reais<\/span>\n

S\u00e3o Paulo is Brazil\u2019s financial center and the largest city in South America. We talked with six Paulistanos about their first and future paychecks.\u00a0<\/p> <\/div>\n <\/a><\/div> <\/div>\n\n

\n\n

\u201cWomen are expected to be creative but aren’t expected to manage money well. I want to break these paradigms.\u201d<\/strong><\/p>\n\n\n\n


Juliana Ferr\u00e3o, owner of Empodera T-shirts<\/p>\n\n\n\n

<\/a><\/p>\n\n<\/div><\/div>\n\n

\n \n
\n \"\"\n <\/div>\n
\n Cuneiform tablets reveal secrets of Mesopotamian payroll<\/span>\n

Early payroll records were among humans\u2019 first steps toward a writing system, explains Ali H.O. Bnayan, an archaeologist and cuneiform expert from the Iraq Museum.<\/p> <\/div>\n <\/a><\/div> <\/div>\n\n

\n \n
\n \"\"\n <\/div>\n
\n Estonia, a Baltic tiger and tech hub<\/span>\n

This tiny nation has become a European tech hub and a global forerunner in e-government, becoming the first country to offer e-residency in 2014.<\/p> <\/div>\n <\/a><\/div> <\/div>\n<\/div><\/div>\n\n

\n
\n \n
\n \"\"\n <\/div>\n
\n Giving back during Ramadan in Indonesia<\/span>\n

In the past decade, Indonesia has seen a big increase in charitable giving. Our photographer takes you to the streets of Jakarta during this Muslim holy month when giving is at its peak.<\/p> <\/div>\n <\/a><\/div> <\/div>\n\n

\n \n
\n \"\"\n <\/div>\n
\n 3 payroll challenges your team could face in 2021<\/span>\n

On the road to post-pandemic recovery, the stumbling blocks payroll teams may encounter also provide opportunities to future-proof the business.\u00a0\u00a0<\/p> <\/div>\n <\/a><\/div> <\/div>\n\n

\n \n
\n \"\"\n <\/div>\n
\n Steal our charts: Issue 2<\/span>\n

Please feel free to use these visualizations and charts we\u2019ve created in your reports, presentations and social media. <\/p> <\/div>\n <\/a><\/div> <\/div>\n\n

\n\n

69% <\/strong><\/p>\n\n\n\n

of workers received a late paycheck during the pandemic, according to the ADP Research Institute<\/p>\n\n<\/div><\/div>\n<\/div><\/div>\n\n\n

\n

Sign up<\/a> to keep up to date with ReThink Q.<\/p>\n<\/div><\/section>\n","protected":false},"excerpt":{"rendered":"

Changing how you do business can sometimes lead to unforeseen consequences, but it can also open up new possibilities.\u00a0<\/p>\n","protected":false},"author":1,"featured_media":121,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":true,"footnotes":""},"coauthors":[7],"class_list":["post-197","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\nIssue 2: Experimentation - ADP ReThink Q<\/title>\n<meta name=\"description\" content=\"ReThink explores how, despite pandemic upheaval, payroll professionals have shown up, figured out how to work smarter and gotten people paid.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rethinkq.adp.com\/issue-2-experimentation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Issue 2: Experimentation - 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