by Jim O'Connell
Social Security’s trustees confirmed in their 2015 annual report on July 22 that the Old Age and Survivors Insurance and Federal Disability Insurance (OASDI) trust funds are heading for insolvency.
The combined trust funds will be depleted in 2034, and beneficiaries, who then must rely solely on payroll tax revenue for their benefits, will be hit with a 20 percent cut. This doomsday scenario can be averted if Republicans and Democrats in Washington DC work together to put Social Security on a sound financial footing. Read more.
In their recent Technology Value Matrix for the first half of 2015, Nucleus Research places Ceridian and our Dayforce HCM application strongly in the Leadership quadrant - and top in usability. Nucleus indicates the certain factors as contributors to Ceridian’s rapid rise and increasing strength in cloud human capital management.
Read the entire analysis of Nucleus for more information about how Ceridian and Dayforce HCM lead the technology value matrix in 2015.