Not a long haul employer; it is unlikely you--or any non-management employee--will ever see a full pension. Where the corporate culture once valued experience and tenure, these things are now a liability. The company is slowly purging long-term employees, creating a knowledge drain that is progressively worsening client satisfaction scores, as historically much information that has been traditionally transferred from veteran associates to newer associates is getting laid off or terminated for cause. It pays well for new employees, but try and have an exit strategy by the time you hit the ten year mark, the target on your back will just get bigger from then on. The change occurred when ADP hired its first CEO who didn't come up through the company culture, and instead is a run-of-the-mill MBA with no real clue how the company works or what made it successful in the first place. While payroll will likely continue to be a reliable workhorse, expect market share in the HCM marketplace to drop off as competitors move in with superior technology and service.