Cycle time in business days from notification of required garnishment to the time the garnishment is processed in the payroll system and scheduled for withholding

This measure calculates the number of business days that elapse from notification of a required garnishment to the time the garnishment is processed in the payroll system and scheduled for withholding. Garnishment is an authorized stoppage of a specified sum from wages to satisfy a creditor or legal debt (e.g., outstanding federal loans, child support payments). This measure is a Cycle Time measure that helps companies analyze the duration of the process "process payroll taxes" process from beginning to end.

Benchmark Data

Lock

Sorry! Not all users have access to all of our resources.

Want to unlock access to all of our resources?

Learn about Membership Arrow with stem
Measure Category:
Cycle Time
Measure ID:
100534
Total Sample Size:
836 All Companies
Performers:
25th Median 75th
- - -
Key Performance Indicator:
No
Sample image showing interactive filters for more detailed measure peer group data and an interactive graph.

Compute this Measure

Units for this measure are days.

Back to Top
Cycle time in business days from notification of required garnishment to the time the garnishment is processed in the payroll system and scheduled for withholding

Key Terms

Back to Top

Cycle time is the total time from the beginning of the process to the end. This includes both time spent actually performing the process and time spent waiting to move forward.

Measure Scope

Back to Top

Cross Industry (7.4)

  • 9.5.3.1 - Develop tax plan (14075)
  • 9.5.3.2 - Manage tax plan (14076)
  • 9.5.3.3 - Calculate and pay applicable payroll taxes (10866)
  • 9.5.3.4 - Produce and distribute employee annual tax statements (10867)
  • 9.5.3.5 - File regulatory payroll tax forms (10868)