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.

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Measure Category:
Cycle Time
Measure ID:
100534
Total Sample Size:
837 All Companies
Performers:
25th Median 75th
- - -
Key Performance Indicator:
No

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Compute this Measure

Units for this measure are days.

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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

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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

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Cross Industry (7.3.1)

  • 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)