Cycle time in business days to remove a terminated employee from the payroll system

This measure calculates the number of business days it takes to remove a terminated employee from the financial system that calculates employee wages based on factors such as taxes, vacation, salary, and withholding amounts. It is part of a set of Cycle Time measures that help companies analyze the duration of the process "manage pay" process from beginning to end.

Benchmark Data

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Measure Category:
Cycle Time
Measure ID:
100546
Total Sample Size:
1,145 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 the effective date that an employee is terminated until they are removed from the payroll system

Key Terms

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Cycle Time

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.

Full-time Employee, Part-time Employee, and Temporary Employee

Full-time Employee

For the purpose of this survey, a regular full-time employee is hired for an indefinite period of time and is normally scheduled to work forty hours per week. Appointment is continuous, subject to satisfactory performance and availability of funding.

Part-time Employee

For the purpose of this survey, a regular part-time employee is hired for an indefinite period of time and is scheduled to work less than forty hours per week.

Temporary Employee

A temporary employee is employed for a finite period of time, to fulfill a time-limited role, or to fill the role of a permanent employee who is absent from work. The length of time an employee can work for the organization and be considered a temporary employee may be governed by employment legislation.

Measure Scope

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Cross Industry (7.3.1)

  • 9.5.2.1 - Enter employee time worked into payroll system (10858)
  • 9.5.2.2 - Maintain and administer employee earnings information (10859)
  • 9.5.2.3 - Maintain and administer applicable deductions (10860)
  • 9.5.2.4 - Monitor changes in tax status of employees (10861)
  • 9.5.2.5 - Process and distribute payments (10862)
  • 9.5.2.6 - Process and distribute manual checks (10863)
  • 9.5.2.7 - Process period-end adjustments (10864)
  • 9.5.2.8 - Respond to employee payroll inquiries (10865)