Search
 

How wage garnishment affects employees (and employers)

According to a paper from the ADP Research Institute, 7 percent of the worker population has a garnishment. Understanding who these workers are and what factors are at play in their garnishment can help employers provide resources and support to alleviate their financial stress.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
The typical garnished worker is a middle-aged, male worker with children and income under $60,000. (Photo: Shutterstock)

According to a paper from the ADP Research Institute titled U.S. Wage Garnishment Landscape: Through the Lens of the Employer, 7 percent of the worker population has a garnishment. If you’re a small employer you’re more likely to have employees whose wages are being garnished than if you were a large employer.

The problem of garnishment also is particularly prevalent among certain demographics of employees — but regardless of the company and employees, wage garnishment is a major factor contributing to stress at work. Understanding who these workers are and what factors are at play in their garnishment can help employers provide resources and support to alleviate their stress. 

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

 

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.