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.

By Marlene Y. Satter | Updated on October 24, 2017
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?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Rising Stars: BenefitsPRO Luminaries 2024 Honorees

Rising Stars: BenefitsPRO Luminaries 2024 Honorees

BenefitsPRO Editors |

This category honors individuals and organizations who have been in the industry for five or fewer years but have already made an immediate and outsized impact on their colleagues, organizations, clients or the industry as a whole.

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 © 2024 ALM Global, LLC. All Rights Reserved.