ADP and Wolters Kluwer's CT Corporation Collaborate to Help Enterprises Streamline Their Wage Garnishment Processes
Handling wage garnishment orders can be challenging for companies to do on their own, as requirements vary by state, jurisdiction and the particular court ordering the garnishment. Differences in maximum withholding limits, calculations, lien priorities and response requirements can add yet additional layers of complexity. In addition, organizing and managing paper-based garnishment orders, which contain sensitive employee data, and coordinating communication among state agencies can be a drain on company resources and expose businesses to risk.
Working with a registered agent and third-party service provider can help businesses manage the process, but until now, companies often had to act as the middleman. Previously,
This collaboration and integration between
"According to the most recent study by the ADP Research Institute®, more than seven percent of employees had their wages garnished1. Businesses trying to manage this process in-house often have to dedicate extensive resources to track, document and submit garnishment orders," said
Employers may realize lower costs and greater efficiencies through garnishment automation because they will be able to realign staff and resources toward other key business functions. Also, the handling of garnishment orders electronically through such integrated solutions can help businesses reduce the risk of non-compliance, keep employee data more secure and improve turnaround time on garnishment orders since the orders will generally no longer need to be processed and mailed manually.
"In today's fast-paced environment, businesses don't have time to keep adding to their to-do lists," said
The Wage Garnishments module is part of the ADP SmartCompliance® platform. This platform adds a layer of services and best-practice processes to help companies close the gap between core HCM technology and the myriad of HCM-related compliance pressures they may face. This scalable solution marries people, process, and service with a company's systems to help off-load many of the risk-laden, manual and administrative tasks required of employers today and tomorrow.
Employers around the world rely on ADP® (NASDAQ: ADP) for cloud-based solutions and services to help manage their most important asset -- their people. From human resources and payroll to talent management and benefits administration, ADP brings unmatched depth and expertise in helping clients build a better workforce. A pioneer in
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1 Garnishment: The Untold Story -
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