Payroll Accounting

Employees Earnings Record and Wage Garnishments

The employee 's earnings record is a snapshot ' of hours , earnings gross wages , statutory

deductions , voluntary deductions and net pay generated for an employee for a specific

pay period . Employee earnings records provide details of the types of hours and

earnings paid to an employee . Additionally , employers and employees can view the

detail of statutory deductions , including federal and state tax deductions , tax levies

401 (k ) and other pretax deductions . Post tax deductions can be viewed as well , such as

union

dues , after tax reimbursements and after tax insurance deductions .The employee 's earning record can be viewed in several formats . You can have a per pay

earnings record , monthly , quarterly and yearly earnings record . The cumulative column

provides the quarter to date and year to date accumulated specific hours

earnings , taxes and deductions . Wages assignments or garnishments are the result of

specific agencies imposing a levy against an employee 's salary . Wage garnishments are

a mechanism used to collect over due monies owed to an entity for a given debt . In the

past , employers would discharge employees with wage assignments for a variety of

reasons . However , the most common reason was the administrative time and cost

involved with processing the work involved with garnishments Additionally

employers looked upon employees with garnishments as being financially unstable and

financially irresponsible . Given the unsettling economic picture of present times

discharging employees due to wage assignments is neither prudent or practical . Many

hard working people are struggling financially not because they are financially

irresponsible , but simply due to a volatile economy

ADP Small Business Services (2006...