Employment Security’s Shared-Work Program allows employers to temporarily reduce the work hours of their full-time employees by up to 50 percent, while the workers collect partial unemployment benefits to replace a portion of their lost wages.
Shared Work is great for employers because they get to keep their experienced and skilled workers.
The program is designed to be flexible to meet a variety of business needs – and it is working. A record 2,062 businesses and nearly 42,000 employees are currently participating in the program.
In a recent survey of participating employers, 56% said the Shared-Work Program has helped them survive the recession.
Information about the program is available online, search on “shared work,” or by phone at 800-752-2500.
Guest Author: Employment Security Commissioner Karen Lee