This tag is associated with 4 posts

Work Sharing in the US

Short-time compensation (STC) is a program within the federal-state unemployment insurance system. In states that have STC programs, workers whose hours are reduced under a formal work sharing plan may be compensated with STC, which is a regular unemployment benefit that has been pro-rated for the partial work reduction. Although the terms work sharing and … Continue reading

Work share benefits both sides, not layoffs

“Work share benefits both sides,” says Wayne Vroman, a senior fellow at the Urban Institute, a nonpartisan Washington think tank focused on economic and social policy research. “Employers get to retain skilled workers and at the same time workers aren’t getting laid off.” Continue reading

New Mexico / Work-sharing, an alternative to layoffs

Instead of cutting jobs, a House bill aims to give companies the option of cutting hours instead. A proposal by Rep. Georgene Louis, D-Albuquerque, that passed the House Tuesday aims to create a “work-sharing” program in New Mexico. Under the bill, companies would have the option of agreeing with the state to trim the hours … Continue reading

US – Work-Sharing to Stop Layoffs with $100 Million to States

The Labor Department announced on Monday that it will be awarding almost $100 million in grant funding to states to prevent layoffs by allowing businesses to pay employees as part-time workers and the federal government will pick up the tab for the cost of a full-time paycheck. The “work-sharing” program was passed as part of … Continue reading

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