[Fredslist] A LAYOFF ALTERNATIVE

[jag_psc at juno.com]

Good Morning Gotham,
DID YOU KNOW?

The Shared Work Program: a Layoff Alternative, from NY State Dept. of Labor 
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~It's No Longer Necessary To Lay Off Employees During Temporary Declines in Business.

Now there's SHARED WORK - the layoff alternative

Shared Work is a voluntary program that provides employers facing a temporary decline in business with an alternative to layoffs. Rather than laying off a percentage of the work force to cut costs, an employer can reduce the hours and wages of all or a particular group of employees. The employees whose hours and wages are reduced can receive partial unemployment insurance benefits to supplement their lost wages.

For example, an employee earning $400 per week might receive an unemployment benefit rate of $200, if totally unemployed. Under the Shared Work Program, if his wages and hours are reduced 20%, he would receive $320 per week in wages from his employer (20% of $400 equals an $80 reduction), and $40 in Shared Work Benefits (20% of $200). In other words, the employee would receive a total of $360.00 in wages and Shared Work benefits for each week of the plan.

The Shared Work Program helps employers avoid some of the burdens that accompany a layoff. If employees are retained during a temporary slowdown, employers can quickly gear up when business conditions improve. Employers are then spared the expense of recruiting, hiring, and training new employees, and employees are spared the hardships of full unemployment.

For more information, contact Debbie Mesloh
Industrial Business Zone Manager
718.786.5300 x 32
dmesloh at licbdc.org. 


Jeffrey A. Goldberg, Ph.D.
President
Personnel Sciences Center
140 Briarcliff Road
Westbury, New York 11590
Office        (516) 338-5340
Fax           (516) 338-5341
Cell           (516) 578-1366
E-mail        jag_psc at juno.com

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