Work Share is good for employers, employees, and states. Work Share is a program that permits employers to maintain operational productivity during declines in regular business activity instead of laying off workers.
Employers Win
Business owners have been planning their reopen, but are concerned that employees will not want to return to work before the Pandemic Unemployment Assistance ends in July. By participating in WorkShare, employers can retain trained employees and avoid the expense of recruiting, hiring, and training new employees.
Employees Win
The employees who participate in the WorkShare program will be entitled to the employer wages, smaller state unemployment benefits, and PUA. As a result, employees will earn more wages than their state unemployment and federal PUA benefit.
States Win
The CARES Act rewarded states for having a Work Share program by picking up the tab for the unemployment payment to employees, relieving the burden off each state unemployment fund.
Resources on State Work Share Plans
27 States and the District of Columbia have Work Share Plans.
