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March 30, 2022Spread the word! The Shared Work Initiative Can Help Businesses Save on Labor Costs and Retain Employees
Spread the word! The Shared Work Initiative can help businesses save on labor costs and retain employees.
Member businesses likely experience changes that cause fluctuations in their workloads. They may occur for a variety of reasons; possibly due to seasonal adjustments, supply chain issues, or a lapse in demand. Whether a business experiences a one-time fluctuation or it occurs more frequently, Shared Work may be the solution they need.
Shared Work can help businesses save labor dollars and retain employees when changes occur that cause fluctuations in their workload.
Whether It’s ramping up to prepare for the busy season, winding down for the end of it, or the times in between, Shared Work can help.
When a business is experiencing a slow period and has more employees than it has work available, Shared Work can help.
When a business wants a plan for the future that includes alternative solutions to help ensure flexibility and fast response in challenging times, Shared Work can help.
Shared Work is in place for 53 weeks from the time an individual business plan starts, so it’s available as needed. Think of it as a safety net, because with Shared Work a business can save labor dollars and retain employees by adjusting work schedules to fit the work available. They can reduce hours during a slow period and then easily increase them when business picks up. While on a reduced schedule, employees receive reduced pay from the business and a percentage of their unemployment benefits.
Shared Work is a winning combination for businesses and employees! Call 518-457-2378, visit our website to learn more or simply get more information now on how Shared Work can help the businesses you support.
