Ct work share program

Wondering what it's like to be on the program? Read about current Shared Work participants' experiences! Business can retain a talented workforce during economic downturns—rather than laying off the workforce and having to recruit, hire, and train new labor when the economy recovers — Shared Work employers can reduce overhead by temporarily cutting hours. Their employees keep their jobs at a reduced schedule, keep their benefits, and are able to file for partial unemployment benefits for the lost wages.

Shared Work Call: SharedWork ct. More than companies and 24, employees are now part of the Shared Work program. Shared Work has been helping businesses for 20 years, but a new U. DOL decision has renewed interest. Shared Work CT. New to Shared Work? It is a program run by the Connecticut Department of Labor , and is described as:. Rather than laying off a percentage of the workforce to cut costs, an employer may 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. These partial benefits are made possible through special eligibility regulations governing the Shared Work Unemployment Compensation Program.

One of the benefits of this program is that employees on this program can receive more benefits than if their employers just reduce their hours. Higher-income earners, in particular, do much better on the program because they would otherwise be locked out of the partial unemployment program due to their salary. The paperwork is relatively straightforward and the DOL is approving of these applcations in less than the 30 day normal waiting period.

We had one client that had their program approved in less than two weeks. Here are a few of their tips:.