The Connecticut Department of Labor’s

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Presentation transcript:

The Connecticut Department of Labor’s SHARED WORK PROGRAM The Connecticut Department of Labor’s Shared Work Program Place verbiage in a footprint or circle center stage parking lot. Helping companies save money and retain skilled employees during a business slow down.

What is Shared Work ? Shared Work is a voluntary program. It offers an alternative to total layoffs. Employers can reduce eligible employees hours and they receive a portion of their weekly unemployment compensation. It cushions the adverse effect of the reduction in business activity and helps maintain business continuity. 2 2

What are the Benefits? Preserves skilled employees & maintains product/service quality Maintains employee health & retirement benefits Flexibility Employers are able to reduce employees’ work week between 10 – 60% Employers save on the expense of recruiting, hiring, and training new employees

Here’s how Shared Work Compares to a Layoff John works 40 hours per week and earns $20 an hour in regular pay. Under the Shared Work program, John’s hours are reduced by 20 hours per week, from 40 hours to 20 hours, or a 50% reduction. $20 x 40 hours per week = $800 ____________________________ Total weekly UC payment = $400 20 hours regular pay = $400 + Weekly Shared Work payment = $200 _____________________________ Total weekly income = $600 100% Layoff Unemployment Compensation 50% Work Reduction with Shared Work Compensation *** All payments reflect the gross amount *** A difference of $200 per week with the Shared Work program

How do I Apply? Fill out the Shared Work Application, located online at: SharedWorkCT.com Complete the application and send it to the Labor Department – By email : DOL.SharedWork@ct.gov By fax : 860.263.6681 By mail : CTDOL Shared Work program 200 Folly Brook Blvd., Wethersfield, CT 06109 You will receive a response within 30 days of your approval or denial.

Contact Us! Department of Labor Shared Work Telephone: 860.263.6660 Visit: SharedWorkCT.com Email: DOL.SharedWork@ct.gov Back to Table 1 Contact us for Spanish