Greater Valley Chamber of Commerce to host webinar on Shared Work Program
Shared Work Program Webinar
Thursday, December 10 at 10:00 am
to supplement lost wages.
This innovative approach helps businesses to retain a talented workforce during an economic downturn and avoid the need to recruit, hire and train new labor when the economy recovers.
Eligible employers include companies with two or more workers that have hourly reductions within 10 to 60 percent of normal hours, provided the hours are not related to seasonal separation.
According to Chamber member Sam Simons, Co-President of Shelton-based OEM Controls, "The Shared Work program is vital for OEM Controls as it enables us to keep our highly-skilled workforce employed with their benefits. We have used this program during economic downturns and come out better and stronger-preventing layoffs and allowing us to continue the design and manufacture of our products."
To learn more about Shared Work and to register for Thursday's Webinar, please click here.
This is a release from the Greater Valley Chamber of Commerce.
The Chamber is pleased to partner with the Department of Labor in a campaign to spread awareness about the DOL's Shared Work Program.
Shared Work is an Economic Relief Program designed to help businesses prevent layoffs by allowing them to temporarily reduce employee hours and use partial unemployment benefits
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