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A work sharing plan is effective for 12 months. An employer operating under an existing work sharing plan can apply to extend the plan, add employees to an existing plan, or discontinue participation.
What is the STC program for short time compensation?
STC allows employers to reduce hours of work for employees rather than laying-off some employees while others continue to work full time. Those employees experiencing a reduction in hours are allowed to collect a percentage of their unemployment compensation (UC) benefits to replace a portion of their lost wages.
What is a job sharing program?
Job sharing means that two (or more) workers share the duties of one full-time job, each working part time, or two or more workers who have unrelated part-time assignments share the same budget line.
How much does California Workshare pay?
The Work Sharing benefits for this employee are 20 percent of the unemployment benefits the employee would receive if the employee were totally unemployed. If the employees weekly unemployment benefit amount is $300, the employee would qualify for $60 in Work Sharing benefits.
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by KG Abraham Cited by 9 The federal government should take several additional steps to make work sharing more available as an option for employers and to encourage the use of work
Portions of the registrants definitive Proxy Statement relating to its 2019 Annual Stockholders Meeting to be filed pursuant to Regulation 14A within 120 days
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