Recorded: August 12, 2020
Description: As the repercussions of the pandemic continue to impact every sector of the economy, employers in the non profit sector are beginning to discover a program known as work-sharing. This program, available in half the states, enables employers who are facing a temporary economic downturn to avoid layoffs by instead reducing worker schedules and paying prorated unemployment insurance in the form of work-sharing benefits. As part of the CARES Act, Congress has made this program more accessible for public and non-profit employers by federally subsidizing work-sharing benefits.
This webinar will explains the mechanics of work-sharing, the benefits for employers and workers, and how employers with Employment Social Enterprises can best use the program to retain valued staff while maintaining financial stability through the recession.
George Wentworth – NELP