WorkShare - A Smart Alternative to Layoffs
If your company needs to reduce payroll costs because of a temporary decline in business, the WorkShare Program is your alternative to layoffs. WorkShare allows an employer to reduce the hours of work for employees in an entire company (or a small unit or department) and the employees receive UI benefits to supplement their reduced wages.
Your Business Advantage
When you develop a WorkShare Plan, you:
- Keep your skilled, trained workers
- Reduce future hiring and retraining costs
- Avoid disruption in your business operations
- Remain prepared for future business growth
- Maintain worker productivity
Charles F. Hurley Building
19 Staniford Street
Boston, Massachusetts 02114
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