[quote=Coronita]
Side note. I don’t know why CA calls this program “worksharing” because one isn’t really working. A more accurate name might have been “free loading sharing” , but I guess “work sharing” sounds better.
[/quote]
The theory is that, instead of having a company layoff, say, 1 person out of 10 they keep all 10 employed 32 hours instead of 40. The company still keeps everyone on the payroll and the state still pays unemployment, but this encourages companies to eventually get to a point where all 10 are back to full time. If someone gets laid off entirely, there is less chance the company will ever bring them back.
So in essence, the work is shared during the downturn instead of having one person out of work completely.
I think it’s a smart program. Face it, the state was going to pay unemployment one way or the other. Might as well do it in a manner than nudges the company into keeping everyone – with a return to full time likely.
