ETA Announces Short-Time Compensation (Shared Work) TA Website and Resource Toolkit Nov 18, 2013
The Short-Time Compensation (STC) [shared work] program assists employers and employees alike during declines in regular business activity. By decreasing employee hours in lieu of layoffs and providing partial compensation through the Unemployment Insurance program, employees don't suffer a total loss of employment and employers maintain their skilled and ready workforce for when business demands increase.
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