oregon work share business and the state of oregon working together to reduce layoffs

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Oregon Work Share Business and the State of Oregon Working Together to Reduce Layoffs

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Page 1: Oregon Work Share Business and the State of Oregon Working Together to Reduce Layoffs

OregonWork ShareBusiness and the State of

Oregon Working Together to Reduce Layoffs

Page 2: Oregon Work Share Business and the State of Oregon Working Together to Reduce Layoffs

Overview: What is Work Share?

Work share: a program that offers an alternative to laying off employees. Advantages for Employers and Employees

Work share: uses regular unemployment insurance benefits to compensate for the lost wages. Impact to Employer Tax Rate

Work share: Eligibility Conditions

Page 3: Oregon Work Share Business and the State of Oregon Working Together to Reduce Layoffs

A Program Beneficial to Everyone:

Oregon Work Share

A voluntary program

Avoids layoffs

Preserves jobs by using a portion of Unemployment compensation

Maintains work skills during temporary declines in business activity

Cushions the adverse effect of work reduction

Advantages for Employers

Page 4: Oregon Work Share Business and the State of Oregon Working Together to Reduce Layoffs

Continuous employment

Maintain skills

Work and earn wages and receive a portion of UI benefits

Continuation of health care and retirement benefits

A Program Beneficial to Everyone:

Oregon Work Share

Advantages for Employees

Page 5: Oregon Work Share Business and the State of Oregon Working Together to Reduce Layoffs

John Doe normally works 40-hours per week and earns $600 in regular pay. Under the Work Share program, John’s hours are reduced by 1 day of work per week- from 5 days to 4 days (a 20% reduction). How does this compare to a total layoff for John?

How Work Share Compares to a Layoff?

Hours worked: 0

Hours worked: 32

(20% of UC Benefit)

Page 6: Oregon Work Share Business and the State of Oregon Working Together to Reduce Layoffs

Benefits paid under a Work Share plan are charged against an employer’s account the same manner as regular UI benefits.

Effect of Work Share on UI Tax Rate

Page 7: Oregon Work Share Business and the State of Oregon Working Together to Reduce Layoffs

Any employer with three or more employees

Employees are eligible for UI benefits

Hours are reduced at least 20% and not more than 40%

Plans last no more than one year

Employees must be fully available for work with their Work Share employer

Worked continuously for six months on a full-time basis, or for one year, on a part-time basis

Eligibility Conditions

Page 8: Oregon Work Share Business and the State of Oregon Working Together to Reduce Layoffs

Oregon Employment DepartmentAttn: Work Share875 Union St NESalem, OR 97311

503-947-1649800-237-3710 ext. 71649

Fax: [email protected][email protected]