How a Work Share Can Benefit Both Employees and Employers

Layoffs are hard for the employee, the supervisors and the company as a whole. The decision to cut back on staff is never an easy one, but there is an alternative.

A work share is an alternative to layoffs and gives employers the chance to cut back on hours and salaries, instead of cutting back on staff. In return, employees can tap into their unemployment benefits. The idea has been accepted by several states and here's why: