Work 4 days, EI 1 day: work-sharing as an alternative to layoffs
The Canadian government has a work-sharing program that is designed to help employers and workers avoid temporary layoffs. Workers must agree to the plan and employers must pay for full benefits. Staff get paid as usual by their employer for four days and collect Employment Insurance for the fifth day.The 2009 budget proposes increasing the coverage period. Interested in reading more?
Check out the Service Canada website.
A Canadian Press article, Work-sharing agreements a 'shockingly well-hidden' alternative to layoffs discusses some of the pros and cons for employers and employees.
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