The New York State Department of Labor has a special program called ” Shared Work CLICK HERE ” to support NY business with a slowdown, so the employee work reduced hours receiving wages and also collecting some of the unemployment benefits. This program allows:
- Save Labor Dollars – Adjust employee hours as needed. Employees working reduced hours receive less pay from your business (saving you money) AND a percentage of their unemployment benefits.
- Retain Employees – Cutting hours means you don’t have to cut personnel. You keep valued employees on the job while also avoiding the cost and challenges of recruiting new ones in a tight labor market.
- Increase Flexibility – Reduce or increase hours on a weekly basis, if needed, to meet your operational needs.
- Thrive in the Future – With your team in place, you’ll be well positioned to handle future growth by simply increasing hours when business picks up.
Once your business ramps up, the employees could go back to full time or you could use NY DoL tools for recruitment purposes CLICK HERE, which include:
- Post Jobs. The Job Bank has over 200,000 job listings across a wide array of industries.
- Find Candidates. NY Talent enables you to search thousands of resumes.
- Hold Career Fairs or Custom Recruitments. Events enable you to meet qualified candidates.
It is extremely important to know the resources available to NY businesses as in many cases business owners are not aware of programs that are available to them.
