TheFranklinParty
Well-Known Member
How many people have heard of the Shared Work Program?
If you have, then how come it isn't getting blasted in these forums?
For those of you, like myself, that have been in the dark on this program, let me give you the quick version.
If a company, because of the economic times, is about to lay off one or more workers, they can instead opt for the Shared Work Program. This program allows them to cut all of their workers hours and paycheck by at least 20%. The 20% pay loss to the workers will be covered by checks from the state through unemployment.
Yes you heard me right. The employer keeps all of the people working but at reduced cost and the state unemployment fund picks up the tab. How backwards could a plan be. The claim is that it will keep more people working but the reality is that it is tax payer dollars funding misguided socialism.
Let's look at the problems with this idea:
If you have, then how come it isn't getting blasted in these forums?
For those of you, like myself, that have been in the dark on this program, let me give you the quick version.
If a company, because of the economic times, is about to lay off one or more workers, they can instead opt for the Shared Work Program. This program allows them to cut all of their workers hours and paycheck by at least 20%. The 20% pay loss to the workers will be covered by checks from the state through unemployment.
Yes you heard me right. The employer keeps all of the people working but at reduced cost and the state unemployment fund picks up the tab. How backwards could a plan be. The claim is that it will keep more people working but the reality is that it is tax payer dollars funding misguided socialism.
Let's look at the problems with this idea:
- Most states have already run out of unemployment funds. This is coming from the stimulus package.
- This doesn't create jobs but instead provides funding for businesses that should be contracting and finding better ways to be more cost effective.
- This is being used as a way for companies to lower their payroll, creating an unfair advantage over more successful companies. These successful companies will then use the program, even if they don't need to, just to stay competitive.
- This program reduces the incentive to excel in your job. Instead of over achieving in order to make sure you are a valued employee, all you have to do is be average because good times or bad we'll make sure everyone is equal. That's what I want a team of average employees...not!
