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Download Now The Arizona Department of Economic Security has instituted the Shared Work Unemployment Compensation Program to provide an alternative for employers faced with a reduction in force. It allows the employer to divide the available work or hours of work among a group of affected employees in lieu of a layoff, and it allows the affected employees to receive a portion of their unemployment benefits while working reduced hours. Shared Work Programs are valid for 1 year, and employees may be eligible for up to 26 weeks of Shared Work benefits.
The Shared Work Program provides several benefits. For example:
• Production and quality levels are maintained, and rapid recovery to full capacity is possible through retention of an experienced workforce;
• Employee morale remains high; and
• Employees retain their skills and advancement opportunities.
Shared Work benefits are charged against reimbursement and experience-rated employer accounts in the same manner as regular benefits are charged. However, any experience-rated employer having a negative reserve in his or her tax account and having employees paid Shared Work benefits during the fiscal year ...