The Shared Work Unemployment Compensation Program is a voluntary program designed to provide employers experiencing a business downswing with a way to retain trained personnel until business picks up (AR Stat. Sec. 11-10-601 et. seq.).
Under the Program, instead of a layoff, a group of workers' weekly hours may be reduced by at least 10 percent, but not more than 40 percent. To compensate for the reduction in hours and wages, the worker is entitled to weekly unemployment benefits proportionate to the reduction in the number of hours worked.
To qualify for benefits under the Shared Work Program, employees must be regularly employed by an employer whose plan to stabilize the workforce has been approved by the Director of the Department of Workforce Services.