{"id":48458,"date":"2021-01-08T12:05:00","date_gmt":"2021-01-08T20:05:00","guid":{"rendered":"http:\/\/www.kentreporter.com\/business\/state-to-receive-2-36-million-federal-grant-for-shared-work-program\/"},"modified":"2021-01-08T12:05:00","modified_gmt":"2021-01-08T20:05:00","slug":"state-to-receive-2-36-million-federal-grant-for-shared-work-program","status":"publish","type":"post","link":"https:\/\/www.kentreporter.com\/business\/state-to-receive-2-36-million-federal-grant-for-shared-work-program\/","title":{"rendered":"State to receive $2.36 million federal grant for Shared Work Program"},"content":{"rendered":"
The U.S. Department of Labor awarded $2.36 million in grant funding to the Washington Employment Security Department to improve and promote its Short-Time Compensation (STC) program, known as the Shared Work Program.<\/p>\n
Employers can use short-time compensation to avoid layoffs by reducing work hours for an entire group of workers rather than laying off some of them, and those workers can supplement their reduced wages with a partial unemployment benefit.<\/p>\n
“These funds will make participation in Short-Time Compensation more efficient and user-friendly for employers in Washington as they manage the economic effects of the coronavirus pandemic,” said Assistant Secretary of Labor for Employment and Training John P. Pallasch in a Jan. 7 U.S. Department of Labor news release. “Short-Time Compensation keeps workers connected to their jobs, helps employers retain skilled employees and helps stabilize local economies.”<\/p>\n