Sharing work to save jobs

Service Canada’s Work-Sharing Program can help employers, employees in tough economic times
By Sheila Brawn
|Canadian Payroll Reporter|Last Updated: 04/04/2016

Bombardier. Husky Energy. Chevron. Bell Media. These are just some of the companies in the news recently for announcing layoffs. In recent months, it seems hardly a week goes by when there is not news of an employer cutting back on staff.

It’s not just big employers. Small and medium-size companies also struggle with layoff decisions. Some cut the workforce while others try to keep all employees working.

One option for avoiding layoffs is the federal government’s Work-Sharing Program. It enables employers to temporarily cut back on the number of hours employees work. Employees share available work while receiving employment insurance (EI) benefits for days they are not working. It helps employers keep skilled workers, saving the cost of having to hire and train new employees when business picks up again.