ment agency to prevent ie lp payi of claims? As a way of curbing the unemploymen
ID: 2540952 • Letter: M
Question
ment agency to prevent ie lp payi of claims? As a way of curbing the unemployment rate, California has a "shared-work compensation" program. Under this program, a company faced with a layoff of its workers may place its entire workforce on a four-day workweek during the period of hardship. During this period of reduced workweeks, the employees collect partial unem- ployment benefits. When business rebounds, the firm returns to its normal five-day workweek, and the unemployment compensation benefits cease. Participation in the program must be approved by both the employer and the unions. If, however, the firm is not unionized, management has the discre- tion of putting the plan into effect. a. What are the benefits of such a shared-work 4. compensation program to (1) the employer and (2) the employees? What disadvantages do you see in the operation of a shared-work compensation program, espe- cially from the viewpoint of organized labor? b.Explanation / Answer
Benefits of shared work compensation to the employer:
1. Gaining two employees who are committed to a single work improving efficiency thereby success rate.
2. Improving employees relationship by mutual help reducing stress and increasing work satisfaction.
Benefits of shared work compensation to the employee:
1. Gaining time to spend with their private life or say personal life with their family or increased time in following whatever they want.
2. Improving job satisfaction with mutual payment and leading a peaceful life without work stress.
Disadvantages from the point of view of organized labor:
1. One employee has to meet the standards which the other one needs or vice versa which sometimes will be mentally stressful and physically even. This is not good for some and for some labor it's not.
2. If both of them have internal disputes they might not actively participate in the work properly which will directly affect the output which will have aggressive effects on the business running down.
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