The Work-Share Program
Thinking of laying off employees? Consider the Work-Share Program.
The Work-Share Program provides an alternative to laying off employees by allowing them to keep working, but with fewer hours. While an employee is working fewer hours, he or she may be eligible to collect part of his or her regular unemployment benefits.
Requirements and qualifications for employers:
- You must have reduced the normal weekly work hours by at least 10 percent, but by no more than 40 percent.
- The reduction must affect at least two out of all employees in the business, or a minimum of two employees in a certain unit
Does my business qualify for the Work-Share Program?
For more details, visit the Colorado Department of Labor website and download the Employer Fact Sheet. You can also download a Fact Sheet to hand out to employees to see if they meet eligibility requirements.
https://www.colorado.gov/pacific/cdle/layoffassistance