The layoff-avoidance strategy introduced by the federal government is known as
A)work sharing.
B)supplemental unemployment benefits.
C)the reduced work week.
D)job sharing.
E)the early leave package.

Question

Quizplus · Accepted Answer

Work sharing is a layoff-avoidance strategy introduced by the federal government. Under this strategy, instead of laying off workers, employers reduce the hours of work for all employees. The workers then receive partial unemployment benefits for the hours not worked, which is supplemented by the employer. This helps to reduce the financial burden on both employers and employees, while ensuring that workers stay employed and the economy remains stable. Therefore, the best choice is A) work sharing.

The Layoff-Avoidance Strategy Introduced by the Federal Government Is Known