Proposed law would help Ohio companies avoid layoffs, supporters say
Posted March 04, 2013 in Press Releases
This piece by Andrew J. Tobias in the Dayton Daily News gives a good overview of SharedWork Ohio, a bill working its way through the legislature that "would allow Ohio employers looking to cut costs through layoffs to instead temporarily reduce all employees’ hours by 10 to 50 percent. Meanwhile, employees could collect up to half of their missing wages through unemployment compensation until the company decides to ramp up production again."
Ohio businesses would able to prevent layoffs and instead temporarily reduce their employees’ hours while letting them keep benefits and collect unemployment, under a bill proposed in the House.