Advantages to the Shared Work Program Production and quality levels are maintained and rapid recovery to full capacity is possible through retention of an experienced workforce. When the economy recovers, administrative and training costs of hiring new employees are eliminated. Affirmative action gains are protected. Employee morale remains high. The impact of a recession is more equitably distributed because most recently hired workers who would have been most susceptible to layoff are retained.
Employees retain their skills and advancement opportunities.
Consumer spending patterns remain more stable, which could result in a milder recession. Public Assistance expenditures are lessened. Disadvantages to the Shared Work Program Valuable employees who are able to locate full-time employment elsewhere may be lost. Overhead costs are not reduced proportionately to the reduction in hours. Work scheduling may be more difficult.