'Work-Sharing' helps retain staff in Alberta's economic downturn - Action News
Home WebMail Wednesday, November 13, 2024, 02:43 AM | Calgary | -2.2°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
Calgary

'Work-Sharing' helps retain staff in Alberta's economic downturn

More Alberta-based companies are using an Employment Insurance program called Work-Sharing to retain staff for the time when the economy turns around.

More employers using Work-Sharing to avoid layoffs

Jason Elvy, Canadian business manager with JAB recruitment, says using programs to retain staff can save money when the Alberta economy improves. (CBC)

More Alberta-based companies are looking to a federal government program to avoid layoffs.

TheWork-Sharing (WS) program supplements the income of employeesthroughEmployment Insurance. The workers mustagree to a temporary reduction in their work-week over a specified time until the employer recovers.

"By having people stay within the business, first of all, they're showing faith to their employees that they're doing everything in their power to keep them employed and that's going to be rewarded when the market does change," said JasonElvywith JAB Recruitment.

Companies see the program as amoney-saver because theywon't have to recruit and train new staff down the line, he says.

"It's a huge cost and very time consuming to have to retrain people into those roles," Elvy said, addingthe federal program can save a company 10-15 per cent in wages.

Work-Sharing numbers up

"It's kind of something that's outside of the boxand it also sends a really clear message to employees that we're going to do something a little different becausewe recognize that you are loyal andvaluable to us," saidEdmonton recruiterJessicaCulo.

She says she's seeing more businesses apply during this downturn than back in 2009, which is reflected in Service Canada's numbers.The government says there hasbeen an increase in the use of the program for Alberta-based businesses from 2013 to 2015.

In addition to Work-Sharing employers are also opting to impose mandatory holidayspaid or unpaidas a way to hang on to valuable staff members, according toCulo.

AndElvypoints out that company loyalty works both ways, especially when the economy picks up.

"The market is very competitive and when the market does turn and they get a call from another organization thatsays, 'Hey come and work for us,' they're going to actually think twice about moving becauseof the,I suppose, the commitment that their employer has made to them,"Elvysaid.

Fiscal year

Number of Work-Sharing Agreements

April 2013 March 2014

22

April 2014 March 2015

23

April 2015 June 2015

104