Cambro Manufacturing Co., an injection molder and rotational molder in Huntington Beach, Calif., recently faced a common problem -- how to trim costs while retaining longtimed skilled workers. The company decided to try a work sharing program created by California Employment Development Department. Jan Norman of the Orange County Register wrote about Cambro and the work sharing program in her "On small business" blog today. According to Norman, California employers are eligible for the program if they target at least 10 percent of the workforce (or any individual unit) for a cut in wages and hours of at least 10 percent. Workers impacted by the cuts get to keep their jobs, and are eligible to collect unemployment benefits for those lost hours. Although the program is 31 years old, it hasn't received much attention until recently. But last year 2,808 companies signed up for the program -- and applications this year have grown every month. The program has helped Cambro keep all but 30 of its full-time workers, according to Norman. Other states have similar work sharing programs -- I blogged about one in Massachussetts back in August. For more information about California's program, check out this page on the state Employment Development Department's Web site.
California molder tries 'furlough lite'
Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Plastics News would love to hear from you. Email your letter to Editor at [email protected]