New York State Shared Work Program – Frequently Asked Questions for Furloughed Employees
The following questions and answers address many of the questions you may have regarding ABC Co’s furlough and the New York State Shared Work Program. To view each set of questions and answers you can either click one of the links below or click on the navigation arrows on the right. If you have any questions that are not addressed here, please send them to ABCCoHR@abcco.com.
New York State Shared Work Program
Variable Compensation
Variable Compensation
How does the furlough period impact Performance Incentive Plan (PIP)?
PIP-eligible pay is not impacted because it is based on year-end eligible base pay.
How does the furlough period impact GoalSharing payments?
Exempt employees — GoalSharing-eligible pay is not impacted because it is based on year-end eligible base pay.
Nonexempt employees — GoalSharing-eligible pay will be lower due to the period of reduced hours. This is because GoalSharing for U.S. nonexempt employees is based on year-end accumulated earnings throughout the payroll calendar year. This includes regular worked time, overtime, shift differential, vacation, and unworked holiday pay.
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