Save Your Job in This Economy with Voluntary Furlough

Photo by Nik. Keep Job Peace with Voluntary Furlough.

This stressful economy has banks going under, businesses closing, car dealers scrambling, people getting laid off from their job or worse with people getting terminated from their job.

Many companies are finding unique ways to save their business and employees. One recent way companies are saving jobs is with Voluntary Furlough. Voluntary Furlough is where employees volunteer to take five vacations days off per year. The vacation days can be used all at once or strewn here and there throughout the year. Maybe you want to have a few Mondays or Fridays off during the year? The only catch is all five vacation days are taken as unpaid.

To get started type a volunteer sign-up sheet and set it in an area where all employees can see it. A perfect place would be the mail room or by a time clock. Employees can sign-up for their five unpaid vacation days. The employees can choose their unpaid vacation dates at a later time.
Voluntary Furlough is just as it is stated--voluntary. Employees may choose not to sign-up for it as they cannot afford it. The employee should not be made to feel like he or she is selfish. Many people are overextended with a mortgage, vehicle payments, college bills and tuition, etc., and the employee may even live paycheck to paycheck.

Before making your sign-up sheet make sure Voluntary Furlough will not mess up your health insurance, 401K, pensions, etc.

If you are the boss of a company you may want to consider this unique option. Recently a school system tried Voluntary Furlough and it saved the school system $500,000 and the best part is everyone got to keep his or her job.

If you are an employee of a company, business or school system you may want to mention Voluntary Furlough to your boss. This could save your job and your co-worker’s job in the long run.

For more information, please visit: http://www.preparednessmentor.com/.