How The Trade Adjustment Act Affects Employers
In our increasingly globalized and highly competitive economy, businesses are hardly ever stable. Companies are constantly growing or shrinking, or are facing barriers that keep them from growing. One of the biggest challenges companies must face is having a workforce that is skilled enough to allow them to innovate and compete, and ultimately grow and prosper, in this economy.
Rapid Response is a pro-active, business-focused, and flexible strategy designed for two major purposes. First, to help growing companies access an available pool of skilled workers from other companies that are downsizing or who have been trained in the skills your company needs to be competitive.
Second, to respond to layoffs and plant closings by quickly coordinating services and providing immediate aid to companies and their affected workers. Rapid Response teams will work with employers and any employee representative(s) to quickly maximize public and private resources to minimize the disruptions on companies, affected workers, and communities that are associated with job loss. Rapid Response can provide customized services on-site at an affected company, accommodate any work schedules, and assist companies and workers through the painful transitions associated with job loss.
Trade-Related Layoffs and Plant Closings
The federal government provides additional services to workers whose jobs are lost due to foreign trade or shifts in production out of the United States. While not all job loss due to foreign competition meets the requirements of the Trade Act, the Rapid Response team will work with your company to provide information on Trade Adjustment Assistance (TAA) and the benefits you can receive if your company is certified as trade-affected. Your company, the Rapid Response team, or the workers themselves can file a trade petition with the United States Department of Labor. TAA and its benefits are provided at no cost to you as an employer and allow your workers to access an even wider array of services than they would otherwise be eligible for.
If you are looking to access skilled workers, are expecting a layoff or plant closing or wish to learn more about the services Rapid Response can provide to your business, contact us at 719-667-3814 or email@example.com.