Nebraska Short-Term Incentive Plan

State:
Multi-State
Control #:
US-CC-7-588C
Format:
Word; 
Rich Text
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This sample form, a detailed Short-Term Incentive Plan document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

To be eligible for this benefit program, you must a resident of Nebraska and meet all of the following: Unemployed, and. Worked in Nebraska during the past 12 months (this period may be longer in some cases), and. Earned a minimum amount of wages determined by Nebraska guidelines, and.

Launching in January 2023, The Short-Time Compensation (STC) Program is an alternative to layoffs for employers experiencing a reduction in available work. The STC Program serves a dual purpose of preserving employees' jobs and an employer's trained workforce.

The Short-Time Compensation program helps prevent layoffs by allowing employers to uniformly reduce affected employees' hours by 10 to 60 percent while the employees receive a prorated unemployment benefit.

Amount and Duration of Unemployment Benefits in Nebraska Unemployment benefits in Nebraska are 50% of your average weekly wage from your highest paid quarter, up to a maximum weekly amount of $456 (in 2021).

Nebraska's right to work statute is encoded in its labor code as well as its constitution. It's fairly straightforward, making it a misdemeanor offense to use union affiliation as a factor for employment.

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Nebraska Short-Term Incentive Plan