NC H792

Establishes a short-time compensation program in North Carolina allowing employers to reduce employee work hours by 10-60% as an alternative to layoffs affecting at least 10% of affected unit employees.

Requires employers to submit written plans for Division approval that identify affected units, certify layoff prevention, maintain fringe benefits, and comply with collective bargaining agreements.

Eligible employees working reduced hours receive weekly benefits calculated as a percentage of their normal weekly benefit amount corresponding to the hours not worked.

Excludes seasonal, temporary, and intermittent employees from program participation and prohibits the program from subsidizing seasonal off-seasons or traditional part-time employment.

Allows employees to participate in employer-sponsored training or Workforce Innovation and Opportunity Act training without losing benefits, and deems participating employees as unemployed for benefits purposes.