Supplemental Unemployment Benefits Plans

We will discuss a unique benefit called “Supplemental Unemployment Benefits Plans” or SUBs for short. These plans can save companies a ton of money, especially if they are temporarily laying off people. They also coordinate with state unemployment insurance, helping companies stretch budgets further while maintaining goodwill with exiting employees.

In this episode, host Wendy Sellers is joined by Elizabeth Lutes to explore the power of Supplemental Unemployment Benefits Plans (SUB Plans). Elizabeth breaks down how these programs help companies manage temporary layoffs more cost-effectively while keeping exiting employees supported and engaged. From coordination with state unemployment insurance to the long-term benefits for organizational reputation, this episode is packed with valuable insights for HR leaders and financial decision-makers.