Hiring Incentives

Work Opportunity Tax Credit (WOTC)

WOTC is a Federal tax credit available to employers who hire and retain veterans and individuals from other target groups with significant barriers to employment. Employers claim about $1 billion in tax credits each year under the WOTC program. There is no limit on the number of individuals an employer can hire to qualify to claim the tax credit, and there are a few simple steps to follow to apply for WOTC. To find out more click this link.

On-the-Job Training (OJT) Hiring Initiative

On the job training (OJT) provides reimbursements to employers to help compensate for the costs associated with training and loss of production for newly hired employees. To find out more click this link.

Division of Vocational Rehabilitation (DVR) Initiatives

The DVR OJT Hiring incentive can cover 50% of the salary and fringe expenses of a qualified DVR job seeker with a disability hired by your company for up to 90 days. To find out more click this link.

 

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