Complimentary Webinar: Hiring Incentives for PA Employers
Tuesday, June 4, 1 – 2 PM
Attend this complimentary webinar on June 4th to learn about two hiring incentives for employers in Pennsylvania: The Work Opportunity Tax Credit (WOTC) and the Federal Bonding Program.
The Work Opportunity Tax Credit (WOTC) is a Federal tax credit incentive that the Congress provides to private-sector businesses for hiring individuals from 13 target groups who have consistently faced significant barriers to employment. The tax credit reduces the employers federal tax liability.
The Federal Bonding Program was created as an incentive to employers to hire “at-risk,” hard-to-place job seekers and may provide an employer a business insurance policy that protects an employer against loss of money or property due to employee dishonesty. The bond is good for six months for the amount of $5,000 at no cost to the employer.
Presenter: Greg Shirk, Workforce Development Supervisor, Tax Credit Services Bureau of Workplace Development Partnership PA Department of Labor & Industry