The Work Opportunity Tax Credit (WOTC) can help employers close the skills gap by encouraging them to hire applicants who often are overlooked, such as ex-offenders, military veterans and the long-term unemployed. Here’s what employers should know about participating in the program.
The program was designed to encourage employers to hire workers from certain target groups that have historically faced barriers to employment, explained Jeanne Madden, division vice president and general manager at ADP Tax Credit Services in Florence, S.C.
In addition to ex-offenders, military veterans and the long-term unemployed, target groups include qualified Temporary Assistance for Needy Families (TANF) recipients, Supplemental Nutrition Assistance…
Credit to Lisa Nagele-Piazza, J.D., SHRM-SCP and Allen Smith, J.D. for the original post.