Hiring Incentives For Employers Worksheet - Work Opportunity Tax Credit (Wot) (Page 2 of 2) in pdf

Hiring Incentives for Employers Worksheet

The Hiring Incentive Training Grant Program

The Hiring Incentive Training Grant Program (HTIG) is open to all employers. It provides

training grants of up to $2,000 per employee and up to $20,000 a year per company.

This program assists in paying training costs for newly hired employees who have been

permanently separated and unemployed over a year.

Training Options

Employers can use a training provider of their choice. They may also use qualified

employees of the company to conduct internal training of new hires. As a service to

employers, a searchable

training directory

is available if a company needs to find a

training course or program.

How to Apply

Complete applications

online. A

pre-screening form

from each potential new-hire,

included in an application, must be submitted at the time of application. Please call 1-

800-252-1591 if you have difficulty with the online application process.

How to Check the Status of a Submitted Application

Completing a simple registration form will give you immediate access to the

WTF

Employer Access Page

where you can view the status of any of your submitted WTF

applications.

On the Job Training (OJT)

is a method of providing individualized occupational skills

On the Job Training (OJT)

training for Dislocated Workers, Low Income Adults and Older Youth. The goal of the

OJT program is to place participants in occupations that will enhance their prospects for

long-term employment and will ultimately permit them to become self-sufficient. OJT

involves the acquisition of specific skills and employment competencies, through

exposure in an actual work setting, to the processes, work tasks, tools and methods of

a specific job or group of jobs.

It is a “hire-first” program in which the employer, either public or private, enters into an

agreement with the Career Center to hire, train, and retain the individual upon

successful completion of the training program. Through this program, businesses may

be reimbursed up to 50% of the new employee’s wages (maximum as defined in local

area's training cap) while they are in training. Because it is a “hire-first” program, OJT is

only available to participants whose goal is immediate employment.

Example of Potential Employer Savings:

WtW + WOT + HITG + OJT = $11,150.00 (year one)

WtW = $4,250.00 (year two)

Total: $15,400.00

The above is only an example

Hiring Incentives For Employers Worksheet - Work Opportunity Tax Credit (Wot) Page 2

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