3 Strategies for Recruiting Work Opportunity Tax Credit-Eligible Candidates
As employers, we have the opportunity to make a positive impact not only within our organizations but also in the lives of individuals from diverse backgrounds. The Work Opportunity Tax Credit (WOTC) provides a valuable incentive for hiring individuals from...
Maximizing the Work Opportunity Tax Credit: The Importance of Applicant Tracking System Integration
As employers strive to maximize their recruitment efforts and tap into available tax incentives, integrating with an Applicant Tracking System (ATS) becomes crucial. This is especially true when it comes to harnessing the benefits of the Work Opportunity Tax...
Why WOTC Employees are More Profitable and Excel in the Workplace for Employers
Hiring and retaining productive employees is crucial for any business’s success. The Work Opportunity Tax Credit (WOTC) program offers more than just tax incentives to employers. We will explore why WOTC employees have been shown to be more profitable than...
Why Targeting WOTC-Eligible Employees Should be Your Strategy in a Tight Labor Market
In a tight labor market where finding qualified candidates is a challenge, employers must adopt innovative strategies to gain a competitive edge. One such strategy is targeting WOTC-eligible employees—individuals from specific target groups who face barriers to...
Maximizing Benefits: How Payroll Integration Enhances Your Work Opportunity Tax Credit (WOTC) Program
Are you taking full advantage of your Work Opportunity Tax Credit (WOTC) program? If not, it’s time to explore how integrating your payroll system can boost the effectiveness and efficiency of your WOTC program. Here’s how having a payroll integration can...
Mental Health Impact of Business Owners and Leadership of an Organization
Mental health has become an epidemic in the business world ever since COVID hit. It doesn’t just impact employees of an organization, but can have a significant impact on its business owners and leaders. When determining whether or not you are being impacted, here are...
The Benefits of Small Businesses Participating in the Work Opportunity Tax Credit Program
Small businesses are the backbone of our economy, driving innovation, creating jobs, and fostering local communities. In an effort to support these enterprises and promote equal employment opportunities, the Work Opportunity Tax Credit (WOTC) program offers a range of...
The Key to Maximizing WOTC: Retention Strategies for Your Workforce
Retaining employees is not only essential for maximizing your work opportunity tax credits, but for your long-term success and stability of your organization. Here are some effective strategies to help retain your employees: Competitive Compensation Ensure that your...
Mental Health and Its Impact on Employee Retention
The working world is facing an epidemic that centers around mental health. Mental health can play a significant role in employee retention, work productivity, and the overall culture of your company. Most organizations overlook this factor when determining why...
Maximizing WOTC: 120 Hours vs 400 Hours
The Work Opportunity Tax Credit, or WOTC, is a federal tax credit available to businesses hiring individuals from targeted groups who consistently face barriers to employment. There are many reasons to participate in WOTC – it benefits workers by increasing...
From Unemployment to Success: How the Work Opportunity Tax Credit Benefits Everyone
The Work Opportunity Tax Credit (WOTC) is a federal tax credit that encourages employers to hire individuals from targeted groups who may face barriers to employment. The program provides a tax credit to employers who hire individuals from targeted groups, such as...
Importance of Your WOTC Vendor Having a State Workforce Agency Liaison Team
As a business owner, you are always looking for ways to maximize your profits while minimizing expenses. One of the most effective ways to do this is to take advantage of tax credits offered by the government. The Work Opportunity Tax Credit (WOTC) is one such credit...
The Smart Employer’s Guide to Unlocking WOTC Tax Savings
Are you looking for a way to reduce your tax bill and save money on your company’s bottom line? If so, you may be interested in the Work Opportunity Tax Credit (WOTC). This tax credit is available to companies that hire employees from specific groups and can...
WOTC Credits Continue to Grow Year-After-Year
The Work Opportunity Tax Credit (WOTC) is a federal tax credit designed to encourage businesses to hire individuals who face significant barriers to employment. These barriers can include being a veteran, ex-felon, receiving certain types of public assistance, or...
How the Work Opportunity Tax Credit Can Make a Positive Impact on Your Community
In today’s world, creating job opportunities and promoting economic growth are crucial for building thriving communities. One powerful tool that can help achieve these goals is the Work Opportunity Tax Credit (WOTC). WOTC is a federal tax credit program designed...
Maximizing Social Impact: The Work Opportunity Tax Credit for Non-Profits
Non-profit organizations play a vital role in addressing societal needs and promoting social welfare. To further their missions, non-profits can leverage various resources, including financial incentives like the Work Opportunity Tax Credit (WOTC). In this blog post,...
Unlocking Opportunities: The Significance of the Work Opportunity Tax Credit for Veterans
As a nation, we owe a debt of gratitude to the men and women who have served in the armed forces. Beyond expressing our gratitude, it is essential to provide tangible support to our veterans as they transition into civilian life. One valuable tool in this endeavor is...
Debunking the 5 Myths of the Work Opportunity Tax Credit
The Work Opportunity Tax Credit (WOTC) is a federal tax credit designed to incentivize employers to hire individuals from certain target groups facing barriers to employment. Despite its potential benefits, there are several misconceptions surrounding WOTC. In this...