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| Training Incentives & Tax Credits
Training Incentives - More for Less We offer innovative "Grow Your Own Employee" programs to help you reduce labor costs while building the workforce you need to meet business demands. For example, in an On-the-Job Training (OJT) arrangement, we can reimburse up to 50% of the training costs for an employee during a specific period. In a Work Experience Program (WEP) we can place employees with your company for 3-9 months at no cost to you. In Work Training Experiences (WTE), we select, screen, place, and pay the salary of select workers while they intern for your company. If needed, we can provide job supports such as coaching and counseling to ensure a successful experience. With little or no out-of-pocket costs, minimal paperwork, and no long-term commitments on your part, you get far more for less. Work Opportunity Tax Credit - An Employer Tax Reduction The Work Opportunity Tax Credit (WOTC) is a federal income tax credit that encourages employers to hire nine targeted groups of job seekers. WOTC can reduce employer federal tax liability by as much as $2,400 per new hire. WOTC applies to new hires belonging to one of nine WOTC target groups:
For more information on how employers can earn a Federal Income Tax Credit by hiring American Workers, therefore increasing American productivity and economic growth, please view: The Work Opportunity and Tax Credit (WOTC) |
Upcoming EventsEvents for Employers See more info about these events>> |
Laramie Building • 3500 Illinois Street Golden, CO 80401 • 303-271-4700 • 800-659-3656 TTY|TDD • Contact Us Jefferson County Workforce Center is an equal opportunity program; auxiliary services are available upon request to individuals with disabilities. |
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