Employer incentives

Employer incentives to hire you

Work Opportunity Tax Credit (WOTC)

The WOTC is a program sponsored by the United States Department of Labor to promote the hiring of people from specific target groups that experience barriers to employment. Applies to Ex-felons hired no later than 1 year after conviction or release from prison. The WOTC can provide an employer up to $2,400 in tax relief for each qualifying hire and up to $9,000 for long term family assistance recipient hires. Employers may claim a tax credit on an unlimited number of qualifying new hires!

To find out more about the Work Opportunity Tax Credit, visit United States Department of Labor. In California you can visit EDD WOTC or call 866-593-0173.

California Enterprise Zone Tax Credit

A business located in an Enterprise Zone can take advantage of tremendous tax credit programs offered by the State of California. A firm can earn $37,440 or more in state tax credits for each qualified employee hired.

Note: This is not unique to California, many states offer similar Enterprise Zone tax credits. Check under your state’s department of housing and community development.

The Cooperative of Felon-Friendly Employers

You can also get help from CoFFE, the Cooperative of Felon Friendly Employers, a nationwide database of employers willing to hire ex-felons. One of the things that CoFFE does is to talk to employers about the financial advantages of hiring an ex-felon. It’s one more level of support that you can take advantage of.

The Federal Bonding Program US Department of Labor

Provides fidelity bonding for the first six months of employment for hard-to-place job applicants. If you are seeking bonding services call the below toll-free number or check the Federal Bonding Program website for details. In those states without a State Bonding Coordinator, callers will be referred to the nearest American Job Center for employment assistance.

Toll free: 877-233-2258