Incentives For Employers To Hire Justice Involved Citizens

The Work Opportunity Tax Credit (WOTC) is a federal income tax benefit administered by the U.S. Department of Labor (DOL) for employers who hire individuals from specified target populations. WOTC reduces a business’s federal tax liability, serving as an incentive to select job candidates who may be disadvantaged in their efforts to find employment.

The main objective of this program is to enable individuals to become employed, earn a steady income and become contributing taxpayers. WOTC joins other workforce programs that help provide incentives for workplace diversity and improve access to good jobs for American workers.

Fidelity Bonding Service helps at-risk job applicants get and keep a job. TWC and the Workforce Development Boards offer free fidelity bonding services to reduce employers’ concerns about hiring at-risk job applicants who cannot be bonded through other sources. For this bonding, Union Insurance Group issues an insurance policy that protects the employer against employee acts of dishonesty such as larceny, embezzlement, and theft.

Program Features

  • Coverage is free for six months. After six months, bonding becomes the employer’s responsibility.

  • Coverage is usually issued in the amount of $5,000.

  • There is no deductible.

  • There are no forms to fill out and no processing.

  • Coverage can be activated almost immediately.

The Workforce Innovation and Opportunity Act (WIOA) is designed to help job seekers secure the employment, education, training and support services necessary to succeed in the labor market and to match employers with the skilled workers they need to compete in the global economy.

Every year the core programs that form the pillars of WIOA help tens of millions of job seekers and workers connect to good jobs and acquire the skills and credentials needed to obtain them. With the implementation of WIOA, the Texas workforce system will continue to be a market-driven system, responding to the needs of employers and preparing workers for jobs that are available now and in the future.