Hiring Incentives for Business
  

Hiring Incentives for Business

Work Opportunity Tax Credit (WOTC)

The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers for hiring individuals from certain target groups who have consistently faced significant barriers to employment. WOTC joins other workforce programs that incentivize workplace diversity and facilitate access to good jobs for American workers.

WOTC reduces an employer's cost of doing business and require little paperwork. Helping those most in need find and retain jobs, and gain on-the-job experience, benefits all employers and increase America's economic growth and productivity.

Enter, upload, manage and print your applications online using our new eWOTC system!

Fidelity Bonding

The Federal Bonding Program provides Fidelity Bonds, an insurance policy that protects the employer in case of any loss of money or property due to employee dishonesty, for anyone not eligible for commercial bonding. There is no cost to the employers or employees. It is a unique tool to help a job applicant with risk factors let and keep a job.

On-the-Job Training (OJT) Hiring Initiative

On the Job Training (OJT) provides reimbursements to employers to help compensate for the costs associated with training and loss of production for newly hired employees.

WDVA Veteran Employment Grant Program

The Department of Workforce Development (DWD) and the Department of Veteran Affairs (DVA) are proud to offer the Wisconsin Veteran Employment Grant Program to encourage Wisconsin employers to hire and retain eligible Veterans.