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Home » For Employers » Financial Incentives for Training

Financial Incentives for Training

 

Financial Incentives for On-The-Job Training

An employer may hire new untrained employees referred from Community Services and Workforce Development (CSWD). The employer and CSWD then agree to a contract that stipulates how long it will take for the new employee to become trained. During this training period, the employer may be reimbursed for up to 50% of the employee's basic wage.

For more information on how you can participate in the Financial Incentives for On-The-Job Training program, contact the local One-Stop Career Center at (831) 637-JOBS (5627).

Work Opportunity Tax Credit (WOTC)

EDD has a Work Opportunity Tax Credit (WOTC) program to assist employers and individuals who meet specific qualifications by giving employers credit on their federal taxes.

An employer may qualify for a tax credit equal to approximately 35 percent of a new employee's wages, up to $2,100, if the employee is a member of a designated target group and meets that group's specific requirements.

The Employment Development Department is the WOTC certifying agency for California employers.

 



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One-Stop Career Center  |  Email: webmaster@sbcjobs.org
1111 San Felipe Road, Ste. 107, Hollister, CA 95023 - Phone (831) 637-JOBS (5627) / Fax (831) 637-0254
 
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