Workforce Florida works in more ways than one. Businesses
not only gain access to qualified job candidates, they also
may qualify for special hiring and training incentives.
Several tax and cash incentives are available to companies
that hire from select labor pools, including former welfare
recipients. Additionally, employees hired through one-stop
career centers also may be eligible for subsidized childcare,
transportation and education-services that benefit businesses
because they help ensure that entry-level workers can focus
on their jobs.
Workforce Florida offers special assistance to new and existing
businesses creating quality jobs in growth business sectors
or retraining workers to meet the changing demands of technology.
Enterprise Florida, the state’s economic development agency,
also offers incentives for companies considering relocation
to Florida. For more information, visit their web site at www.eflorida.com.
Workforce incentives and links to applications are provided
below.
Training Incentives:
Quick Response Training
New and expanding businesses that produce exportable goods
or services and are creating full-time, high-quality jobs
may be eligible for Florida’s Quick
Response Training Program, which has funded customized entry-level training
for over 65,000 employees in more than 270 businesses across the state.
The performance-based incentive requires that businesses
create new jobs and
hire and train the new employee before any training costs are reimbursed.
Special attention is given to businesses in rural communities, enterprise
zones and other distressed areas. And, as its name implies, quick response
is responsive- applications can be approved within three to five days. Click
here for more information and an application. Incumbent Worker Training
Businesses also can benefit from Florida’s Incumbent Worker
Training Program, which helps employers fund training for
individuals they already employ to
keep their firms and workers competitive. Small businesses and companies
in rural or distressed urban areas are a key target. Created
in 1999, the program
elicited over $3 million in requests from 62 applicants during its first
eight months. Nearly $1 million for 46 projects were approved,
including 21 small
businesses with less than 25 employees. The Legislature increased funding
to $2 million for FY 00-01. Click here for more
information and an application. Incentives for Special Groups:
Work Opportunity Tax Credit
This incentive, available to employers
hiring welfare recipients and individuals from other
groups including food stamp recipients as well as some
veterans,
vocational rehabilitation clients and people receiving Supplemental
Security Income, can earn up to $2,400 per employee
in federal income taxes. Employers
receive up to 40 percent of qualified wages for a maximum credit
of $2,400 per employee for employees working more than
400 hours. For individuals who
work between 120 and 400 hours, employers are eligible for tax
credits of up to 25 percent. Employers should complete
a pre-screening
notice before hiring a qualified applicant and must complete ETA
form 9061 if the employee has been conditionally certified
by the state. Additionally, a one-page form (such as payroll
stubs or other proof
of employment) must be filed to document the employee's eligibility.
All forms must be filed within 21 days of employee's start date.
For additional
information and fax-on-demand forms, click
here. On-The-Job Training (OJT)
Employers can recoup up to half of wages
paid to workers pre-approved by one-stop career centers
or other workforce providers through on-the-job training
for
employment usually not available elsewhere. Employers earn workers
they have trained to their own specifications and employees
are very likely to remain
after training is complete. OJT is particularly encouraged in
higher-skill occupations, and can be done in conjunction
with classroom training at educational
institutions. Reimbursements are limited to six months and may
not exceed the time required to acquire the skill needed
for the position. For more information, please contact
the regional
workforce board nearest you. Work Supplementation
Work supplementation or grant diversion
allows cash assistance benefits to be paid to an employer
for a specified period of time as an incentive to
hire the individual into their regular workforce. Employment
must be full-time at a rate at least equal to the federal
minimum wage and should lead to long-term
unsubsidized work. For more information, please contact the regional
workforce board nearest you.
Enterprise Zone Incentives
Business located in an Enterprise Zone may be eligible for various tax credits
if they hire new employees from groups including welfare recipients and graduates
of Workforce Investment Act classroom training programs. Businesses can claim
a percentage of the employee's wages against either their corporate income
tax or to offset property or sales tax on building materials and business
equipment. For additional information, click
here or the national program at www.ezec.gov.
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