Grant funds are available to help qualified employers train full-time employees earning at least $12 per hour plus employer assisted medical benefits. Financed by employers through an offset of unemployment insurance taxes, funds are available to help train new employees and/or avoid layoffs by upgrading the skills of existing employees.
For eligible employers, businesses can be reimbursed up to 50% of training costs when hiring and training an eligible worker. Eligible workers are often new to the labor force or people upgrading their skills after a layoff. Job openings must be full time and pay minimum wage or higher.
Work Opportunity Tax Credit
This is a federal tax credit that encourages employers to hire from targeted groups of disadvantaged job seekers. If businesses qualify, tax credit can reduce federal tax liability by up to $9,600 per eligible worker.