Are You Following WOTC Best Practices?
If you don’t WOTC, you should. This federal Work Opportunity Tax Credit (WOTC) program not only supports your community, but also offers employers tax credits up to $9,600 per eligible employee. However, some companies don't know how to get started. So, we've put together 5-steps to help make your WOTC a success from day one! Our 5 steps include:
- Setting up screening
- 100% screening
Setting Up Screening
It all starts with screening. Ask yourself, are you meeting your applicants where they are? Do they fill out new hire paperwork…
- At home?
- In remote locations?
- In centralized hiring hubs?
You can help increase your screening success by make sure you link WOTC compliance form requirements with similarly-timed onboarding forms. Companies can perform WOTC screening during key times in the new hire process. Below is a breakout of when Equifax Workforce Solutions clients conduct their screening.* Want to hear the 5 steps in more detail? Sign-up for our April 3 webinar to uncover even more tips for WOTC success! In this webinar, you’ll learn proven strategies to maximize your WOTC program. You’ll walk away with the knowledge you need to break down barriers that are preventing your organization from capturing more credits. Let us help you WOTC like a boss in 2019! Act now to reserve your spot to this WOTC Webinar. Can’t attend? Register anyway to receive a recording link after the live event. You’ll learn:
- What is WOTC
- How WOTC helps your organization
- What you need for a successful program
- How to help maximize a current program
- What KPI’s you need to be tracking