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| 10:01 AM | ||
| Users Online Now: 1,738 (Who's On?) | Visitors Today: 579,685 | |
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| 10:01 AM | ||
WOTC Work Opportunity Tax Credit - unfair hiring advantage? | |
| Anonymous Coward User ID: 76968282  United States06/15/2019 05:44 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 76749660 United States06/15/2019 06:40 PM Report Abusive Post Report Copyright Violation | The tax credits are very short term. My GF helps people, in several of the categories you list, find employment. It is a way for an employer to offset the risks of hiring in those "high risk" categories. There is a high failure rate so it is very difficult to get employers to even consider hiring from those categories. It is not a way for companies to make excessive profits. If your teen eager, he/she still has a better chance of getting a job than people with barriers. |
FINGERPRINTS of the GODS  User ID: 58686169 United States06/15/2019 06:50 PM Report Abusive Post Report Copyright Violation | |
| Larry D. Croc User ID: 70736097 United States06/15/2019 06:52 PM  Report Abusive Post Report Copyright Violation | As if things weren't hard enough finding a job. I've been helping my teen looking for a summer job. And I've been seeing this on several employer sites. Quoting: nythinker "WOTC Eligibility Survey. The Work Opportunity Tax Credit (WOTC) is a Federal tax credit that's available to employers hiring from eligible target groups, made up of individuals with significant barriers to employment. Employers have the opportunity to earn a tax credit between $1,200 and $9,600 per employee." So, if I'm understanding this. This program is offering a cost effective incentive to employers to hire from certain groups. And what are these groups? Eligible groups include: Veterans, Recipients of "Temporary Assistance for Needy Families", Food stamp recipients, Designated community residents, Ex felons, Supplemental security income recipients,Long-term unemployment recipients I mean the veteran thing is cool. It's interesting. Because I was trying to get help from the N.Y.C. youth program to find a job. But apparently you have to be a down on your luck, welfare recpient, homeless, family in jail etc to qualify. I'm like, the city is getting some incentive hiring these kids The scary thing is. You could have employers that will hire someone less qualified just to get tax credits Sucks to know that doing things right gets you no where in this world. With the exception of veterans? Your kid will do fine. A small tax credit doesn't offset the grief of hiring from the target groups. "Socialism only works in two places: Heaven where they don't need it and hell, where they already have it." Ronald Reagan The trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." Ronald Reagan |
| Anonymous Coward (OP) User ID: 76968282 United States06/15/2019 10:36 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 77726369 United States06/15/2019 10:47 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 77726369 United States06/15/2019 10:48 PM Report Abusive Post Report Copyright Violation | As if things weren't hard enough finding a job. I've been helping my teen looking for a summer job. And I've been seeing this on several employer sites. Quoting: nythinker "WOTC Eligibility Survey. The Work Opportunity Tax Credit (WOTC) is a Federal tax credit that's available to employers hiring from eligible target groups, made up of individuals with significant barriers to employment. Employers have the opportunity to earn a tax credit between $1,200 and $9,600 per employee." So, if I'm understanding this. This program is offering a cost effective incentive to employers to hire from certain groups. And what are these groups? Eligible groups include: Veterans, Recipients of "Temporary Assistance for Needy Families", Food stamp recipients, Designated community residents, Ex felons, Supplemental security income recipients,Long-term unemployment recipients I mean the veteran thing is cool. It's interesting. Because I was trying to get help from the N.Y.C. youth program to find a job. But apparently you have to be a down on your luck, welfare recpient, homeless, family in jail etc to qualify. I'm like, the city is getting some incentive hiring these kids The scary thing is. You could have employers that will hire someone less qualified just to get tax credits Sucks to know that doing things right gets you no where in this world. With the exception of veterans? Your kid will do fine. A small tax credit doesn't offset the grief of hiring from the target groups. You would be surprised, shockingly surprised. |
| whoopty_woop User ID: 47881544 United States06/16/2019 12:30 AM Report Abusive Post Report Copyright Violation | This tax credit explains why minorities dominate jobs that pay less than $12/hour. You can't make more than that and still qualify for welfare programs unless you have a gaggle of kids under 17. Most poor undereducated white women have enough sense to marry out of poverty. Minority women don't have enough available non-incarcerated men to marry for economic stability, plus minority men are traditionally not hired as fast as white men anyway. The tax credit exist as an incentive to get undesirable people hired and OFF of welfare. Thank Billy Clinton circa 1996… Welfare to Work was a rethuglican/NeoCon initiative via Newt Gingrich. Kinda funny to see people get bitten in the ass 25 years later...it was a shitty policy from top to bottom. Bread and circus is a necessary evil as the minorities have large segments that will never elevate their families out of poverty on purpose. They just don't believe in hard work... |
