Show-Me Heroes showcases Missouri businesses that pledge to consider hiring Missouri Veterans when they have job openings.
The Work Ready Missouri provides an opportunity for businesses to train potential employees without obligation. Eligible job seekers in need of occupational training can be matched with businesses to receive occupational worksite training on a part-time basis for up to six weeks. If you choose to hire a trainee upon completion of training, you have an employee that can be productive immediately. For more information call 1-800-592-6020 or e-mail.
The Missouri Federal Bonding Program is a no-cost, job-incentive program to increase the hiring of job seekers and to promote the retention of employees considered to be "at risk."This no-cost, no-deductible insurance coverage begins the day the bonded person starts work and ends six months later. Fidelity Insurance provides an easy method for an employer to recoup losses incurred due to the illegal acts of fraud, embezzlement, larceny and theft committed against the employer by an "at risk" person who is bonded.
To receive fidelity bonding assistance the employer must verify: that a job or promotion offer has been made by the employer; that the "at risk" person is of legal working age; that the job is legitimate; and that the federal taxes of the "at risk" person will be automatically deducted from his/her pay.
Contact your local Missouri Career Center for information on the Federal Bonding Program or call 1-800-877-8698.
Business Team Representatives provide specialized recruitment assistance, including the marketing of job listings, matching qualified applicants, accepting applications on the businesses behalf, pre-screening applications/applicants and arranging interviews. Specialized services include:
Consultation by Veteran's Representatives to provide information and recruitment assistance to meet veteran's preference requirements.
The WorkKeys job profiling component enables businesses to match the work requirements important in a job to the skill levels in the candidate pool. It offers a concrete way for organizations to analyze the skills needed for specific jobs and to describe those needs to educators, students, and job applicants.
For each position, job profiling identifies the skills and WorkKeys skill levels an individual must have to perform successfully. By comparing job profile information with individuals' scores on the WorkKeys tests, organizations can make reliable decisions about hiring, training, and program development.
Contact or visit your local Career Center for more information.
The Work Opportunity Tax Credit (WOTC) provides a federal income tax credit to businesses for hiring from one of the following target groups:
For all target groups, with the exception of the summer youth employee, disabled veteran and long term family assistance recipient, the tax credit is calculated at 40 percent of the first $6,000 of the first year's wages (for a maximum credit of $2,400) if 400 hours is reached. For employees who work at least 120 hours, but do not reach 400 hours, the credit is calculated at 25 percent of the first $6,000 of wages (for a maximum credit of $1,500).
The credit for summer youth employees is calculated at 40 percent of the first $3,000 of the first year's wages (for a maximum credit of $1,200) if 400 hours is reached. For employees who work at least 120 hours, but do not reach 400 hours, the credit is 25 percent of the first $3,000 of the first year's wages (for a maximum credit of $750).
The tax credit for the Disabled Veteran is calculated at 40 percent of the eligible employees first $12,000 in wages for the first year (up to a maximum credit of $4,800) if 400 hours of employment is reached. For employees who work at least 120 hours, but less than 400 hours, the credit is calculated at 25 percent of the employees first $12,000 in wages for the first year (up to a maximum credit of $3,000).
The credit for the long term family assistance recipient is equal to 40 percent of the first $10,000 of the first year's wages (for a maximum credit of $4,000), and 50 percent of the first $10,000 of the second year's wages (for a maximum credit of $5,000). The maximum amount of credit for the 2 years combined is $9,000.
There is no limit on the number of qualifying new hires per business or total amount of tax credits distributed per year.
The business will submit Form 8850, "Pre-screening Notice and Certification Request" to the Division of Workforce Development (DWD). The form must be postmarked within 28 days of the employee's start date. The business will also submit Form 9061, "Individual Characteristic," or Form 9062 "Conditional Certification," which may be submitted at the same time as the 8850 or at a later date. The forms will be reviewed to determine the eligibility of the new hire. A certification or denial for the tax credit will be issued by DWD.
The forms may be obtained by contacting DED at (800) 877-8698 or (573)522-9581. Forms may also be accessed from the Department of Labor's website at: www.doleta.gov/business/incentives/opptax/
Wondering what the average wage for workers in your type of business is in your county? Would you like to know what the unemployment rate was for your county last September? Cost of living? Taxable sales? Your local career center can provide most labor market information, utilizing the Missouri Economic Research and Information Center (MERIC).
Labor market information is available at no cost to help businesses understand Missouri's workforce labor market conditions and trends. Businesses can access valuable information in the form of tables, narrative, charts, and graphs.