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Workforce Sourcing Solutions to Attract and Retain Candidates
- 1. Workforce Sourcing Solutions to Attract & Retain Candidates Office of Employer & Apprenticeship Services
- 2. KENTUCKY’S WORKFORCE STRATEGY Respond to the immediate workforce needs of employers Realign the education system to meet the needs of business Engage businesses to define their current/future needs Empower communities to design their own solutions Increase the workforce pipeline to accommodate growth
- 3. Recruitment, Screening, Customized Testing Hiring Events & Outreach Focus Talent Online Job Portal Applicant Pre-Assessments & Credentialing Labor Market Information Strategic Recruitment • Military Veterans • Rapid Response/Displaced Workers • “Diversity Hiring” (second chance, recovery, disabilities, immigrants) Talent Acquisition
- 4. Customized Training • KCTCS offers flexible, employer-driven skills-upgrade training Work-Based Training • In-House, On-the-Job Training (OJT), Incumbent Worker Training, etc. Registered Apprenticeship Growing & Developing Talent
- 5. WOTC is a federal tax credit ($1,200 - $9,600) available to employers for hiring and retaining recipients from the following specified target groups: • Veterans • Long-term Temporary Assistance for Needy Families (TANF) recipients • Short-term TANF recipients • SNAP (food stamp) recipients • Designated community residents • Vocational rehabilitation referrals • Summer youth employee • Ex-felons • Long-term unemployed individuals • Supplemental Security Income (SSI) recipients Hiring Incentives: Work Opportunity Tax Credit (WOTC) Fill out 2 short forms: • IRS Form 8850 & ETA Form 9061 • Submit the completed and signed forms online to the Kentucky WOTC System - https://wotc.ky.gov • Forms must be submitted within 28 calendar days of the employee’s start date For more information, please visit: https://kcc.ky.gov/employer/Pages/Tax-Credits.aspx
- 6. What is the Federal Bonding Program? • Provides fidelity bonds to help hard-to- place job seekers get and keep a job • Protects against fraud and/or dishonesty such as: stealing, theft, forgery, larceny or embezzlement • Extremely successful, began in 1966 and less than 1% of the bonds filed upon Hiring Incentives: Federal Bonding Bond Mechanics • Issued as soon as applicant starts • Each bond has a $5,000 limit • May issue up to 5 bonds or $25,000 limit per individual depending on the position • Each bond covers a 6 month term and may be renewed for additional 6 months at no cost For more information, visit http://bonds4jobs.com/
- 7. Who is eligible? • Ex-offenders • Individuals in recovery from substance use disorders • Public assistance recipients • Individuals with poor credit records • Individuals dishonorably discharged from the military • Economically disadvantaged persons who lack a stable work history; and • Anyone already employed who needs bonding to prevent termination or secure a transfer or promotion Hiring Incentives: Federal Bonding What is Not Covered? • Liability due to poor workmanship, job injuries, work accidents, etc. • Bail/court bonds • Self-employment bonding For more information, visit http://bonds4jobs.com/ Who is Not Covered? • Individuals who have defaulted on a previous fidelity bond
- 8. What’s in it for a business • Peace of mind that the business can safely provide individuals job opportunities with limited risk; • Assurance that individuals who have difficulty securing a job are getting their lives back on track with stable employment; • Protection of business assets; • Improved employment outcomes; and • Assistance in meeting hiring requirements. Hiring Incentives: Federal Bonding For more information, visit http://bonds4jobs.com/
- 9. Email an inquiry to workforce@ky.gov Workforce questions?