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Can anyone explain me about WOTC?
Hey, I need a little help from you guys, I just want to know what is WOTC? How it helps and what is their importance for an employer? How can I take its benefits? If you guys have any information regarding this, please share it with me.
Thanks a lot!!
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well, never heard of this, but I found this for you :
The Employment Development Department is the Work Opportunity Tax Credit (WOTC) certifying agency for California employers.
[url]http://www.edd.ca.gov/Jobs_and_Training/WOTC_Employer_Guide.htm[/url]
basically, The Work Opportunity Tax Credit (WOTC) is intended to increase the employment and earnings of workers belonging to certain disadvantaged groups by providing employers with an incentive to hire and retain these workers ([url]http://www.gao.gov/new.items/d01329.pdf[/url])
hth,
all best,
radu
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