Boosting WOTC Credits Through Employee Bonuses: A Win-Win Strategy

Publisher: Arvo Tech

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Boosting WOTC Credits Through Employee Bonuses: A Win-Win Strategy

The Work Opportunity Tax Credit (WOTC) program provides an incredible opportunity for businesses to not only expand their workforce but also earn valuable tax credits. While WOTC is known for its potential financial benefits, there’s a lesser-known strategy that can amplify those benefits even further: leveraging employee bonuses. Today, we’ll explore how offering bonuses to eligible employees can increase your WOTC credits as well as incentivizing your team to be a better executor of the program which will create a win-win scenario for both employers and employees.