SharedWork and WOTCSharedWork Program
“At times you may need to reduce hours or get assistance with payroll while adjusting your business to the economy. Our employees have been very excited to keep their job and maintain their income with the SharedWork program, and we have been excited to keep our skilled, trained workers. SharedWork helps us to keep running our business full speed.” - Sharon Grant, O’Ryan Industries, Vancouver, Washington
SharedWork allows employers to reduce payroll by cutting hours instead of jobs. For employees, they do not have to look for other work to receive unemployment benefits. This assurance, for both employer and employee, has a positive ripple effect benefitting families and communities. The program is free and can be renewed each year. In a survey of past employers using the SharedWork program:
97% SharedWork improved employee morale.
98% helped retain skilled workers.
99% would recommend SharedWork to another employer.
Businesses, employees, families and communities WIN with SharedWork!
Phone: 1-800-782-2500 option 3
Email: sharedworkplansect@esd.wa.gov
www.esd.wa.gov/sharedwork
Work Opportunity Tax Credit Program
Washington employers can receive a tax credit up to $9,600 per qualifying new employee during the first year of employment. Timely filing is required. To apply, the employer must submit IRS Form 8850 and ETA Form 9061 within 28 calendar days of the employee's start date.
WOTC is a tax incentive program that rewards employers for hiring certain job seekers that help them become self-sufficient.
• Federal tax credit ranges from $2,400 to $9,600
• Five categories pertaining to veterans
• Six non-veteran categories
• One category for justice-involved individuals
Phone: 1-800-669-9271
Email: esdgpwotc@esd.wa.gov
www.esd.wa.gov/wotc
Federal Bonding Program
Fidelity Bonds reassure and provide an incentive to employers to hire justice-involved job seekers.
• Free of charge, zero deductible bonds
• Between $5,000 - $25,000 for each justice-involved employee
• 6-12 Month duration dependent on employment status
Phone: 1-800-669-9271
Email: bonds4jobs@esd.wa.gov
www.esd.wa.gov/bonding
