Hiring Incentives Overview

Unlock the Value of Hiring Incentives

Businesses across the U.S. can access powerful hiring incentives from federal tax credits to state and local programs. Below is an overview of the most impactful opportunities, and the maximum amounts available.

Federal Work Opportunity Tax Credit (WOTC)

Who qualifies?

Maximum credit per hire:

Example:

If you had 100 eligible hires, at a conservative average of $2,000 each, you could secure $200,000 in credits through WOTC alone.

New York State Youth Jobs Program

Who qualifies?

Maximum credit per hire:

Example:

If you had 50 eligible hires, at the conservative $3,000 average, your company could capture $150,000 in New York State credits.

Other State Programs

Many states across the country also operate their own hiring tax credits and training incentive programs. Examples include:

These programs vary state by state and change over time. Some focus on hiring targeted groups, while others provide training reimbursements or job creation credits.

At TC Specialists (TCS), we thrive on staying updated and compliant so that your business is always fully covered and positioned to capture every available opportunity.

Why This Matters

When combined, these programs can generate substantial savings. Even modest hiring numbers can translate into hundreds of thousands of dollars in incentives — without adding complexity to your HR process.