HIRE Incentives

On March 18, President Obama signed the Hiring Incentives to Restore Employment Act of 2010 (the 2010 HIRE Act). HIRE rewards businesses for hiring unemployed workers and keeping them on the job at least one year.
As a result of the 2010 HIRE Act, your company may be eligible to earn a payroll tax exemption of up to $6,621 per qualified new hire. Your company can also earn up to $1,000 as an additional incentive for keeping those new hires on the job for at least one year.

First Advantage will help you capture HIRE incentives as well as the Work Opportunity Tax Credit (WOTC) and other hiring incentives.

If you have a new hire that qualifies for both WOTC and HIRE’s payroll tax exemption, you must elect only one benefit. First Advantage will determine which incentive will bring the most value to your organization through a matrix of data points designed to maximize incentives.