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Find Your Most Valuable Business Asset!.

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Presentation on theme: "Find Your Most Valuable Business Asset!."— Presentation transcript:

1 Find Your Most Valuable Business Asset!.
Recruiting, Hiring, & Retaining Find Your Most Valuable Business Asset!. Illinois workNet® is sponsored by the Department of Commerce and Economic Opportunity. – February 2019

2 Business service team Your adjunct hr team

3 GEt the help you need Business Service Teams are workforce professionals trained to assist you with your business needs. Recruitment Services offered by Business Service teams include: Workplace Assessment Employee Work readiness Assessments Labor Market Information & Economic Snapshots Job Fairs and Recruitment Events Job Posting and Recruitment Hiring Benefits and Tax Incentives Candidate Matching & Referrals State and Federal Resources on Hiring Unique Applicants Pre-employment screening Training Opportunities Find an Illinois workNet Center in your area to make an appointment and speak for FREE to the Business Services Team.

4 hiring the right person
Get the Experience you Need – 12 Reasons to Hire a Mature Worker Dedicated Punctual Honest Detail-oriented &, focused Good Listeners Pride in a job well done Organizational skills Efficient & confident Mature Sets an example Communication Skills Reduced Labor Costs

5 Evolve Your Workforce – Hire A Person With A Disability
hiring the right person Evolve Your Workforce – Hire A Person With A Disability Myth - Hiring people with disability will cost me money Fact - Businesses can qualify for up to $7,400 in federal tax credits when hiring people with disability. Myth - Hiring disabled workers increases workers compensation insurance rates Fact - Insurance rates are based solely on the relative hazards of the operation and the organization's accident experience, not on whether an employer has hired workers with disabilities. Myth - Providing accommodations for people with disabilities is expensive Fact – For the majority of workers with disabilities who do need some sort of special equipment or accommodation, 56% of these cost less than $600, with many costing nothing at all. Myth - Employees with disabilities have a higher absentee rate than employees without disabilities Fact - Studies by firms such as DuPont show that employees with disabilities are not absent any more than employees without disabilities.

6 hiring the right person
Broaden your knowledge of how and where to find Veterans - Illinois workNet provides access to a wealth of resources for hiring veteran all in one place. We have resources to help you understand: Military Culture Priority of Service Establishing a Veteran-friendly Workplace Recruiting and Retaining Veteran Employees. 

7 hiring the right person
Hiring formerly incarcerated people is easier and safer than you think. Employers can get a full-time employee at a substantially reduced cost by taking advantage of tax credits for hiring people with past convictions. Here are a few of the benefits: Reduce employers’ federal income tax liability by up to $2400 when hiring a formerly incarcerated person. Work Opportunity Tax Credit Covers losses up to $5000 with no deductible, and is free of-charge to the employer. The Federal Bonding Program Allows any business located in the 95 Illinois enterprise zones a $500 credit on Illinois income taxes for each job created for which an economically disadvantage individual or dislocated worker is hired. Enterprise Zone Job Tax Credit OJT is a “hire-first” program in which businesses can get up to 50% reimbursement of the new employee’s wages while they are in training.  On-the-Job Training

8 hiring the right person
Provide an opportunity for youth to learn important life skills and acquire hands-on experience. Take an active role in the work experience. Part-time and summer jobs are great opportunities. Youth 18 years or older may perform any job, whether hazardous or not, for unlimited hours. Youth 16 or 17 years old may perform any non-hazardous job for unlimited hours. Youth 14 and 15 years old may work outside school hours in various non- manufacturing, non-mining, non-hazardous jobs.

9 hiring the right person
Interns and Apprenticeships A method of on-the-job training for white-collar and professional careers. May be paid or unpaid, usually temporary in nature. Apprenticeships A method of on-the-job training for trade and vocational jobs. Paid at a “learning” rate, transitioning into a “journeyman” position. Volunteers Hire someone as a volunteer to help them maintain job skills or learn new ones Promote volunteer activities in your business says the value of a volunteer is $22.14 per hour (2012)

10 Make the right hire! Retain your valuable employee
hiring Make the right hire! Retain your valuable employee

11 hiring credits Check our Employer Hiring Credits to determine if your recent hire entitles your company to any hiring incentive programs.

12 Incumbent Worker Training
Employment training Customized Training Customized training is business driven and designed to meet the special requirements of each employer. Incumbent Worker Training Incumbent Worker Training (IWT) programs help local employers develop and implement training programs for current employees who need new or upgraded skills in order to retain employment. On-the-Job Training On-The-Job Training (OJT) program is a “hire-first” program in which the employer, works with Illinois workNet to hire, train, and retain an individual.

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