Hire a Veteran!by Gary DominickPublished Oct-21-2013
Veterans demonstrate the skills and work ethic that can help businesses flourish. Leadership, teamwork, efficiency, respect, and integrity are values that veterans bring to any workplace.
Resources and incentives are available to businesses who hire veterans.
Work Opportunity Tax Credit
The Work Opportunity Tax Credit provides employers an incentive to hire certain eligible veterans with barriers to employment. Employing qualified members can reduce an employer's federal income tax liability. Currently, an employer may claim up to $2,400 for a new, eligible veteran hire or up to a maximum of $9,600 for a certified disabled veteran.
Visit the employers' incentive programs area on www.WorkingInOregon.org for more information.
Vocational Rehabilitation and Employment
The U.S. Department of Veterans Affairs provides incentives to businesses who hire veterans with service-connected disabilities. The program can supplement apprentice wages up to the journeyman level and pay for necessary tools. For veterans facing extraordinary obstacles to employment, businesses can be reimbursed up to 50 percent of a veteran's salary in an on-the-job training program for up to six months. The business is also eligible for a federal tax credit for hiring an individual participating in either of these vocational rehabilitation programs.
Visit www.vba.va.gov/bln/vre/emp_resources.htm for more information.
Veteran Employment Representatives
The Oregon Employment Department provides specialized staff working solely with employers and veterans to achieve maximum employment and training opportunities for veterans. These veteran representatives connect with employers using events such as veteran job fairs, direct referrals, and other specialized veteran-focused activities.
For more information on Oregon Employment Department veteran services, visit www.employment.oregon.gov/EMPLOY/VETS/employer_svcs.shtml.