Workforce Training Programs and Incentives
CareerSource Gulf Coast is pleased to connect you with information on hiring incentives and customized workforce training programs.
Federal Bonding Program
The Federal Bonding Program is an incentive program that allows employers to hire at-risk job applicants with limited liability. A Federal Fidelity Bond is a business insurance policy that insures the employer against theft, forgery, larceny or embezzlement by the bonded employee. At-risk job applicants are:
Recovering substance abusers (alcohol or drugs)
Welfare recipients and other persons having poor financial credit, or who have declared bankruptcy
Economically disadvantaged youth and adults who lack a work history
Individuals dishonorably discharged from the military
Anyone who cannot secure employment without bonding services
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Work Opportunity Tax Credit (WOTC)
The Work Opportunity Tax Credit is an incentive to private, for profit employers to hire welfare recipients and individuals from other special groups.
Incumbent Worker Training (IWT)
This state program is an expense reimbursement grant for customized skills upgrade training available for existing for profit Florida businesses. Businesses with 25 or fewer employees receive priority and, as with the Quick Response Training Program, priority is given to businesses in targeted industries and in distressed urban and rural parts of Florida. This program is administered by CareerSource Florida.
Formerly known as Quick Response Training, FloridaFlex is a state program that offers partial reimbursement to relocating or expanding businesses for expenses related to job training new or existing employees after jobs have been created or retained. This program is designed to be flexible to respond quickly to corporate training objectives. Once approved, the business provides a company match of cash or in kind contributions. The business decides what training is needed, who provides it and how it is provided. This program is administered by CareerSource Florida.