Utah incentive helps put people ‘Back to Work’

A new Utah Department of Workforce Services program offers companies an incentive — worth up to $2,000 — to hire people receiving unemployment insurance benefits. The department has received enough federal funding through the Temporary Assistance to Needy Families (TANF) program to find work for up to 2,500 recipients of unemployment insurance benefits and 700 out-of-work youth.

How? By offering companies the $2,000 subsidy if they hire someone off the active unemployment rolls and put them to work for three months, at a guaranteed minimum wage of $9 an hour. A company gets $500 up front when the unemployed person is hired, the other $1,500 when the three months is up. After that, it’s up to the employer whether to keep the hired person on the payroll. The Salt Lake Tribune

Note: Information on the program is available at: http://jobs.utah.gov/btw/employer.html