Hiring the wrong person is one on the most costly mistakes any business can make. So why take a chance on hiring a persona with a physical, mental, or behavioral disability? Here are 5 Solid, bottom-line enhancing reason to take that chance hire a person with a disability
- If you are a US Company and hire a person with a disability you may qualify for the Federal Work Opportunities Tax Credit amounting to $2,400 (WOTC renewed through 2014).
- If you are a small business that generates less than $1 million annually OR have less than 30 full-time employees you may qualify for The Disabled Access Credit of up to $5,000 to defray the cost of providing access to workers with disabilities.
- If hiring a worker with a disability will require your business to remove physical or structural barriers, there is a tax deduction for that too, up to $15,000 per year from the Architectural Barrier Removal Tax Deduction.
- If you are recruiting your new hire through WorkSource, the Washington State Division of Vocational Rehabilitation or a local Supported Employment Organization, you will receive pre-screened applicants and, you may qualify for funding to offset your training costs during the first three months a new employee is on the job.
- If your job candidate is a veteran with a service-connected disability, you may be eligible for an added $2,400 Work Opportunity Credit AND a VA Reimbursement equaling up to 50% of your new employees salary over 6 months.
To get a “customized” estimate of the incentives your company may qualify for go to the Hire Gauge and answer a few simple questions.
If the incentives above haven’t convinced you maybe these 4 revenue building reasons might:
- Expand your market. Customers with disabilities, including non-apparent disabilities (mental, behavioral health, substance abuse etc.,) their families, friends and associates represent a trillion dollar market segment. A large percentage say they prefer to patronize businesses that hire people with disabilities.
- Reduce turnover costs. As a group, people disabilities have higher than average retention rates, meaning fewer turnovers and less expense for you.
- Innovation and problem solving skills are highly prized. People with disabilities are innate problems solvers – they have to be – and they bring that ability with them to work.
- Individual training may also be part of the deal if you are working with the Washington Division of Vocational Rehabilitation* or one of the many not-for-profit Supported Employment agencies throughout the state.