The Federal Bonding Program and the Work Opportunity Tax Credit

The Federal government offers employers two big incentives for hiring ex-offenders. Many employers don’t even know about these programs, so you may have to be the one to educate them.

The Federal Bonding Program

This program provides free insurance to employers to protect them from employee theft. It covers any type of stealing — from forgery to larceny to embezzlement.

Find out more about the Federal Bonding Program, and see additional information from the Colorado Department of Labor & Employment.

When you apply for a job, bring a bonding program brochure with you (you can print at any library). This brochure tells employers what the program is and how to apply for it.

The Work Opportunity Tax Credit (WOTC)

This Federal tax credit reduces an employer’s tax liability for hiring someone who is in a difficult-to-hire group (such as welfare recipients, disabled veterans, or ex-offenders). It basically gives money to employers who hire you.

Find out more about this tax credit from the U.S. Department of Labor or the Colorado Department of Labor & Employment.

When you apply for a job, print and bring a WOTC brochure with you (you can print at any Library).