ADP_WOTC1

2
There are numerous Work Opportunity Tax Credits available to companies today and these credits are crucial to help offset your increasing hiring costs. But, it can be difficult to identify and capture all the available credits without negatively impacting the hiring process for your managers and applicants. What Gets In Your Way? As we work with companies like yours, we hear HR leaders describe challenges like . . . Screening and compliance activities are done in disparate systems with manual processes. Identifying all credits for which an applicant is eligible is difficult. Screening process is difficult for managers and applicants. To get over these hurdles, you need to increase your eligibility rate by capturing all available credits, improve your certification ratio with better screening and documentation and streamline the screening process without missing opportunities. Increase Eligibility Rate You need to be able to employ inclusive screening practices that can identify credit opportunities in multiple categories. Improve Certification Ratio You need to be able to follow-up on multiple opportunities to obtain the necessary documentation for certification of identified credits. Streamline Screening You need to have a screening process that covers all the bases but doesn’t overburden your hiring managers or applicants with unnecessary steps and follow-ups. For more information on the ADP SmartCompliance ® tax credits module, contact your local ADP Representative or visit www.adp.com/taxcredits HIRING COST PER EMPLOYEE 1 Employers average: POTENTIAL FEDERAL CREDITS 2 $ 8,200 $ 9,600 1 Employer Branding Today 2 Internal Revenue Service Improve Work Opportunity Credits Capture and Streamline Hiring

Transcript of ADP_WOTC1

Page 1: ADP_WOTC1

There are numerous Work Opportunity Tax Credits available to companies today and these credits are crucial to help offset your increasing hiring costs. But, it can be difficult to identify and capture all the available credits without negatively impacting the hiring process for your managers and applicants.

What Gets In Your Way?As we work with companies like yours, we hear HR leaders describe challenges like . . .

• Screening and compliance activities are done in disparate systems with manual processes.

• Identifying all credits for which an applicant is eligible is difficult.

• Screening process is difficult for managers and applicants.

To get over these hurdles, you need to increase your eligibility rate by capturing all available credits, improve your certification ratio with better screening and documentation and streamline the screening process without missing opportunities.

Increase Eligibility RateYou need to be able to employ inclusive screening practices that can identify credit opportunities in multiple categories.

Improve Certification RatioYou need to be able to follow-up on multiple opportunities to obtain the necessary documentation for certification of identified credits.

Streamline ScreeningYou need to have a screening process that covers all the bases but doesn’t overburden your hiring managers or applicants with unnecessary steps and follow-ups.

For more information on the ADP SmartCompliance® tax credits module, contact your local ADP Representative or visit www.adp.com/taxcredits

HIRING COST PER EMPLOYEE1

Employers average:

POTENTIAL FEDERAL CREDITS2

$8,200

$9,600

1Employer Branding Today 2Internal Revenue Service

Improve Work Opportunity Credits Capture and Streamline Hiring

Page 2: ADP_WOTC1

A healthier WOTC program …

A health products retailer realized they were leaving money on the table when it came to effective capture of Work Opportunity Tax Credits so they asked ADP to manage the program. In two years, the retailer tripled its credits and created a culture of reporting and accountability among the managers of their 3,400 stores. Managers are able to effectively complete their WOTC tasks without taking focus off of their core store management responsibilities.

When you use the ADP SmartCompliance tax credits module, you could improve financial results while providing an easy, non-intrusive experience for hiring managers and applicants.

The ADP SmartCompliance tax credits module provides best-in-class screening methods and technology, dedicated professional staff, and leading data management to help you maximize credits capture while streamlining your hiring process.

With ADP, you will screen for multiple categories to increase your chance of capturing the maximum amount of credit available to you. And by leveraging technology and inclusive screening practices, we’ll help you find every opportunity in categories that you wouldn’t have the time or the resources to do yourself or with another vendor.

Improve Work Opportunity Credits Capture and Streamline Hiring

The ADP difference helps you…

Increase Eligibility Rate

With dedicated ADP follow-up teams, you’ll benefit from experienced professionals whose sole responsibility is to actively pursue all the forms and documentation you need to maximize your credits. You can be confident this team has the experience, professionalism, and skills you want to represent you well to applicants.

Improve Certification Ratio Streamline Screening

You’ll be able to provide web, mobile and phone screening for your applicants. With Step Logic, you will minimize your time to hire without sacrificing financial results. And with best-in-class data management, your hiring managers will spend less time and effort on WOTC processes. This means you may be able to complete the screening process more accurately and with less intrusion to the applicant.

The ADP logo, ADP and ADP SmartCompliance are registered trademarks of ADP, LLC. Copyright © 2014 ADP, LLC.