Why You Should Actively Recruit
Business leaders across the country are finding ways to reduce barriers to employment. Corporations like Total Wine & More, Starbucks, Home Depot, American Airlines, Koch Industries and Under Armour have created hiring practices inclusive of people with criminal records. Smaller companies, including Butterball Farms, Dave’s Killer Bread, and Haley House Bakery, have found qualified talent by tapping into this pool of job seekers.
Research by economists confirms that hiring people with records is simply smart business. Retention rates are higher, turnover is lower, and employees with criminal records are more loyal. Given the costs associated with turnover and recruitment, researchers have found that “employees with a criminal background are in fact a better pool for employers.” - Getting back to Business (ACLU)
Massive Talent Pool
Roughly 9% of the U.S. workforce has a felony criminal record with an additional estimated 626,000 people coming come from jail and prison every year. These individuals are willing and determined to find sustainable employment so that they can rebuild their lives.
The Work Opportunity Tax Credit (WOTC) is a federal program that offers employers the opportunity to earn thousands of dollars in tax credits for each eligible, formerly incarcerated individual they hire.
Free Federal Bonding
The Federal Bonding Program (FBP) protects employers against losses caused by acts of newly hired, formerly incarcerated employees. The free program offered by the US Department of Labor significantly reduces risk by covering the first six months of employment at no cost to the job applicant or the employer.