OTDA Home News & Public Information Performance Management and Accountability Wage Subsidy Program (WSP) 2007-2008
Wage Subsidy Program (WSP) 2007-2008
Appropriation Level: $4,000,000
Using wage subsidies as a hiring incentive, non-profit agencies work with employers to develop positions for individuals who have been unable to find employment through conventional means. The non-wage subsidy portion of the contracts is performance-based and vendors earn reimbursement as participants become employed, transition to and retain unsubsidized employment. Program goals are:
- Completion of 30 days in subsidized employment;
- Transition to unsubsidized employment;
- Completion of 90 days in unsubsidized employment, or 120 days for direct placement.
The unspent funds from the original cycle were reprogrammed to support six high performing contractors for the period of 1/1/09-12/31/11.
| Program | Funding | State Fiscal Year | Cycle |
|---|---|---|---|
| Wage Subsidy Program 2007-2008 | $2,163,088 | SFY 2007-08 | 10/01/07-12/31/08 |
| Wage Subsidy Program 2008-2013 | $1,836,912 | SFY 2007-08 | 1/1/09-12/31/13 |
| Total | $4,000,000 |
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