OTDA Home News & Public Information Performance Management and Accountability Wage Subsidy Program (WSP) 2014-2015
Wage Subsidy Program (WSP) 2014-2015
Appropriation Level: $950,000
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.
| Program | Funding | State Fiscal Year | Cycle |
|---|---|---|---|
| Wage Subsidy Program (WSP) | $950,000 | SFY 2014-15 | 9/1/15-8/31/21 |
| Total | $950,000 |
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