Ex-offenders are one such target group for the Work Opportunity Tax Credit (WOTC). By hiring an ex-offender who works a minimum of 120 hours, employers can claim a partial tax credit. ... So, the tax credits could add up to significantly reduce an employer's tax burden.

Why should companies hire ex convicts?

Employers Receive Tax Credits for Hiring Workers with Past Felonies. employers who hire a person convicted of a felony within a year of the conviction or the date of release from prison. The tax credit often is $2400. Hiring Workers with Criminal Records Is Cost Effective and Has Other Benefits.

Why do companies not hire ex convicts?

Many employers won't hire felons, believing they are dishonest and likely to commit a crime on the job. Or employers fear the public finding out they hire felons, damaging the company's reputation and losing business. Another reason is to protect their company. ... There is potential for crime in the workplace.