Wage Subsidy Programs Lead to Job Creation
The Work First Foundation’s New York City Wage Subsidy Program boasts an 83% retention rate. Clients are hired by partner employers and temporarily paid by the Work First Foundation. This payment structure creates job opportunities as it allows employers to hire multiple employees where they would traditionally hire one. Employers train the subsidized workers in job-specific skills creating a more valuable candidate. These candidates have been hired at companies in a variety of industries and their training provides the opportunity for timely upward mobility.