Union Towns Employer Committee welcomes Bob Caron

By Janice Boling NGN Reporter

Bob Caron, Director of Business Development at WALLACE Training and Recovery Company, was guest speaker at the February meeting of the Union and Towns Employer Committee. He gave an informative presentation about how businesses can benefit from Georgia’s retraining tax credit.

In 1994, in an effort to improve competitiveness of Georgia’s existing businesses, the State of Georgia introduced a tax incentive to encourage workforce development by helping companies offset the cost of training employees.

Qualified training includes newly implemented technology, newly installed equipment, software implementation and upgrades, total quality management, ISO 9000 standards, and self-directed work teams. Companies can receive up to 50% of direct training costs, up to a maximum of 50% of their total Georgia income tax liability, and up to $500 per approved training program per employee per year. Credits are retroactive and unused credit can be carried forward for up to 10 years. Eligible employees must be Georgia residents, continuously employed with the company for a minimum of 16 weeks, work a minimum of 25 hours per week, and be in the group of first-line employees and immediate supervisors (executives are not eligible).

Retraining may be provided by any qualified source, including in-house company training, training vendors, e-learning, technical colleges, and universities. Please contact WALLACE at (770) 772-0252 x 307 for a free assessment of the opportunities available.

The Union Towns Employer Committee meetings are held every other month at various locations in Towns and Union Counties. Membership provides the opportunity for informational sessions on issues directly affecting day to day business operations. For more information or to be added to the contact list, call the Georgia Department of Labor at (706) 745-6959.

 

WALLACE’s Director of Business Development Bob Caron

 

 

Bob Caron gives informative presentation