WDACS News

Meet Our Economic and Business Development Team

By February 19, 2020 No Comments

The Economic and Business Development (EBD) division works on proactive initiatives and programs focused on serving the business community and meeting the needs of the local economy. Through strategic partnerships, services and initiatives, we promote economic development by connecting individuals to careers and employers to a skilled workforce. This includes providing support and management of the Business Services Representatives located within the 16 America’s Job Center of California (AJCCs) in Los Angeles County.

Business Service Representatives ensure businesses are connected to resources needed to start, manage and grow a business. Available services include one-on-one business advisory, layoff aversion and management, recruiting and hiring, and access to state funding to train new staff or upskill current employees. Regardless of what your business needs are, the Economic and Business Development team is ready to help you access County resources.

The Economic and Business Development team manage workforce programs with pipelines to employment in various high-growth industries. It is the divisions mission to propel economic growth and help lift economically disadvantaged residents experiencing barriers to employment out of poverty and into self-sufficiency.

Business services include:

On-the-job training – AJCCs can subsidize part of the costs incurred to train the new employee. This program is called On-the-Job Training (OJT). OJT is a low-risk, high-value means to hire new talent, mitigate the learning curve for new employees, minimize business disruption while providing training, and ultimately benefit the business with improved operations and an excellent return on investment.

Rapid Response – Our Rapid Response services can help your business avoid layoffs and closure, train current employees, train new employees, quickly place laid off employees in new jobs.

Specialized Business Service Representatives can work with you and your employees to minimize losses and improve morale. We can also assist your business with strategic planning to ensure that your business does not face a similar situation in the future.

Work Opportunity Tax Credit – The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers for hiring individuals from certain targeted groups who have consistently faced significant barriers to employment. WOTC joins other workforce programs that incentivize workplace diversity and facilitate access to good jobs for American workers. Businesses can earn tax credits from $1,200-$9,600 depending on the target group(s) qualifications of the employee, hours worked, and wage rate. For example, the maximum tax credit for employing a qualified individual with a felony conviction for at least 400 hours in the first year is $2,400. For assistance applying for WOTC, contact your local America’s Job Center of California.

EDD Fidelity Bonding Program – The Employment Development Department (EDD) Fidelity Bonding Program provides bonding services to help alleviate employers’ concerns in hiring ex-offenders and at-risk job applicants. This is accomplished through providing a level of insurance for employers against possible theft and dishonest or fraudulent acts. The bonding program is provided at no cost to employers, employees, and job seekers at America’s Job Centers of California (AJCCs) throughout the state.