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About a quarter of the users outsource some social media activities to public relations agencies or others. Only a handful of organizations (12%) have dedicated staffs who work only on social media: the rest said that social media is only “part of the job” for employees in areas like marketing, PR, and communications. Overall, half (49%) have up to one full-time equivalent working on social media. This reflects just how experimental many organizations view social media and how they have been reluctant to commit resources, perhaps because they are still not certain of its goals, effectiveness, and impact on the. | EMPLOYERS 8 Ways To Earn Income Tax Credits for Your Company The Work Opportunity Tax Credit WOTC An Employer Benefit for Hiring Job Seekers Most in Need of Employment In This Fact Sheet How to Earn a Tax Credit For New Hires How To Apply For The Tax Savings Where To Get More Information Background and Updates Use of the WOTC has substantially increased in recent years as Congress has introduced new target groups expanded several target groups requirements increased the tax credit and the qualified wages for Veterans and introduced new flexible filing provisions. For example 1 160 523 certifications were issued by the state workforce agencies in Fiscal Year 2011 and this figure is growing every year. NEW On November 21 2011 President Obama signed into law the VOW to Hire Heroes Act of 2011 P.L. 112-56 . Section 261 of the Act the Returning Heroes and Wounded Warriors Work Opportunity Tax Credits amends and expands the definition of WOTC s Veteran target group by increasing qualified wages and tax credits for certain veteran groups. The Act also created two new categories of unemployed veterans. The changes and new provisions in this Act apply to individuals who begin to work for an employer on or after November 22 2011 and before January 1 2013. This Act did not extend the non-veteran WOTC target groups. For additional information on these provisions and how employers and their representatives can participate please visit the program s national website at www.doleta.gov wotc or the Internal Revenue Service s website IRS at www.irs.gov form8850. Other Significant Changes 1 The legislative authority for the two temporary groups created by the American Recovery and Reinvestment Act of 2009 Recovery Act ended on December 31 2010. These groups Unemployed Veterans and Disconnected Youth no longer exist. 2 The legislative authority for the Empowerment Zones EZs and the remaining non-veteran WOTC target groups expired on December 31 2011. Expiration of the EZs eliminates .
