New Jersey Works Act allows businesses to receive tax credits for funding pre-employment training programs in partnership with schools and nonprofits.
The New Jersey Works Act enables businesses to apply for tax credits when they fund pre-employment and work readiness training programs in collaboration with schools, nonprofits, or educational institutions. These programs must target low- and moderate-income trainees and those needing mid-career skills training or vocational retraining. Participants must be at least 16 years old, and eligibility cannot be based on high school diplomas or equivalencies. Programs must offer at least 12 weeks of paid training, covering areas like basic math, communication skills, and job readiness.
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