{"id":1030,"date":"2010-10-12T11:20:22","date_gmt":"2010-10-12T15:20:22","guid":{"rendered":"http:\/\/www.salaryfor.com\/blog\/?p=1030"},"modified":"2010-10-12T19:45:32","modified_gmt":"2010-10-12T23:45:32","slug":"2010-hire-act","status":"publish","type":"post","link":"https:\/\/salaryfor.com\/blog\/2010-hire-act\/","title":{"rendered":"2010 HIRE Act"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/t1.gstatic.com\/images?q=tbn:ANd9GcT5phA8wQ2rSr3NvWnVJsp8NKAPdCoe5O8nMGAhGH2sABa3RfE&amp;t=1&amp;usg=__A35pgvV-Iv6omMMqyqCv9vWEEWI=\" alt=\"s\" width=\"106\" height=\"120\" \/><\/p>\n<p><strong>There are 2 main incentives of the HIRE Act to encourage businesses to hire from the ranks of the unemployed.<\/strong><\/p>\n<ol>\n<li>Companies are exempt from paying their 6.2% portion of withholding taxes in 2010 for new employees hired between February 2010 and January 2011.<\/li>\n<li>Employers will be paid a tax credit of up to $1,000 for new hires after one year.<\/li>\n<\/ol>\n<p>More specifics:<\/p>\n<ul>\n<li>New hires eligible for HIRE Act incentives must not have worked more than 40 hours in the 60 days prior to being hired.<\/li>\n<li>Employers who receive the $1,000 tax credit must pay workers at least 80% of the wages in the 2nd six months of their hiring date as in the 1st six months.<\/li>\n<li>Employers cannot game the system by hiring relatives or cutting existing staff (without just cause), to take advantage of the benefits.<\/li>\n<\/ul>\n<p style=\"text-align: left;\"><em>source: <\/em><strong><a href=\"http:\/\/2010hireact.com\/\" target=\"_blank\" rel=\"noopener\">2010HireAct.com<\/a><\/strong><\/p>\n<p style=\"text-align: left;\"><strong><a href=\"http:\/\/www.salaryfor.com\/\" target=\"_self\"><span style=\"color: #3399cc;\">click here for more salary information<\/span><\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are 2 main incentives of the HIRE Act to encourage businesses to hire from the ranks of the unemployed. Companies are exempt from paying their 6.2% portion of withholding taxes in 2010 for new employees hired between February 2010 and January 2011. Employers will be paid a tax credit of up to $1,000 for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[2227,1231,205,1079,2239,2236,39,2234,2238,2232,757,2229],"class_list":["post-1030","post","type-post","status-publish","format-standard","hentry","category-job-search-advice","tag-act","tag-game","tag-incentives","tag-new-hires","tag-paying-taxes","tag-relatives","tag-salary-information","tag-six-months","tag-specifics","tag-tax-credit","tag-wages","tag-withholding-taxes"],"_links":{"self":[{"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/posts\/1030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/comments?post=1030"}],"version-history":[{"count":6,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/posts\/1030\/revisions"}],"predecessor-version":[{"id":1048,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/posts\/1030\/revisions\/1048"}],"wp:attachment":[{"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/media?parent=1030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/categories?post=1030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/tags?post=1030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}