4 Reasons Why Hiring Ex-Convicts Is Good For Business
Recruiting the right people is essential to having a thriving company. Remember—your business is only as good as your employees! As such, you need to make sure that you are recruiting the best talents on your team. If you want to find the perfect people for the position, you’ll need to open your eyes and mind!
Many employers don’t usually prefer hiring ex-convicts because of their criminal records, but why not give them a chance? It’s understandable to feel apprehensive at first, but you never know if the ex-offender you hire may be the one to bring a significant change to your company!
When you open your doors to ex-convicts, you can enjoy all these benefits and more:
1. They are excited to start a new career
Since ex-offenders are starting over a new phase of their lives, they will feel motivated to give it their all to turn their life around and change for the better. Unfortunately, there are very few available ex-felon jobs—so they’re sure to grab every opportunity they get.
Once they’re given a second chance, you can expect them to contribute their full efforts to gain stability in their life by advancing in their careers and achieving professional success.
Who knows, the ex-offender you hire may become your best employee yet! As long as you provide them with the necessary training, they’ll be able to recognize their full potential and hone their skills, making them significant assets to your company.
2. They will strictly follow good work ethics
If there’s one crucial thing that ex-offenders lost, it would be trust. Because of their past, people are less likely to give them the benefit of the doubt. However, if you open your doors to them and trust them to do their job well, they will certainly make sure to protect and build that trust.
No one is more afraid of an ex-felon’s past than themselves. The desire to live a better life that’s entirely different from the one they had will urge them to follow ethics and be responsible at work. Ex-offenders will avoid trouble, work with sincerity, follow the rules, and perform efficiently.
3. You can expand your applicant pool
Are you sure you’re hiring the best people for the job, or have you been settling for less? Does a clean record trump excellent work performance and promising potential?
Just because someone has no prior conviction doesn’t mean that they’ll be a great asset for your company. A clean record only proves that they haven’t done anything illegal; it doesn’t say if they’ll be productive and efficient or work well with others.
If you want to find the right people for the job but can’t seem to find one in your applicant pool, then why not give ex-offenders a chance?
Opening your doors to people with previous convictions means you’ll have many more candidates to choose from. With the millions of Americans that have a prior conviction, you’ll definitely find a talented applicant that’s the best fit for your business and company culture—all you need to do is take a chance!
4. You could get incentives for hiring an ex-offender
Giving ex-felons jobs can help your business in the long run! When you hire an ex-offender, your organization has a chance of qualifying for a tax credit. As long as you recruit individuals from target groups who meet specific criteria, you can receive around $2,400 to $9,600 in maximum credit per new hire.
Through the Work Opportunity Tax Credit (WOTC), you can enjoy these benefits:
Reduced Federal Tax Liability
WOTC benefits can reduce your corporate federal tax liability and even eliminate it! If there is no tax liability, you can still apply for the credit.
Increased Profitability and Cash Flow
A WOTC-qualified employee can increase profitability by as much as 80 percent. Especially with the high cost of running a business, you can increase your cash flow and improve your margins when you hire an ex-offender eligible for WOTC.
Giving a second chance doesn’t just help that one person—in fact, you could also benefit from it too! As long as you perform the necessary background checks and ask the right interview questions, you’re sure to find the best talents for your business, regardless of their criminal record.
Are you looking to hire an ex-felon for your business in the US? Become one of our many employers today! We at Fallen Valor have been working with thousands of employers to help people with prior convictions live a better life by providing them with ex-felon jobs. Connect with us today to learn more about how you can work with us!