Program will provide $4,000 per employee grant, which can be used to cover training costs or as a signing bonus.
The Baker-Polito administration launched a new hiring and training employer grant program today.
“HireNow,” is designed to help employers quickly hire and train new workers and get more people back to work. The new program provides eligible employers with a $4,000 per employee grant, which can be used to cover training costs or as a signing bonus for new employees. By providing employers with these flexible funds to facilitate quick hiring, the administration is focusing on addressing continued hiring challenges faced by employers and increasing labor force participation.
The program is open to all Massachusetts employers, including both for-profit and non-profit entities (excluding federal, state, and municipal governments). It is supported by $50 million in American Rescue Plan Act funds.
Employer Eligibility: Any Massachusetts employer who is in good standing with Department of Unemployment Assistance and Department of Revenue obligations and is not de-barred by the state is eligible (excluding federal, state, and municipal governments). Applications must be submitted by the employer, not an education or training partner.
Application Process: Employers must pre-register online at Mass.Gov/HireNow by providing employer information. Following the employee’s hire and 60-day retention period, employers will submit a final application for funding. The Commonwealth will also approve the planned use of the funds (training costs, signing bonus, etc.) when approving the application.
Eligible Hires: Hires must be made after March 23, 2022, be retained for a minimum of 60 days, and be placed in jobs that are at least 30 hours per week. New hires need to be Massachusetts residents employed in Massachusetts. There are also limits on compensation:
- Minimum eligible compensation: $14.25 / hr (minimum wage)
- Maximum eligible compensation: $42.50 / hr (~$85K annualized)
Funding: up to $4,000 for each eligible employee hired, with a limit of $400,000 per employer. Funds will be provided on a first-come, first-served basis.
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