FIS Launches Industry-First Job Board to Connect Benefits Recipients with Jobs, Employers with Tax Credits
July 02 2019 - 8:00AM
Business Wire
Key facts
- First-of-its-kind portal connects qualifying job seekers with
employment opportunities and employers with up to $9,600 in related
federal tax credits per hire.
- Job seekers who qualify include food stamp or supplemental
security recipients, veterans, individuals unemployed for 27 weeks
or more, and those who live in low-income areas.
A first-of-its-kind job portal from financial technology leader
FIS™(NYSE: FIS) is helping Electronic Benefit Transfer (EBT)
recipients find jobs, while connecting the employers who hire them
with up to $9,600 in federal tax credits per hire.
As a leading EBT processor, FIS is offering the Tax Credit Job
Board as a way to link EBT recipients and other qualifying job
seekers with open positions at participating employers. Qualifying
individuals include food stamp or supplemental security recipients,
veterans, those unemployed for 27 weeks or more, and people who
live in low-income areas. Applicants must complete an online
profile to determine eligibility and can post their resume, picture
and a video to the website or mobile app.
Participating employers are eligible for a potential tax
incentive under the federal Work Opportunity Tax Credit, which
provides them with $2,400 to $9,600 in tax credits per qualified
hire. Employers are notified when qualified candidates apply along
with the tax credit value they could earn. The platform automates
the tax credit application process.
“FIS has been processing EBT programs for over two decades and
we saw a need in the marketplace for a platform that could help our
state partners and more importantly, qualifying job seekers and
local employers,” said Kim Bynan, head of the EBT business at FIS.
“The new portal is a win-win-win. It provides an advantage to
millions of job seekers, new talent and tax credits to employers,
and reduced dependency on government programs for the states.”
Learn more about the Tax Credit Job Board at
https://www.taxcreditjobboard.com/.
About FIS
FIS is a global leader in financial services technology, with a
focus on retail and institutional banking, payments, asset and
wealth management, risk and compliance, and outsourcing solutions.
Through the depth and breadth of our solutions portfolio, global
capabilities and domain expertise, FIS serves more than 20,000
clients in over 130 countries. Headquartered in Jacksonville, Fla.,
FIS employs more than 47,000 people worldwide and holds leadership
positions in payment processing, financial software and banking
solutions. Providing software, services and outsourcing of the
technology that empowers the financial world, FIS is a Fortune 500
company and is a member of Standard & Poor’s 500® Index. For
more information about FIS, visit www.fisglobal.com.
Follow FIS on Facebook (facebook.com/FIStoday), LinkedIn
(linkedin.com/company/fis) and Twitter (@FISGlobal).
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version on businesswire.com: https://www.businesswire.com/news/home/20190702005055/en/
Kim Snider, 904.438.6278 Senior Vice President FIS Global
Marketing and Communications kim.snider@fisglobal.com
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