To help Ohio employers of all sizes add to their workforce, JobsOhio recently launched a new incentive program offering companies direct cash for hiring out-of-state professionals, with a focus on STEM and technical talent.
The program offers Ohio employers $15,000 for each qualifying out-of-state STEM or technical hire they successfully relocate to Ohio, up to $225,000 per company. The incentive is part of JobsOhio’s strategy to expand the state’s skilled workforce as economic growth creates unprecedented demand for specialized talent.
The Regional Growth Partnership supports the program by communicating to businesses, local economic development organizations and communities in Northwest Ohio the direct benefits and opportunities for further growth. Already, nearly two dozen regional companies have applied for the incentive.
The incentive is available on a first-come, first-served basis when a new employee relocates, starts work, and establishes Ohio residency. With funds allocated for large, mid-sized, and small businesses, employers of all sizes in JobsOhio’s 10 targeted industries are eligible to participate.
JobsOhio acknowledged the existing in-state talent pipeline powered by universities and community colleges, technical schools, apprenticeships and training programs, but also recognized that demand for STEM and technical talent is outpacing supply across the country.
With no restrictions on fund uses, participating employers can direct JobsOhio Relocation Incentive disbursements toward signing bonuses, relocation packages, recruiting campaigns, or other strategic talent acquisition investments.
Northwest Ohio employers can visit rgp.org/incentives to learn more about eligibility requirements, targeted industries and priority occupations; preview the application; or apply online.