Vermont B-37 Promise of Full-Time Employment

State:
Vermont
Control #:
VT-SKU-1001
Format:
PDF
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Description

B-37 Promise of Full-Time Employment

Vermont B-37 Promise of Full-Time Employment is a program that provides financial assistance to Vermont employers who hire and retain full-time employees. This program is designed to help businesses reduce labor costs and provide long-term employment opportunities. The program provides employers with a one-time payment of up to $4,000 for each new full-time employee hired and retained for six months. There are two types of Vermont B-37 Promise of Full-Time Employment: the Employer Payment Program and the Workforce Development Training Program. The Employer Payment Program provides employers with a one-time payment of up to $4,000 per new full-time employee hired and retained for six months. The Workforce Development Training Program provides employers with up to $2,000 per new full-time employee hired and retained for six months, as well as up to $2,000 in workforce development training.

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FAQ

The money for unemployment benefits is solely funded by employers by paying taxes into the unemployment insurance trust fund. For individuals, employers and others looking for information about unemployment insurance resources in Vermont, please review the links below, or contact the UI Division for more information.

If you work 35 hours or more or your earnings exceed your weekly benefit amount plus your disregarded earnings, you will be considered fully employed and will not be entitled to receive benefit for that week.

I need to open a new benefit year. How do I do that? To open a new benefit year, you will need to submit a new initial unemployment application. You can do this by calling the Claimant Assistance Center at 877-214-3330.

The work search requires claimants to submit proof of conducting three (3) job contacts (or activities) each week while collecting benefits. Claimants report job contacts when submitting weekly claims online. In order to be eligible for benefits, you must complete this requirement.

The FTE calculation shall be based on a 40-hour work week. No more than one FTE may be assessed against an individual employee, regardless of the actual number of hours worked by that employee during the calendar quarter.

Quit: If the individual quit a job for reasons not related to something the employer did, he or she will be disqualified from receiving benefits until he or she goes back to work, earns six times his or her weekly benefit amount, and then becomes unemployed again, through no fault of their own.

If you become unemployed and have worked in Vermont anytime in the past 18 months, you may be eligible to receive unemployment insurance benefits. Once you become totally or partially unemployed, the time to establish a new claim is during the first week you work less than 35 hours.

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Vermont B-37 Promise of Full-Time Employment