ACRONYMS
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- WARN ActThe Worker Adjustment and Retraining Notification (WARN) Act of 1988 is a U.S. labor law requiring employers with 100+ employees to provide 60 days' advance notice of plant closures or mass layoffs. Its purpose is to give workers, families, and communities transition time for retraining or finding new jobs.
- WOTChe Work Opportunity Tax Credit (WOTC) is a federal tax incentive (up to $9,600 per employee) for businesses hiring individuals from specific target groups facing employment barriers, authorized through December 31, 2025. Employers must submit IRS Form 8850 within 28 days of a hire's start date to certify eligibility.