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Foxconn Hiring 3,000 Veterans in Exchange for Tax Credit

September 17, 2018

Via: FindLaw

When running a business, keeping costs down and retaining good employees are two of life’s major challenges. But what if you could do both at the same time?

Foxconn just announced its plans to launch a military veteran recruiting campaign with 20 stops across the country to help staff its new flat screen manufacturing facilities in Wisconsin. Its goal is to hire 3,000 veterans, and at a potential annual tax benefit of $9,600 per employee per year; that’s nearly $29 million per year in tax credits, which are far more valuable than tax deductions.

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