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San Francisco Offers Small Businesses Money To Hire New Workers

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(CBS)

SAN FRANCISCO (KCBS) — San Francisco is looking for small businesses to participate in JobsNOW2, a scaled down version of the federal Jobs NOW! program that expired last September.
Over 4,100 San Franciscans found work through the federal Jobs NOW! program, but Congress declined to re-up the funding, and the city stepped in.

Now Mayor Ed Lee is trying to get out the word to small businesses that the financial incentive for hiring a new worker under JobsNOW2 has been doubled to $5,000, enough to pay the worker’s salary for two to three months.

KCBS’ Barbara Taylor Reports:

“It greatly reduces the risk and cost of hiring new employees, which would be a big plus for any business and a plus for our entire city,” Lee said.

Trent Rhorer, the head of the Department of Human Services said JobsNOW2 workers have a proven track record.

“Over 80 percent of the businesses that participated in Jobs NOW1 said the employees increased sales and increased efficiency,” Rhorer said. “As a result when the subsidy ended, many of these employees were kept on.”

Businesses that participate in JobsNOW2 must hire a single adult on public assistance, which has a pool of about 5,000 people who are looking for work. The city has $9 million dollars, which is enough to create about 300 jobs.

(© 2011 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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