Could I buy a surety bond payable to the employer in the event the employee doesn't work out, but get a headhunter fee after a year if things go well? In a tight labor market, this arrangement would allow anyone to champion a hard-to-employ person they have personally observed...
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and trust. Like any other kind of investment, you'd want to have an easy way to diversify risk. So instead of betting on any one hard-to-employ person, perhaps there would be curated groups as well.
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The whole thing could be managed through an app. One can also imagine part of the investment strategy is to provide your group of hard-to-employ people with great advice, mental health care and addiction support, for example. Government wouldn't be involved.
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This is another example of the Golden Age, which I define as a time in which society does not have shortages of critical goods and services so much as it has a need for new and better systems.
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Correct summary!
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Getting the hard-to-employ employed should be worth something towards a tax credit
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CA gives a nice tax credit; why wouldn’t an employer have a 1 year program and get the tax credit annually https://www.edd.ca.gov/Jobs_and_Training/Work_Opportunity_Tax_Credit.htm …. $9500 might help a small bus - plus it helps the person looking for a job and the employer could be a job training program
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Very interesting. As an employer having a hard time finding people I might be interested. The surety bond would help because so much money is lost in training when someone doesn't work out.
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