JACKSON — Gov. Haley Barbour yesterday unveiled a new initiative, Mississippi STEPS: Subsidized Transitional Employment Program and Services, to aid small businesses in meeting their workforce needs while providing employment during these tough economic times.
Mississippi STEPS, a joint venture between the Mississippi Department of Human Services and the Mississippi Department of Employment Security, will subsidize the wages of a new employee hired by any public hospital, private non-profit or for-profit entity in the state over a six-month period. The program, which is part of the American Recovery and Reinvestment Act, will begin Oct. 2009 and run through Sept. 2011.
“Mississippi STEPS is unique in that it is a program specifically designed to benefit both the employee and employer,” Barbour said. “The STEPS program will provide much-needed aid during this recession by enabling businesses to hire new workers, thus enhancing the economic engines of our local communities.”
The Mississippi STEPS program is designed to place workers in jobs that will result in full-time employment, as well as increase the skill level of the eligible participant. The program covers an employee’s salary at 100 percent at the beginning of the six-month period, and the subsidy decreases in “steps” over six months.
Although the program is open to any public hospital or private business, preference will be given to small businesses. Eligible employees must have at least one child under the age of 18 and earn within 250 percent of the federal poverty line.
Any questions regarding STEPS should be directed to the Mississippi Department of Employment Security at (601) 321-6000 or by e-mail at firstname.lastname@example.org.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info