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Started By
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re: Austin tech company Accruent to hire 350 employees for New Orleans office
Posted on 6/11/18 at 12:44 pm to Y.A. Tittle
Posted on 6/11/18 at 12:44 pm to Y.A. Tittle
quote:
The digital media perk provides a 25 percent tax credit on qualified payroll for in-state hires and 18 percent for qualified production expenses. Accruent can only receive the tax break for its jobs directly related to digital media.
Other positions not related to digital media production can apply for the Quality Jobs tax break, which is a state income sales tax rebate of up to 6 percent on 80 percent of the company's gross payroll for new jobs. The incentive is good for five years, after which the company can apply for a final five years of eligibility.
the issues will multiply if the credit is transferable (like the movie credits)
1
Posted on 6/11/18 at 12:46 pm to LSUFanHouston
quote:
part of two adult, two income households.
No way
I'd think that most couples operate on a two-income basis now days. You wouldn't think that with all these plant baws and their "stay at home moms" on the OT though.
Posted on 6/11/18 at 12:46 pm to SlowFlowPro
Do they ever stipulate on these tax credits that the employees must have a Louisiana drivers license and be a resident for "X" amount of years prior to being hired?
This post was edited on 6/11/18 at 12:47 pm
Posted on 6/11/18 at 12:46 pm to TheCaterpillar
i seriously don't think so
Posted on 6/11/18 at 12:47 pm to SlowFlowPro
quote:
the problem is LA. LA can only afford these credits if they spur long-term investment. things that are portable (movies, IT, etc) are long-term losers. it's a Louisiana problem. with our demographic issues, we are trying to put the cart before the horse and that's just not sustainable. we have to target giving better "low" jobs to build our economy from the ground
I see your point with movies, but most white collar jobs are portable to some degree. Look at the DXC deal. That’s 2,000 jobs in New Orleans. It’s still portable but that takes several years. Again, what are you suggesting we invest in? We already give huge incentives for plant jobs too. That doesn’t do much for college grads looking to stay in state right now
This post was edited on 6/11/18 at 12:48 pm
Posted on 6/11/18 at 12:47 pm to fallguy_1978
Lake charles is mostly construction money, nothing long term
This post was edited on 6/11/18 at 12:49 pm
Posted on 6/11/18 at 12:48 pm to LSUneaux
Mitch still working his magic.
Posted on 6/11/18 at 12:51 pm to cahoots
quote:
but most white collar jobs are portable to some degree.
yeah and you have to build a base to really attract them long-term
why does silicon valley continue to thrive given its insane costs of operation? it has the base
why are places like Austin dominating places like Nola in tech? because Austin has public schools, a functioning government, and low crime rates. why do these things exist in Austin and not Nola? Austin has a much higher "lower class" than Nola. to solve the issues, Nola (and LA, generally) has to get jobs that raise the lower class
quote:
Again, what are you suggesting we invest in?
i don't know if there is anything worthwhile right now. when another major car plant is on the market, we need to go after that
just because there aren't good options doesn't mean our government HAS to do something
Posted on 6/11/18 at 12:52 pm to tankyank13
quote:
Lake charles is mostly construction money, nothing long term
the "boom" right now is in large part that, but when that's over we will have tons of new plants that are going to pay about the same as these jbos. thousands of plant jobs, too, from Cameron up through Sulphur
that's real investment that's going to bear fruit for the LA tax base for decades with thousands of jobs
Posted on 6/11/18 at 12:53 pm to SlowFlowPro
quote:
Austin has a much higher "lower class" than Nola. to solve the issues, Nola (and LA, generally) has to get jobs that raise the lower class
2/3 of our lower class are probably convicted felons
Posted on 6/11/18 at 12:54 pm to fallguy_1978
quote:
2/3 of our lower class are probably convicted felons
oh it's going to take time. we have a demographic issue. we have an INSANE portion of our population being trash/underclass culture. that's not going to be solved in a generation or possibly even 2
Posted on 6/11/18 at 12:54 pm to Mingo Was His NameO
How about that announced tech training program?
Lol.
Lol.
Posted on 6/11/18 at 1:02 pm to SlowFlowPro
quote:
the "boom" right now is in large part that, but when that's over we will have tons of new plants that are going to pay about the same as these jbos. thousands of plant jobs, too, from Cameron up through Sulphur that's real investment that's going to bear fruit for the LA tax base for decades with thousands of jobs
Yep. People want to bitch about us relying on the petrochemical jobs, but it's what is our bread and butter in this state and I hope things keep trending up. Due to low natural gas prices to power these places and the logistics set up for moving product, La is a good fit.
There are still quite a few projects going to move forward from Nola up to BR along the river, including a $9 billion Formosa chemical facility that should break ground in 2019.
If you know someone young that will work hard and wants to make money, steer them to get into welding, pipe fitting, instrumentation, inspections, or construction management
Posted on 6/11/18 at 1:05 pm to notiger1997
quote:
Yep. People want to bitch about us relying on the petrochemical jobs, but it's what is our bread and butter in this state and I hope things keep trending up. Due to low natural gas prices to power these places and the logistics set up for moving product, La is a good fit.
Being your bread and butter is fine. Being 100% totally reliant on something, however, is much different.
Posted on 6/11/18 at 1:06 pm to notiger1997
quote:
There are still quite a few projects going to move forward from Nola up to BR along the river, including a $9 billion Formosa chemical facility that should break ground in 2019.
If you know someone young that will work hard and wants to make money, steer them to get into welding, pipe fitting, instrumentation, inspections, or construction management
The construction companies all have white collar jobs too. My dad has a degree in Construction Mgt and spent his career in a office with one of the larger construction companies in BR.
Posted on 6/11/18 at 1:08 pm to Mingo Was His NameO
quote:
Being 100% totally reliant on something, however, is much different.
The Mississippi River and Gulf of Mexico arent going anywhere bruh...It's a safe bet
Posted on 6/11/18 at 1:08 pm to LSUneaux
Hopefully they get paid well so they can increase the muggers’ income
Posted on 6/11/18 at 1:09 pm to BigPerm30
quote:
LINK
Poli board
Yeah they're going to have a tough time getting talent unless there are some really low paying clerical positions driving down the average
Posted on 6/11/18 at 1:10 pm to notiger1997
quote:
Yeah it would be a good salary for a young person
Absolutely not
If you have a comp sci or engineering degree you can command a better salary than that in podunk Kentucky
65K in NOLA for a tech job is an insult
Posted on 6/11/18 at 1:11 pm to BlackAdam
quote:
They announce a bunch of jobs with way below market salaries and bring in the H1B1s when they cant fill the positions.
Oh good. The poo in the street will go well with the piss
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