- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: JBE: "one of the most significant economic development announcements in Louisiana history"
Posted on 11/13/17 at 2:22 pm to Ancient Astronaut
Posted on 11/13/17 at 2:22 pm to Ancient Astronaut
quote:
I wonder where this will be. Moldy crescent city tower?
My landlord in New Orleans who owns multiple rental properties said someone bought that building and is renovating it out. I realize that's not hard evidence but I don't know why he'd outright lie about something like that.
1
Posted on 11/13/17 at 2:24 pm to MrLSU
quote:
State offered incentives package valued at abt $120 million - includes state's FastStart job training, as well as its Quality Jobs Program, which provides a cash rebate of up to 6 percent of a company's annual payroll for as long as a decade. via @rthompsonMSY
Posted on 11/13/17 at 2:26 pm to tke857
Freeport McMoran building supposedly.
Posted on 11/13/17 at 2:37 pm to Captain Crackysack
quote:
Would be a mighty dumb financial decision to build those ships in the US
Not to mention haughtiling will most likely charter those ships, not build them himself
Well I was wrong anyway.
Posted on 11/13/17 at 2:48 pm to I B Freeman
quote:
It is a big company. It is also a start up---inheriting business HP abandoned.
We shall see.
Yeah that's like saying when Time Warner split off Time Warner Cable... that Time Warner Cable was a startup
Posted on 11/13/17 at 2:52 pm to LSUFanHouston
Can anyone provide some perspective on this? Is it really one of the most significant economic development announcements in Louisiana ever?
Posted on 11/13/17 at 2:53 pm to LSUFanHouston
Here is what is funny about this thread:
1) Most of the people complaining are not from the NOLA area... many are not even in Louisiana
2) If they bring in 2,000 dot Indians here and pay them 35K a year.. that's still 2,000 people living here, shopping at local stores, paying rent, paying sales tax, paying state income tax, etc. Reality is this is going to grow over time.
3) State will make an investment in schools.
This isn't as transient as film jobs... but it's also not as sticky as plant jobs. Hopefully the state learned from past incentive failures and are forcing the company to have some more skin in the game.
1) Most of the people complaining are not from the NOLA area... many are not even in Louisiana
2) If they bring in 2,000 dot Indians here and pay them 35K a year.. that's still 2,000 people living here, shopping at local stores, paying rent, paying sales tax, paying state income tax, etc. Reality is this is going to grow over time.
3) State will make an investment in schools.
This isn't as transient as film jobs... but it's also not as sticky as plant jobs. Hopefully the state learned from past incentive failures and are forcing the company to have some more skin in the game.
Posted on 11/13/17 at 2:55 pm to lsu13lsu
We have never had an LED incentive package for 2,000 jobs. So in terms of "economic development" i.e. the work done by such people who try to get businesses to locate here... yes... it's high on the list.
I'm interested in seeing how many people they are going to transfer here. 2,000 jobs for a company with 170,000 of them means this is a piss-ant office for them.
I'm interested in seeing how many people they are going to transfer here. 2,000 jobs for a company with 170,000 of them means this is a piss-ant office for them.
Posted on 11/13/17 at 2:55 pm to LSUFanHouston
Any idea when they will start hiring?
Posted on 11/13/17 at 2:56 pm to WavinWilly
they already have
Posted on 11/13/17 at 3:04 pm to tke857
quote:
Rep. Garret Graves?Verified account @RepGarretGraves
As the offspring of the former CSC company, both DXC and CSRA are the culmination of the recruiting efforts that began in 2013.
Garrett throwing a little shade on JBE taking credit for this.
Posted on 11/13/17 at 3:09 pm to LSUFanHouston
quote:You think the money they return in stores, sales tax, etc. will equal or exceed the amount the state is putting up to bring the company here in the first place?
2) If they bring in 2,000 dot Indians here and pay them 35K a year.. that's still 2,000 people living here, shopping at local stores, paying rent, paying sales tax, paying state income tax, etc. Reality is this is going to grow over time.
Posted on 11/13/17 at 3:11 pm to LSUFanHouston
quote:
1) Most of the people complaining are not from the NOLA area... many are not even in Louisiana
I live 45 minutes from the CBD and have worked in the CBD off and on.
quote:
2) If they bring in 2,000 dot Indians here and pay them 35K a year.. that's still 2,000 people living here, shopping at local stores, paying rent, paying sales tax, paying state income tax, etc. Reality is this is going to grow over time.
Right, and that's basically telling recent graduates in who studied tech in school and people like me who have a ton of experience in IT a big frick you because this company doesn't want to pay market wages. Then people start bitching about the brain drain in the state and why we can't seem to keep or attract educated people to Louisiana so more high tech companies could potentially come here without our state giving up taxpayer money to do so.
H1B visas are abused, period.
quote:
3) State will make an investment in schools.
Yeah, I don't believe that for a second.
This post was edited on 11/13/17 at 3:12 pm
Posted on 11/13/17 at 3:13 pm to lsursb
quote:Woof.
The 2,000 jobs are expected to be in place by 2024, with a total payroll of more than $130 million.
To land the deal, the state offered a package of incentives estimated at about $120 million. That includes almost $19 million in performance-based grants doled out over time, about $25 million that would go to local universities to cover workforce training, and payroll rebate of $57 million over 10 years.
Posted on 11/13/17 at 3:18 pm to Pechon
per NOLA.com
quote:
A majority of the DXC jobs are expected to be local hires.
Posted on 11/13/17 at 3:20 pm to ell_13
will cost the tax payer 60k per job
Posted on 11/13/17 at 3:22 pm to tke857
quote:That's funny. They're claiming the average salary will be 63k.
will cost the tax payer 60k per job
Which is a high estimate, we all know. Which is extremely low for an average "tech" job, which we all know this really isn't.
Posted on 11/13/17 at 3:30 pm to BobRoss
They can say whatever they want. They're going to claim they can't find talent because of some bullshite job requirements that nobody would have. For example, 10 years experience managing Windows Server 2016, not just Windows Server, the latest version that's only been on the market for a fricking year. When they can't find the unicorn they're looking for, they bring in some guy they can pay 30%-50% less than what the market demands.
It's an IT outsourcing company like Infosys and Wipro. Sure, there will be a few local hires but a majority will be H1B visas.
It's an IT outsourcing company like Infosys and Wipro. Sure, there will be a few local hires but a majority will be H1B visas.
Posted on 11/13/17 at 3:35 pm to Pechon
quote:If they think a Windows admin is only worth 60k, then it's much worse than that.
When they can't find the unicorn they're looking for, they bring in some guy they can pay 30%-50% less than what the market demands.
It's an IT outsourcing company like Infosys and Wipro. Sure, there will be a few local hires but a majority will be H1B visas.
Posted on 11/13/17 at 3:44 pm to ell_13
quote:
If they think a Windows admin is only worth 60k, then it's much worse than that.
Meh, that's just an example of a job requirement I've actually seen at one time. A hiring company wanted several years experience on a software product that had only been on the market for a year.
Page 20 of 22
Popular
Back to top
Follow TigerDroppings for LSU Football News