Allstate could hire ‘well beyond’ jobs planned for Charlotte, records show
The disclosure is among findings from documents received in a public records request following the insurer's
Gov.
Records also show
Here are some takeaways:
Codename: Clipper
Documents show
According to a proposed hiring schedule in documents, 735 hires would be made in 2018, 895 in 2019 and 620 in 2020.
In its requests for incentives, Allstate noted the expansion would build upon its decision four years ago to consolidate its
Allstate told state officials it already employed 1,444 in
Through the expansion, Allstate would be committing to a "significant" five-year growth plan resulting in the new hires, the company told state officials, adding: "Beyond this, we're optimistic that we will continue to experience success which will lead to sustained long-term growth."
"It is very possible that our final growth will extend well beyond the 2,250 new jobs described in this application."
Project rationale
In considering
The company told
"One of our operational goals for this project is to establish a larger talent center with a focus on succession planning," the company also said in incentives applications. Business activities in the operations center would involve claims, specialty operations, actuarial services, product underwriting, shared services and information technology functions.
At a press conference to announce the new jobs, Allstate said it was still looking at various sites in
The company did not immediately provide comment Wednesday. But in incentives applications, Allstate said options could involve expanding in
What was the competition?
Allstate said it believed those locations demonstrated the availability of a productive labor force, competitive labor costs and favorable business environments. In addition, the locations showed the availability of governmental incentives, the company said.
One document that listed estimates for state and local incentives showed Allstate could have received
In
State incentives include
According to one analysis drawn up by the
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