Corporate Expansion Brings Job Growth to Metro NOLA
- Jun 23, 2015
Payroll-services company Netchex will be growing Greater New Orleans’ job base, the company announced, adding 240 new direct jobs at its Mandeville, La., corporate headquarters in St. Tammany Parish and investing $5.3 million.
Founded in 2013 in Mandeville, Netchex has grown into a leading provider of payroll, human resources, time and attendance, and benefit services in the southern U.S., with additional offices in Dallas, Atlanta and Jackson, Miss. The company currently has a total workforce of 120, of which 86 are based in Mandeville. Netchex now plans to increase its Mandeville workforce by 240 new direct jobs, with an average salary of $43,800 plus benefits. To accommodate this growth, the company will lease 30,000 square feet of new office space. Netchex plans to relocate to the new space in early 2016, and occupy it for two years while its new corporate headquarters building is completed.
Netchex will make use of the Louisiana Economic Development (LED) FastStart workforce development program, Louisiana’s Digital Interactive Media and Software Development Incentive, and the state’s Quality Jobs Program. LED estimates that Netchex’s investment will generate an additional 120 new indirect jobs, pushing the company’s total impact to 360 new jobs.
Image credit: Netchex via Facebook