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Jobvite Inc. has moved its headquarters from San Mateo, California, to Indianapolis and plans to boost its local workforce by about 200 employees by the end of 2024, it announced Thursday.
The recruiting technology company, which entered the local market with a single-employee office in 2014, began growing its Indianapolis operations after acquiring Canvas Talent Inc. in early 2019.
The company said it will base its expansion from its downtown offices in the Guaranty Building on Monument Circle, which it opened in 2019.
The Indiana Economic Development Corp. offered Jobvite up to $6.8 million in conditional tax credits based on the company’s job-creation plans.
According to the contract signed with the IEDC last month, Jobvite is expected to invest more than $3 million in its local operations and hire 327 people by the end of 2024.
The contract, however, was initially discussed in 2019, when Jobvite had 32 employees. That number will be considered base employment, according to the contract. The company said it has already hired more than 100 people in Indianapolis.
Jobvite provides recruiting technology to attract, engage, hire and retain employees. Its Indiana customers include IU Health, MacAllister Machinery and Lessonly. The company said it facilitated more than 3,000 hires in 2020 for Indiana-based companies.
Jobvite said it plans to hire more Hoosiers in product engineering, sales, marketing, and finance.
“This city is a natural place for global technology companies like us to establish our home base,” said Jobvite CEO Aman Brar in written remarks. “We are excited to grow in Indianapolis while expanding our global customer footprint.”
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“Downtown is dead” they say, as Elanco and California tech company invest millions into new offices downtown.
Lots of doomer gloobers in the comments of IBJ about a lot of things. Indianapolis, democrats, covid, etc. Everything is the end of the world.
Well that imbecile Hogsett and his leftist political hacks did a pretty good job of allowing major sections of our downtown to be destroyed less than a year ago and has been a major enabler for the homeless and panhandlers, and needs to be held accountable. That said, this announcement is some welcome good news for a change. It will be interesting to see how many workers will be occupying the office buildings downtown going forward.
John, you can easily go see the current vacancy report as of Q4 and see there is barely a blip in the current vacancy of downtown office buildings….
Facts do not align with your polarized doom and gloom takes..
James M. – I’m in the business and I deal in facts, not opinion and emotion. The “physical” vacancies (i.e. people occupying space) is up dramatically, compared with economic vacancy. The trend now is for many companies to either reduce their physical space or just not renew. Because of the China Virus many companies have found that they can operate efficiently with their people working remotely. New York City is undergoing a huge transformation in this department and will be a much different place going forward. This trend is going to have a negative impact on major urban areas across the country, including Indy.
Lol John is a doomer gloomer
John, all the trends you mentioned there have absolutely nothing to do with Joe Hogsett. The inability for this country to manage the coronavirus is what caused the most damage to downtown. And as much as it’s cool to blame everything on Joe Hogsett, and some of that is valid, this one is not really his fault.
The riots broke buildings for a short time and make people afraid to go downtown. But the reality is, they weren’t coming downtown before the riots nor after the riots because it’s not safe to eat at restaurants and work indoors downtown due to the virus, not riots or the homeless. And, as you pointed out, now that lots of people have worked from home and a large chunk of them have proven they are just as productive, downtown will change.
Great News. Congrats to Aman and his team. Well deserved.
Congratulations, Aman!
im not sure its a slam dunk on remote working from home vs office buildings.My daughteer works for an insurance company and its mixed reviews on the subject.a lot of empoyess are realizing working from home wasnt as easy as they thought because kids were home as well and they didnt accomplish as much as they thought.when you’re at work you cant stop for a crying child but now that you’re home you’re more than likely going to stop to tend to your kids.the other issue is that my daughter noticed her job demanded more and pushed a heavier work load on her verses when she was in the office you got done what you could because you were out the office by a certian time.well companines figure you can do more from home so they’re pushing a heavier work load onto folks.plus she noticed she missed just being around co workers.
John M: the China virus? Trumper much? You realize, that kind of language contributes to the attacks we are seeing on Asians across the country. Well done!