Personal finance site The Penny Hoarder to triple workforce by 2020
Personal finance news site The Penny Hoarder plans to triple its workforce and hire 165 new workers by 2020, reports Margie Manning of the Tampa Bay Business Journal.
Manning reports, “New jobs include video editors, writers, data journalists, media analysts, developers and account managers. The average annual wage for the new jobs will be $66,098, according to an agreement between the Florida Department of Economic Opportunity and Taylor Media Corp., which owns The Penny Hoarder.
“If it creates the promised jobs, the St. Petersburg-based company will be in line for $990,000 in state and local tax refunds under the Qualified Target Industries program. In addition to the $4,000 per job the program offers, there also is a $2,000 per job for a high-impact performance incentive bonus.
“The Penny Hoarder, with a current staff of 80 full-time employees, decided to expand in St. Pete after considering sites in New York and Washington, D.C. It recently built out 23,000 square feet on the top floor of 490 1st Avenue S.”
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