FL: Paylocity Expansion Will Create 176 New Jobs, 1.5M Investments
9 Dec, 2015
Governor Rick Scott announced Paylocity is expanding in Lake Mary and creating 176 new jobs. In addition to the expansion, Paylocity will retain 150 jobs and invest approximately $1.45 million in the local community. Paylocity is a provider of cloud-based payroll and HR management software solutions for medium-sized organizations across the country.
Governor Scott said, “We are excited to announce the creation of 176 new jobs in Lake Mary today. Paylocity has already created 150 jobs for local families, and this expansion is great news. We will stay focused on diversifying Florida’s economy by cutting $1 billion in taxes this year so businesses across the state can keep creating jobs and Florida can become first for job growth.”
Paylocity services thousands of businesses across the nation in need of payroll and HR services and was recognized by Florida Trend, a state business magazine, in 2013 as one of the best companies to work for in Florida.
“Our Lake Mary, Florida office plays a vital role in Paylocity’s mission to elevate payroll and human resources from the backroom to the boardroom. We look forward to a bright future as we expand and add even more talented and committed team members,” says Steve Beauchamp, Paylocity CEO.
The Paylocity expansion was made possible through partnerships between Enterprise Florida, the Florida Department of Economic Opportunity, the Orlando Economic Development Commission, Seminole County, the City of Lake Mary, CareerSource Florida, the University of Central Florida, Seminole State College, and Seminole County Public Schools.
Bill Johnson, CEO and President of Enterprise Florida, said, “Today’s announcement of Paylocity’s expansion in Lake Mary is great news. We are working every day to diversify our economy and create better jobs for Floridians. Great companies like Paylocity are recognizing that Florida is the best place to do business, and I look forward to seeing their continued success.”
Jesse Panuccio, Executive Director of the Florida Department of Economic Opportunity, said, “The expansion of Paylocity in Lake Mary is exciting news for Florida and will bring 176 new high-wage, high-skill jobs to the state. The business-friendly environment in the Sunshine State allows those already here, like Paylocity, to grow and thrive.”
“We are finding more and more IT companies expanding their presence in Orlando,” said Rick Weddle, president and CEO of the Orlando EDC. “Our well-educated and diverse workforce is elevating the region as a top destination for IT talent.”
“Our strategy to partner with the state and City of Lake Mary will once again benefit our citizens by creating job opportunities. I believe that our educational partnerships and housing options coupled with a reputation for an outstanding quality of life helps attract a talented workforce to our community”, said Brenda Carey, Chairman of the Seminole County Board of County Commissioners.
“We are thrilled to see an existing company expand within the City of Lake Mary. Paylocity’s expansion speaks volumes about our workforce and the quality of life we enjoy in the City of Lake Mary” added City of Lake Mary Mayor David Mealor.
As part of the project, CareerSource Florida has offered Paylocity performance-based grants for employee training through the Quick Response Training program. Quick Response Training grants are structured to be flexible and responsive to the training needs of new or expanding businesses.
“CareerSource Florida congratulates Paylocity on its continued growth and success in Central Florida,” said CareerSource Florida President and CEO Chris Hart IV. “The addition of 176 new skilled positions in the professional services industry, combined with Paylocity’s significant capital investment, is great news for this community and our state.”
“Our collective goal is to attract more companies, especially those within our targeted industries, to expand and add careers in our region,” said CareerSource Central Florida President/CEO Pamela J. Nabors. “Central Florida has an abundance of highly skilled, highly educated talent, and to see businesses recognize and react to our rich talent pool, either by locating or expanding here, shows we’re on the right track to meeting their needs.”
“Seminole State College, through our Quick Response Training (QRT) Grant program, is pleased to assist Paylocity as it again expands its operations in Lake Mary. This is the third QRT grant our staff has supported for this fast-growing software company since 2012. This sustained growth will provide excellent employment opportunities for our region and for our graduates,” said Seminole State College of Florida President Dr. E. Ann McGee.
“As we continue to prepare our students for the 21st Century workforce to compete in a global economy, we’re excited to see companies like Payocity expanding their footprint in Lake Mary and Seminole County. Thus, creating more jobs, bolstering our local economy, and creating potential employment opportunities for our future graduates,” said Dr. Walt Griffin, Superintendent of Seminole County Public Schools.
Paylocity is a provider of cloud-based payroll and human capital management, or HCM, software solutions for medium-sized organizations. Paylocity’s comprehensive and easy-to-use solutions enable its clients to manage their workforces more effectively. Paylocity’s solutions help drive strategic human capital decision-making and improve employee engagement by enhancing the human resource, payroll and finance capabilities of its clients. For more information, visit www.paylocity.com.
Enterprise Florida, Inc. (EFI) is a partnership between Florida’s businesses and government leaders and is the principal economic development organization for Florida. EFI facilitates job growth for Florida businesses through recruitment and retention, international trade and exporting, promotion of sporting events, and capital funding programs to assist small and minority businesses.
The Orlando Economic Development Commission (EDC) is a not-for-profit, public-private partnership on a mission to aggressively attract, retain and grow jobs for the Orlando region while advocating, championing, and educating in support of efforts to improve competitive position. The EDC serves Orange, Seminole, Lake and Osceola counties and the City of Orlando – a region of about 4,000 square miles and 2.2. million people. Since its start in 1977, the EDC, with the support of its community partners, has assisted thousands of companies locate and expand in the four-county Orlando region. For more information, visit www.OrlandoEDC.com.