On-demand digital interviewing platform provider, HireVue, will invest more than $30 million to expand its operations center in the Salt Lake County, Utah, with plans to create 540 jobs.
“HireVue has an almost decade-long track record of equipping companies of all sizes to hire and expand their workforces utilizing our digital interviewing platform,” said Mark Newman, HireVue CEO. “We’re excited to put our solution to work on our behalf as we expand our employee base here in Salt Lake City. This partnership with the state is fueled by our record growth to date and the substantial addition of clients to our roster.” The company currently employs a workforce of approximately 100 in engineering, support, customer success, sales and marketing.
“HireVue’s digital interview platform is a great example of Utah’s IT sector continuing to find ways to use innovative technology to improve business,” said Gov. Gary R. Herbert. “With HireVue and other software companies expanding in the state, we continue to hear the term 'Silicon Slopes' - referring to the rapid growth of Utah's IT industry at the base of our world-renowned mountains.”
The job expansion by HireVue shows Utah’s commitment to growing the strongest IT sector in the nation, Utah Governor’s Office of Economic Development said. Over the seven year life of the agreement with the state, HireVue will create 540 high-paying jobs. The GOED Board of Directors approved a $1,513,573 Economic Development Tax Increment Finance post-performance refundable tax credit, which the company can earn over the seven years of the agreement. The tax credit is calculated on a base rate of 15% percent of the net taxes collected from the company annually.
“We are very pleased that HireVue is moving forward with their expansion plans in Utah,” says Jeff Edwards, president and CEO of Economic Development Corporation of Utah. “It is extremely rewarding to see a quality Utah-based company grow and expand in our State, reinforcing our belief that Utah has a unique combination of assets that allows businesses, specifically in the IT sector, to flourish.”