SMARTstart
Financial Firms and Shared Services Companies Love Pasco!
March 16, 2012
DID YOU KNOW? Tampa Bay has emerged as the preferred destination for corporate shared services operations – a claim easily backed up with the fact that 10% of the Fortune 50 and 9% of the Fortune 100 have located here. Tampa Bay hosts more than 40 back office and shared services operations that employ over 40,000 local residents. Major financial firms include:
- Raymond James Financial
- T. Rowe Price
- JPMorgan Treasury Technologies
- PriceWaterhouseCoopers
- Franklin Templeton
- Citigroup
Other big names in Tampa Bay are:
- Coca Cola Enterprises
- FedEx LTL Administrative Center
- Geico Direct
- Lockheed Martin
- MetLife
- State Farm Insurance
Key decision factors that brought these companies to Tampa Bay:
- Access to human resources talent – particularly four year college trained individuals. There are over 64,000 four-year college students in the area.
- Tampa International Airport – non-stop access to nearly 70 major North American cities with competitive fares.
- Attitude toward business – the local governments and business leaders have a strong interest in supporting the growth of back office and shared services operations in the Tampa Bay area.
- Competitive operating costs – the cost of labor and real estate is substantially less than in New York City. Labor is estimated at 15-20%+ less than in New York City and real estate is estimated at 50-70% less than in New York City.
Why wait? Why not make the move to Pasco County. We've got thousands of entitled acres, I-75 access and a huge talent pool waiting for you! JPMorgan Treasury Technologies
