ST. PETERSBURG — Ceridian Corp. plans to hire 220 employees this year. If it reaches that number, the St. Petersburg-based company could receive $1.9 million in tax refunds.
The new hires will be distributed among two of Ceridian's business divisions — human resource management and credit-and-payment management.
St. Petersburg Mayor Bill Foster said the hiring would provide the city with $9.765 million in “payroll growth.” Spread across 220 new hires, that would set the average salary for Ceridian's new employees at just more than $44,000 a year.
If Ceridian meets its announced hiring goals, the company's $1.9 million in refunds would come from three tax refund programs: the state's Qualified Target Industry (QTI) program; the “brownfield zone” program; and the “enterprise zone” program. (See “Twilight Zones” for more information on zone bonuses.)
In the same notice, Ceridian announced that it planned to spend $1.5 million to develop vacant space on its 400,000 square-foot campus in St. Petersburg.
Ceridian Corp. earned $1.5 billion in 2009 revenues.