With employment a central concern amid COVID-19, local residents in search of work may look to neighboring Jefferson Parish over coming weeks and months as Houston-based Service Corporation International (SCI) announced it will be adding 115 new finance jobs to its Jefferson Parish offices by 2023, with 81 of those to be filled this year and next.
Eight of the openings were open and accepting applications Monday via the company’s page on the Louisiana Job Connection website (louisianajobconnection.com/companies/SCI). The expansion came to be following the state and local economic agencies finalizing an incentive package for the company. SCI will earn $300,000 over four years if it meets its targets of hiring 81 employees by the end of 2021 and having all 115 jobs in place by 2023.
The jobs will be part of SCI’s Stewart Enterprises unit, a funeral and cemetery business based in New Orleans. The 115 new hires will perform finance and accounting functions for the company, which is investing $600,000 to convert office space for the new personnel.
According to Louisiana Economic Development (LED), the new jobs will be filled by Louisiana residents and will provide an annual salary of $47,000 plus benefits.
In addition to the 115 direct job additions planned, LED estimated the expansion will also result in the creation of 37 new indirect jobs in Southeast Louisiana.
LED, the Jefferson Parish Economic Development Commission and Greater New Orleans Inc. jointly participated in discussions with SCI about the project. To secure the expansion, the State of Louisiana offered the company a competitive incentive package that includes LED FastStart support and a $200,000 performance-based grant to offset the costs of building improvements. In addition, SCI plans to utilize Quality Jobs Program incentives.
LED added some corporate office functions represent a recapturing of jobs from overseas.