$1,000,000 grant bringing up to 200 jobs to Shawnee Co.
A million-dollar grant could bring up to 200 jobs to Shawnee Co.
GO Topeka awarded the incentive grant to se2, which already employs 600 people in the area. JEDO signed off on the deal on Wednesday.
“We are excited that se2 will use this investment in its future to attract and retain new employees,” said Scott Griffith, chairman of the GO Topeka board of directors.
“As the company continues to grow its workforce, our community’s reputation as a regional hub for financial services and as an excellent place to live, work and play will grow, too,” Griffith continued.
The grant would help se2 increase its staff by providing incentives of up to $1,000,000 over the course of several years. The insurance marketing firm would not receive more than $200,000 in any given year.
"People development is our number one priority. These investments will be vital to helping grow and develop our people," said Eric Rea, president of se2.
The grant provides se2 with:
- $3,000 for every job paying $30,000 to $39,999
- $4,000 for every job paying $40,000 to $49,999
- $5,000 for every job paying $50,000 to $59,999
The individual grants will increase at that scale until the reach a salary of $100,000. The company will get $10,000 for every job above that level.
Rea says the positions include working in the call center, and processing and technology areas.
"The news is another win for our City as we continue to expand our economy and grow the financial services industry," said Mayor Larry Wolgast. "But even more importantly, when existing companies choose to invest in Topeka, we grow as a community."
The company se2 is a leading third party administrator in the life and annuity insurance industry. Go Topeka describes is as a place that "uniquely combines its life insurance heritage, expertise in optimizing core insurance operations, seamless and efficient data conversion methodologies, leading edge administration technology platforms, and advanced analytics to solve critical business challenges."