Congratulations Darden!!
Thanks to the Economic Recovery Extension (ERE), Darden was able to extend its QTI job requirements until the economy picked up. As a result of the extension, Darden's QTI project agreement was not terminated. The State allowed them to extend the job creation portion of the agreement by two years. Today, Darden's 2011 QTI claim hass been approved for a $210,187 QTI refund payment. Had the State not granted the ERE, Darden may not have had the incentive to begin hiring again. With Florida's unemployment still at a high rate, it is awesome news when an existing Florida business is given an opportunity to reduce some of its costs. If you think of it, this payment should encourage Darden to begin hiring its next phase of employees.
Click on the link below to see the full article in the Orlando Sentinel.
http://articles.orlandosentinel.com/2012-04-05/business/os-darden-new-jobs-20120405_1_darden-restaurants-tax-incentives-olive-garden
No comments:
Post a Comment