tuscl

OT: These places will pay US workers thousands of dollars to move there

Papi_Chulo
Miami, FL (or the nearest big-booty club)
A Nebraska city with more job listings than applicants has extended a special offer to employers: It will match signing bonuses for out-of-town hires — up to $5,000.

A county in Michigan is advertising $15,000 payouts to STEM graduates who decide to live in its rural expanses.

And the state of Vermont recently approved a fund to pay $10,000 to employees who relocate there.

This is America’s bidding war for workers, an emerging feature of the increasingly tight labor market from the Midwest to the Northeast.

Creative twists on recruitment are popping up as the nation’s unemployment rate keeps sinking. The figure hit an 18-year low of 3.8 percent in May.

Megan McGown, vice president of economic development and marketing at the North Platte Area Chamber and Development, said her Nebraska city — population roughly 24,000 — needs people to work in factories, warehouses, medical centers and the railroad. About 500 jobs sit open.

“Those who can work are working, so we’re always in need of additional people,” McGown said. “You can’t drive around town without seeing a ‘help wanted’ sign.”

North Platte’s population hasn’t budged much since 2004. Under this pressure, business leaders and members of the City Council hatched plans to lure more people to town.
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First, they offered $12,000 checks to developers for each new house, figuring growth in the area's health-care and manufacturing industries required more lodging. Then they agreed to match signing bonuses paid to newcomers by up to $5,000. So far, two people have received the bonuses — both for a total of $10,000: a lawyer and a physical therapist. (Workers must make at least $20 an hour to be eligible.) The program is funded through a half-cent sales tax. The levy, which was imposed last March, sparked no backlash in the community, McGown said.

“People don’t want to see companies move away because they can’t find workers,” she said.
Related: Vermont’s creative approach to the labor shortage: Hire the tourists
In Vermont, lawmakers passed a bill in May to pay $10,000 to people who move to the state and work remotely. The law goes into effect in January. Supporters say the plan is designed to attract young mobile employees who have the flexibility to take the leap, decide to stay, have families and patronize businesses.

“We have about 16,000 fewer workers than we did in 2009,” Gov. Phil Scott said in a statement. “We must think outside the box to help more Vermonters enter the labor force and attract more working families and young professionals to Vermont.”

The state has received more than 1,400 inquiries about the assistance, a spokeswoman said. Vermont has earmarked $125,000 for the program’s first year.

In St. Clair, Mich., a lakeside county of roughly 160,000 people, business leaders teamed up with the local chamber of commerce to raise $100,000 to lure recent STEM graduates to the community about 40 miles north of Detroit. (The major industries are health care and manufacturing.)

“We spend a lot of money on traditional scholarships that aren’t bringing people back home,” said Randy Maiers, chief executive of the Community Foundation of St. Clair. “Why don’t we pay people to move back here?”

People who have graduated within the last seven years with STEM degrees are eligible for $15,000 awards to cover their student debt.
They call the effort “reverse scholarships,” Maiers said.

St. Clair’s initiative has so far persuaded 10 workers with an average of $79,000 each in student debt to relocate to the area: a veterinarian, an athletic director, teachers and medical workers.

Maiers said the local economic development team is now talking to community leaders in Ohio and West Virginia about how to replicate the program.

https://www.msn.com/en-us/money/markets/…

13 comments

  • twentyfive
    6 years ago
    ^ This is a serious problem in most areas of this country, I have actually spoken with applicants that have said if they can’t get to a certain salary range, they are considering moving to les than optimal areas because of the offered bonus’s.
  • jester214
    6 years ago
    It would have to be a much bigger bonus to get me to move to any of those places.

    It does remind me of when I was young and my dad, a G.P., would get letters from small towns offering crazy incentives to come open/takeover a practice their.
  • Papi_Chulo
    6 years ago
    I guess it may be a bit more enticing to young folks starting out - or folks currently struggling financially - or those tired of living in very expensive areas and having a hard time making ends meet.
  • jackslash
    6 years ago
    I offer financial incentives to strippers who move to Detroit.
  • Papi_Chulo
    6 years ago
    ^ I don't think your cum counts as financial-incentive but I could be wrong
  • shailynn
    6 years ago
    If there’s an In and Out Burger and low property taxes give me a call!
  • loper
    6 years ago
    Yes, and in my neighborhood every damn millenial wants to live here and it has driven up the cost of real estate to astronomical levels. And then they want the government to do something about the high cost of living because they feel they have a right to live here. Plenty of jobs in affordable towns.
  • whodey
    6 years ago
    We need a program like this for cities that have a severe shortage of qualified strippers. Cincinnati should be the first city to start this program, although it would have to be phrased creatively to avoid the bible thumpers that run local politics.

    Women Helping Our Resourceful Entrepreneurs Succeed ... or something like that.
  • mark94
    6 years ago
    I’ve wondered why people who own a small million dollar home in SF or LA don’t move to places like Dallas, Austin, or Denver. They could semi-retire while getting a house twice the size with better schools, lower crime, better roads. That makes more sense than a $10,000 bonus to move to rural Nebraska.
  • Longball300
    6 years ago
    And it only going to become more prevalent as all the boomers start to retire. We were talking about the subject last night. The other one that came up was.... truck drivers. A guys son pulls in six figures driving a truck and they are forecasting a huge shortage.

    https://www.foxbusiness.com/features/tru…

    https://www.washingtonpost.com/news/wonk…
  • RandomMember
    6 years ago
    Box-homes in Palo Alto are more like $2M, and the influx of Californians into Denver has turned Colorado into a purple state. And Californians are not welcome for pushing up the real estate prices and changing the political landscape.
  • jester214
    6 years ago
    @Mark,

    I see that all the time down here in NC. People sell there home in NY, NJ etc. and come down here and buy something comparable for a third of the cost. Plus they get better weather, friendlier people and lower cost of living.
  • twentyfive
    6 years ago
    I can’t imagine leaving Florida to move to any of those places Mark mentioned, I’m quite satisfied with where I live and my lifestyle, maybe if I were 30 something and looking to make my way in the world I might consider a change of venue like I did when I was a young whippersnapper of 36, but my life here is great, friends, family and all of those things make my life great.
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