Thanks for the link Zorro. I read the article and found some interesting tid-bits too.
"The Texas Back to Work program targets low-wage workers (less than $15 an hour) who are drawing unemployment or have exhausted their jobless claims. Dewhurst said the money is intended to be "a push" for reluctant employers to hire, not a subsidy for jobs they would be filling anyway.
Robert Funk, who manages two call centers for Aegis Communications in Irving, appeared with Dewhurst at a recent Dallas event promoting the program. He said he expects to hire 2,000 employees this year.
The jobs won't be new. His business isn't expanding. The call centers are hiring in an industry in which annual turnover runs 100 to 150 percent, Funk said.
The program, however, is changing whom Funk hires. In the past, he said, he typically hired younger workers who were switching jobs. By hiring the unemployed, Funk said, he is getting an older — and he hopes a more reliable — work force."
At least it's an incentive to hire someone off of unemployment, a bigger drain on the taxpayer, rather than someone switching jobs.
"In many instances, however, employers say the state is paying them to do what they would be doing anyway: filling crucial vacancies, expanding only when business conditions warrant or, in the case of high-turnover industries such as call centers, filling their constant roster of openings."
I'm with you TxHunter. Who is to say that the VEDC didn't have anything to do with it? Maybe they did, maybe they didn't. Part of the job of the VEDC is to seek out special programs and grants that local businesses can take advantage of, thus creating insentive to stay in our area which increases the tax base...yeah that is bad.
I guess some of us would rather pass judgement based on the opinion of others, rather than taking the time to research or attend meetings.
I guess in a twisted way, VEDC could actually claim credit for something that happened in the 60's, after all it does SAVE jobs, that where already there.
More power to them, but I don't think the VEDC was even around when the Invista plant was built. Didn't it use to be DuPont?
I'm always amazed by the number of negative comments... Here's a plant that isn't planning on closing down, is trying to retain the employees they have and be competitive in this economy (if they don't stay competitive, they will have to close eventually), and will provide income to residents of Victoria. They are investing in our community!
Corporate welfare is no different than any other form of welfare.