Appendix d

New Job Counting Method

What is the new way of counting and tracking jobs?
     
Rather than try to track thousands of jobs by individual employee and job title over a 5-17 year contract period, the improved tracking process looks at the characteristics of the business’s workforce at the time of the award and compares it to annually reported numbers. This new method collects data about the total number of full time employees and the average wage of that base, the number of full time employees that meet or exceed the Qualifying Wage Thresholds (QWTs) for IDED programs and the average wage of that group.
  
Base employment analysis & verification
Base employment analysis is now performed at the following stages of an award:

  1.   At the time of application, before the award is made.
  2.   Annually during the reporting cycle.
  3.   At the Project Completion Date.
  4.   At the End of the Maintenance Period.

Payroll documents are used to calculate and verify base employment numbers at each of these stages. 

Base employment analysis at time of application
The Department’s Business Finance team analyzes a businesses application and, using payroll records, establishes the base employment level at the Project location. The same base employment characteristics, that are used later in the contract and for annual reporting, are collected now at the beginning of the application phase before an award is made.

Contractual Job and Wage Obligations – Exhibit D
After an award is made, the job and wage obligations are outlined in a Master Contract between the Department and the Business. Exhibit D, Job Obligations, to the Master Contract:

    1. Indicates the programs providing direct financial and tax credit assistance for the Project.
    2. Includes the certified base employment numbers at the time of application.
    3. Establishes the Project Completion Date for each funding source.
    4. Establishes the End of Maintenance Period Date for each funding source.
    5. Identifies the total employment numbers that must be attained by the Project Completion Date and through the End of Maintenance Period.
    6. Describes the Qualifying Wage requirements that must be met.
    7. Indicates if the Benefits Value can be added to reach the Qualifying Wage (for IVF(2005) and HQJC the Benefits Value can be added to an employee’s pay to meet the Qualifying Wage Threshold requirements for a program).

 

Throughout the life of a Project, IDED now tracks:
Employment Totals

  1. The increase/decrease in the Company’s overall employment base.
  2. The increase/decrease in the average wage of the overall employment base.

Qualifying Wages

    • The increase/decrease in the number of Company jobs that meet or exceed the Qualifying Wage (with and without the Benefit Value added).
    • The increase/decrease in the average wage of the Company jobs that meet or exceed the Qualifying Wage (with and without the Benefit Value added).