Human capital management solutions provider ADP will create an “innovation lab” in New York City, creating 110 jobs on top of 22 that already exist. The new positions include software developers and data scientists, said the office of New York Gov. Andrew Cuomo.
ADP already employs 2,900 people at nine facilities in New York State. Its R&D organization develops all of the software that the company provides to clients, and has approximately 3,000 staffers in 30 states. The company has an existing innovation lab at its headquarters in Roseland, N.J.
ADP plans to establish a $25,000 software development facility at an address that isn’t yet known. New York’s Empire State Development organization offered the company $2 million in performance-based tax credits, which are directly tied to job creation and investment commitments. In return, ADP will make more than $11.5 million in capital investments to establish the new operation. The company estimates research and development expenditures at the location will reach approximately $10 million annually.
“Our goal for this facility is to have highly specialized and creative teams focused on quickly incubating and delivering capabilities that will dramatically increase the value of our HCM platforms for clients,” said Mike Capone, ADP’s corporate vice president of product development and CIO.
In addition, the company will participate in an internship program to encourage city students to pursue college STEM studies.