Protiviti to create 450 new jobs in Cincinnati
Protiviti, a global consulting firm, has announced it will launch a new Americas Delivery Center (ADC) in the Cincinnati region. The Silicon Valley-headquartered firm expects to create 450 new jobs at the new office over the next five years.
Protiviti selected Cincinnati for the delivery center after an “exhaustive” national search, according to a release from the firm. Competing destinations included Kentucky and Indiana.
"We're thrilled to confirm Ohio and specifically the Cincinnati region as the best location for Protiviti to invest and expand in establishing our Americas Delivery Center," said Cory Gunderson, an executive vice president and leader of global solutions for Protiviti. "The region's business-friendly environment and access to talent were strong factors in our decision to establish our delivery center in the Cincinnati market.”
Protiviti will receive a nearly 2%, 10-year job creation tax credit from Ohio, at an estimated value of $4.1 million. As part of the tax credit agreement, the firm will have to maintain operations at the delivery center for at least 13 years.
The 450 new jobs will generate an estimated payroll of $25.6 million at an average of $57,000 per position.
The center will provide standardized, technology-enabled and cost-effective services for Protiviti’s global client base. Protiviti will announce the site location by the end of the summer and move into the facility by early 2022.
The firm has had offices in Cleveland and Cincinnati since its founding in 2002, and recently added a third Ohio location in Columbus. Protiviti has more than 4,500 employees across 85+ offices in over 25 countries.
The consultancy delivers services in business strategy and operations, performance improvement, digital transformation, technology consulting, risk & compliance, and transaction services, among other areas.
Protiviti late last year acquired Indentropy, an Austin-based consultancy specializing in identity and access management (IAM).
