|EY to Create 375 New Jobs with Mecklenburg County Expansion|
|Published Tuesday, February 27, 2018 2:20 pm|
Ernst & Young LLP (EY), one of the largest professional services organizations in the world, will expand in Mecklenburg County creating 375 jobs and investing $8.2 million in Charlotte over the next five years.
The expansion includes development of an EY wavespace™ innovation center. The center will be part of the EY wavespace global network of growth and innovation centers bringing together multi-disciplinary teams to focus on disruptive growth, improvement strategies and technologies.
“This is a significant announcement for Charlotte and Mecklenburg County,” said Bob Morgan, Charlotte Chamber President and CEO. “EY’s commitment to expand and invest here is a testament to the talented workforce our community provides as well as the affordable cost of doing business.”
The EY wavespace in Charlotte will help clients face the challenges and opportunities of continuous change, digitization and disruption in their industries, with a focus on specific industry disruptors that impact clients' growth strategies in financial services and energy. EY wavepsace locations feature a shared methodology and platform that combines EY’s deep industry domain and regulatory experience with EY’s experience in disruptive technologies – such as artificial intelligence, robotic process automation (RPA), blockchain, the Internet of Things (IoT), data analytics, digital, customer experience and cyber security.
“This is an exciting time for EY and the state of North Carolina. We are seeing new and diverse skills bringing creative ideas and innovation to business leaders across the State. It’s our hope that EY wavespace will build on this momentum, providing a physical location where innovative talents come together to collaborate and navigate this transformative age,” said Malcomb Coley, EY Charlotte Office Managing Partner and Carolinas Market Leader.
EY will add a variety of job titles and functions with this project, including positions in areas such as forensic investigation, dispute data analytics, digital development, data analytics and robotics. Salaries for the new positions will vary by position with a minimum average salary of $74,926. The Mecklenburg County average wage is $65,285.
“North Carolina is a powerhouse for financial and professional services because of the ambitious, talented people who live and work here and the educational and training resources at their fingertips,” said Governor Roy Cooper. “The EY wavespace innovation center in Charlotte will create even more opportunities for North Carolinians to develop new ideas and creative solutions.”
The North Carolina Department of Commerce, the Economic Development Partnership of N.C. (EDPNC) and the Charlotte Chamber assisted EY’s expansion along with the North Carolina General Assembly, the North Carolina Community College System, Mecklenburg County, and the City of Charlotte.
Click here to read the North Carolina Department of Commerce release.
Economic development is a team sport. The Charlotte Chamber works closely with and appreciates our strategic economic development allies at the Charlotte Center City Partners, Charlotte Regional Partnership, City of Charlotte, Economic Development Partnership of North Carolina, Lake Norman Economic Development Corporation, Mecklenburg County, North Carolina Department of Commerce and University City Partners in growing the Charlotte-Mecklenburg economy.
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