Enterprise, Trade and Investment Minister, Jonathan Bell has announced 289 new jobs by 2017, courtesy of Texas-based firm OneSource Virtual (OneSource), which is to set up an HR Outsourcing Centre in the city.
OneSource is a Business Process as a Service (BPaaS) provider. Its HR outsourcing services include payroll administration, benefits administration and application management services.
Jonathan Bell said: “This is a major project for Londonderry, which will see 289 new jobs in place by 31 December 2017.
“OneSource has chosen to create its first European operation in Londonderry, with the centre opening in September. The company undertook a rigorous evaluation of a number of locations looking at the availability of a skilled workforce, local higher education provision, quality of life and cost of living, as well as the financial business case. It was down to two locations and, with the support of Invest NI, Londonderry was chosen, securing this project for Northern Ireland.
“The new jobs will be across a range of roles including deployment, application management services, and payroll services, with most of the employees having the potential to earn £36,000 per annum. When the project is fully operational, it will contribute nearly £12million of salaries to the economy annually.
“The new centre will service both existing OneSource clients in the US and new clients based in Europe as part of its expansion plans. This will offer staff an exciting and creative opportunity to provide innovative, cloud-based HR solutions to international firms.
“This is the second new investor for the city announced in a matter of weeks, which reflects our strong commitment to working with our partners in the North West to deliver projects that will provide economic benefit, not only to the immediate area, but also to the whole of Northern Ireland.”
OneSource Virtual co-founder and CEO Brian Williams expressed his excitement about the company’s first European venture. He said: “OneSource employees are intelligent problem solvers and creative thinkers who aspire to build long-term careers in a high performing, culture-focused company. We will be looking for technology graduates with three to five years’ experience who possess strong verbal skills and thrive in a fast-paced environment as well as experienced UK payroll professionals. With the support of Invest NI, through its Skills Growth Programme, we will be providing the staff with intensive training and support throughout their career.
“We have been very impressed by the opportunities we see in Londonderry and are looking forward to working closely with the business community and local colleges and universities to help develop our centre.”