Apple has created over 2,000 Austin jobs since 2012
AUSTIN, Texas (AP) — Apple has created more than 2,000 new jobs in Austin since 2012 and is on track to meet the area hiring goals it promised in exchange for millions of dollars in public incentives, according to documents filed with the city.
The technology giant is set to receive $35 million in tax incentives over the next several years from the city of Austin, Travis County and the state of Texas for an expansion of its operations in central Texas, the Austin American-Statesman reported (http://bit.ly/1NMgvvD ).
According to the agreement, the average wage for those new jobs is to be $54,000 a year in the first year of the expansion and will stretch to $73,500 in the 10th year.