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03-25-2007, 06:49 PM
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Member
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Join Date: Mar 2007
56 posts, read 47,812 times
Reputation: 13
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Relocating--what is the job market like?
Hello All,
My husband and I are looking to relocate to Charlotte this summer. We are a young couple looking for a change. We are both college graduates and are interested in changing our lines of work. However we are not sure how the market is in Charlotte? What companies are thriving in the area what industries are doing well? Where would be the best bet to apply and who would be willing if any to offer a relocation package to either of us?
I am hoping that some of you may offer some insight for us. We are coming from Philadelphia and would like to make the move this summer when our lease is up on our apartment. Thnx for your HELP  |
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03-25-2007, 10:29 PM
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Member
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Join Date: Mar 2007
Location: Charlotte, NC
82 posts, read 95,222 times
Reputation: 24
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Good news & bad news...
The good news is that there is TONS of opportunity here! The job market is good & it should be easy for educated folks like you to find jobs.
The bad news is that the job market here is pretty much dictated by the big banks (Wachovia & B of A), so it's somewhat monolithic.
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03-26-2007, 08:06 PM
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Member
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Join Date: Mar 2007
56 posts, read 47,812 times
Reputation: 13
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banks would be ok actually what we would be looking for. I am in the mortgage bussiness myself and my husband is in finance. any suggestions to where to go from there..
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03-26-2007, 08:50 PM
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You're gonna love my nuts
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Join Date: Feb 2007
Location: Leavin' myself open to a murder or a heart attack
4,070 posts, read 2,346,415 times
Reputation: 1358
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Quote:
Originally Posted by kaymay
banks would be ok actually what we would be looking for. I am in the mortgage bussiness myself and my husband is in finance. any suggestions to where to go from there..
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Just watch the banks. BoA in Charlotte went through two recent downsizings (one major and one not so major) and Wachovia's already been downsizing and they're gearing up for a 20% reduction by 2007-'08. The Indian company that Wachovia's using for the outsourcing is supposed to be sitting with people in both Winston Salem and Charlotte to see what it is they can take.
Just a FYI on the banks. |
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03-26-2007, 08:52 PM
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Not a member
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Join Date: Aug 2006
Location: Cornelius
2,309 posts
Reputation: 287
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I can say with almost 100% that this is happening at both banks. I believe the company in India is called Gen Pack.
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03-26-2007, 09:31 PM
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You're gonna love my nuts
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Join Date: Feb 2007
Location: Leavin' myself open to a murder or a heart attack
4,070 posts, read 2,346,415 times
Reputation: 1358
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Quote:
Originally Posted by CharlotteAgent
I can say with almost 100% that this is happening at both banks. I believe the company in India is called Gen Pack.
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It's Genpact and it's 100% certain that it's happening with Wachovia. They're going to be paying those folks in India about $6,000 a year without health insurance. They've already taken jobs from the OC's off of WT Harris and they're gearing for a much bigger round.
http://www.journalnow.com/servlet/Sa...=1037645507703
As per a recent meeting the quote went, "We're going to outsource jobs you'd never think we could outsource".
I honestly have no idea if BoA has anything in store (they're job pickings got pretty slim after the first huge round of layoffs) but Wachovia's plans are pretty clear. It'd be a great place "for now" but if you take anything with them with long term plans, you might find yourself with a sleepless night or two. |
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03-26-2007, 09:38 PM
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Member
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Join Date: Mar 2007
Location: Charlotte, NC
82 posts, read 95,222 times
Reputation: 24
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I'm an I.T. guy and without a doubt I got out of the rat-race partially because of this. It's bad news. You've got the CEOs making obscene amounts of money and then they're "cutting costs" by shipping jobs overseas.
Bank of America is more brazen about it, but BOTH banks do it.
I can say I bank with neither of those.
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03-26-2007, 09:51 PM
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Senior Member
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Join Date: Feb 2007
Location: Phoenix AZ but I need a beach.
4,171 posts, read 4,095,101 times
Reputation: 563
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Quote:
Originally Posted by CharlotteAgent
I can say with almost 100% that this is happening at both banks. I believe the company in India is called Gen Pack.
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They are talking about it a Duke Energy too. |
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03-27-2007, 01:10 PM
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Member
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Join Date: Mar 2007
10 posts, read 9,602 times
Reputation: 10
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BOA experience
Hi-
I am a Real Estate broker in Charlotte that just left a job with Bank of America. I was with BOA for 2 years in Business banking, so I serviced and sold loans and all that. They are always trying to outsource things at any bank or big company, but if you go into a sales driven department(like mortgage brokers) from my experience those are usually the last jobs that get shipped out. I never had my job threatened there, but it does happen. There are alot of jobs here aside from the banks. The banks bring lots of people to Charlotte and dealing with mortgages you know that is a good thing. I work with lots of mortgage firms that keep very busy. As far as relocation packages, the banks are pretty cheap about those.
PM me if I can help!
Goodluck.
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03-27-2007, 01:29 PM
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Senior Member
Status:
"Where the heart is"
(set 5 days ago)
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Join Date: Dec 2006
Location: Boca Raton Florida
4,354 posts, read 3,886,806 times
Reputation: 523
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wachovia has the best relo packages out of the banks |
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