Salomon Brothers Inc., which is moving its back-office operations from New York to Tampa, will begin hiring workers during the next few weeks, officials said Friday. By the end of the summer, Salomon plans to have more than 125 employees in Tampa, including about 25 to 30 relocated workers, said Joe Anastasio, Salomon's managing director and chief executive officer of the Tampa operations. When the company's move is completed in 1993, Salomon will employ about 425 in Tampa, he said.
Salomon is looking for applicants who are skilled with personal computers and have experience with banking and customer service, Anastasio said. Employees will be trained in the investment company's financial products such as mortgage securities, he said.
"It's difficult to describe," he said. "There's no job market here that compares with it."
Anastasio and other Salomon officials were in
Tampa on Friday to celebrate the start of construction on the company's 132,000-square-foot building near the University of South Florida. Lt. Gov. Buddy MacKay and Tampa Mayor Sandy Freedman were among several speakers during the ceremony at Hidden River Corporate Park.
Salomon, an investment giant, in February announced plans to move its securities trade processing operations center from New York to Tampa.
While most employees will be hired locally, the company has received commitments from 120 of 160 New York employees who were asked to relocate, said Bruce Carp, chief administrative officer for Salomon.
Those commitments are "very significant" to the Tampa operation because of the employees' Wall Street savvy and their experience with Salomon's products, Carp said. The company will need to rely on those employees' expertise while training local workers, he said.
"We'll be processing billions of dollars a day in transactions," Carp said. "The cost of doing it inefficiently or with errors is too high."
Many of the employees have strong family ties to New York, but Carp said they were persuaded to move after spending a weekend in the bay area earlier this spring.
"The whole environment, especially for young and middle-age families, is a very strong selling point," he said.