GPEC 091619 BOS MEETING FINAL-COMPRESSED.PDF

GREATER PHOENIX
ECONOMIC COUNCIL
MARICOPA COUNTY BOARD OF SUPERVISORS MEETING
September 16, 2019

FY19 YEAR-END METRICS

FY19 YEAR-END METRICS
GPEC PROGRESS TOWARD GOALS
GOAL STATUS ANALYSIS
BUSINESS ATTRACTION ANNUAL CONTRACT FY19 FINAL GOAL COMPARED
% OF GOAL
PERFORMANCE METRICS GOAL METRICS STATUS TO LAST YR
Targeted Opportunities
Payroll Generated (Millions) $380.2 $524.6 138% + ↓
Average High Wage Salary $55,915 $71,466 128% + ↓
Number of Jobs 7,434 8,791 118% + ↑
Number of High-Wage Jobs 3,261 5,153 158% + ↑
GPEC Assists 10 14 140% + ↑
Qualified Prospects 229 277 121% + ↓
International Prospects 38 53 139% + ↓
3 *Numbers as of June 30

FY19 YEAR-END METRICS
FY19 LOCATES
4

FY19 YEAR-END METRICS
FY19 LOCATES
5

FY19 YEAR-END METRICS
FY19 LOCATES – TECH ONLY
6

FY19 YEAR-END METRICS
FY19 LOCATES
7

FY20 LOOK-AHEAD

FY20 LOOK-AHEAD
YTD FY20 QUICK OVERVIEW
8 COMPANIES
HAVE LOCATED IN FY20
$948.8 MILLION
IN CAPITAL INVESTMENT
PROSPECT STATS 1,509 JOBS
CREATED IN THE REGION
$69,337
94% 51% 305 AVG. HIGH WAGE SALARY
OF GOAL OF LAST YEAR CURRENT ACTIVE
PROSPECTS
9 *Numbers as of August 31

FY20 LOOK-AHEAD
HISTORICAL RESULTS AND PROJECTED FY20 METRICS
Actual Stretch Goal
FY15 FY16 FY17 FY18 FY19 FY20
Payroll ($M) $332.31 $397.91 $377.12 $565.29 $524.58 $492.21
Jobs 6,281 7,703 8,130 8,606 8,791 9,639
High Wage Jobs 3,303 3,048 3,190 5,143 5,153 4,228
High Wage Salary $67,423 $70,897 $61,835 $88,391 $71,466 $71,108
Prospects 259 255 267 279 277 277
Intl. Prospects 48 47 51 57 53 46
GPEC Assists 14 14 10 12 14 14
10

FY20 LOOK-AHEAD
FY20 ACTION PLAN GOALS
Elevate the brand identity to deepen our reach into targeted markets.
Attract and grow businesses while cultivating new models that create and retain quality jobs in
globally competitive sectors.
Drive organizational effectiveness in business development and regional competitiveness
through data science, predictive analytics and value-added research.
Elevate engagement with stakeholders and foster strategic relationships.
Heighten awareness of and participation in topics addressing diversity, inclusion,
sustainability and an equitable economy.
Embed an organizational culture of operational discipline and relentless commitment to
11 The GPEC Way.

THANK YOU
GREATER PHOENIX:
Where talent is bred, community is built and business thrives.
GPEC4JOBS @GPEC Greater Phoenix Economic Council
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