YourSource expands Auburn Hills HQ, to add 27 jobs

Human resources workers are usually the people who have to deliver the bad news of layoffs, but a number of them have been receiving similar news over the last couple of years as the economy grapples to regain its footing. Part of the conventional wisdom is that HR employees don't create revenue, so are therefore more expendable.

That has turned into good news for YourSource, an Auburn Hills-based firm that focuses on handling human resource work for companies both big and small. The 11-year-old firm has been experiencing quite the growth spurt in recent years, expanding to 15 staffers. It has hired 3-4 people over the last year.

"In the last three years we have doubled in size," says Todd Lancaster, CEO of YourSource. "We're looking to do that again in the next few years."

It's the main reason why the Michigan Economic Development Corp brokered a sizeable tax credit to make sure YourSource keeps that growth in the Great Lakes State, giving the company a $206,943 tax credit over five years in exchange for the HR outsourcing firm's promise of investing $1.5 million and creating 27 new jobs in that time. YourSource plans to keep growing organically to accomplish those goals.

"We have grown organically just from providing HR without the overhead," Lancaster says.

YourSource was also considering consolidating its operations in Tennessee. The city of Auburn Hills is also debating giving the IT firm a tax abatement.

Source: Todd Lancaster, CEO of YourSource
Writer: Jon Zemke

YourSource expands Auburn Hills HQ, to add 27 jobs

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