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Salt Lake City companies offer incentives to attract new employees


Salt Lake City companies offer incentives to attract new employees
and last updated 2021-07-27 19:45:31-04
SALT LAKE CITY — Several companies are offering up incentives to stay competitive in Utah’s job market.
The service industry has been hit particularly hard by staff shortages, just ask Hoang Nguyen. She is managing partner of the Sapa Investment Group which owns 6 restaurants and two bakeries.
“We could hire for probably 25 positions tomorrow,” she said.
Despite offering cash signing bonuses, raising wages and creating an employee referral program, it is still a struggle to fill open positions, Nguyen said.
“We have been doing restaurants in the valley for over 20 years now and this is the first time it has been this dire to find people to work,” she said. ....

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Utah AI/biotech innovator Recursion Pharmaceuticals doubling SLC HQ


Deseret News
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Lawrie Allred, HTS engineer, hands a cell plate to a co-worker while seeding cells at Recursion Pharmaceuticals at The Gateway in Salt Lake City on Oct. 30, 2018. This week, the company announced it will double the footprint of its flagship research and office facility, signing a lease on an additional 100,000 square feet of space at The Gateway.
Kristin Murphy, Deseret News
Utah biotech startup Recursion Pharmaceuticals is upending the realm of clinical-stage drug research, melding robot-driven automation with digital artificial intelligence on a mission to revolutionize how new medications are developed to battle some of the rarest and most challenging of human medical conditions. ....

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Utah AI/biotech innovator Recursion Pharmaceuticals is growing (and earning) fast. Here's why


SALT LAKE CITY Utah biotech startup Recursion Pharmaceuticals is upending the realm of clinical-stage drug research, melding robot-driven automation with digital artificial intelligence on a mission to revolutionize how new medications are developed to battle some of the rarest and most challenging of human medical conditions.
And the company has been on an absolute tear in the last year, raising over $500 million via a public stock offering in April, expanding its footprint with a new research facility in Toronto and growing its staff by over 60%. It also has four medications currently in clinical trials.
Recursion was founded in 2013 and outgrew two facilities at University of Utah s Research Park before taking over a 100,000-plus-square-foot space in downtown s Gateway center, the former home of Dick s Sporting Goods. This week, the company announced it will double the footprint of its flagship research and office facility, signing a lease on an additional 100,000 squ ....

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