Intuit Inc., the company behind TurboTax and H&R Block, offers business and financial management solutions for SMBs, financial institutions, consumers, and accounting professionals.
Now, off the back of the company acquiring TSheets, it plans to double its Eagle, Idaho workforce after adding a new building for its TSheets by QuickBooks digital time-sheet operation.
“We are expanding because Boise is an amazing place to live and an amazing place to work,” said Intuit’s VP and Boise site leader J.D. Mullin. “Intuit purchased us a year and a half ago and has a growth mindset.”
The second building will go up next to the already existing building on East Colchester Drive in Eagle, which was opened by TSheets in March of 2017 before it acquisition by Intuit. About 470 employees currently occupy all of the 65,000 square foot building and the extra space will allow room for up to 900 employees in total.
“We’ve always loved the westside. We are proud of being an Eagle company – our roots are here, our employees are here,” Mullin said. “A lot of people do not want to drive downtown to go to work. The culture here – there’s a vibe here. It’s a beautiful building and a beautiful complex.”
Employees at the site now support Intuit products beyond TSheets, and new workers will serve multiple initiatives.
“Intuit wants to have a presence in multiple locations and not being centered on the Bay,” he added. “We have a strong team that has a proven track record of building products here.” The additional jobs will cut across a number of categories, from entry-level positions to sales, marketing, research, design and data. Intuit expects to open the building late in 2020.
Intuit Inc. has experienced impressive growth, with stock up 228% over the last five years. What has happened over the last few years? For starters, Intuit has managed to increase its earnings per share at 15% a year. Founded in 1983, the California-based firm targets the additional needs of small businesses with payroll and payment processing products in addition to growing its self-employed user base.