Share “Three companies approved for Oklahoma's...”

Three companies approved for Oklahoma's Quality Jobs Program incentives

Companies could win wage rebates by creating up to 400 jobs in Oklahoma City and Guthrie.
by Brianna Bailey Published: January 4, 2013
Advertisement

The company administers claims for the insurance industry.

The Oklahoma Commerce Department oversees the Quality Jobs Program, which gives companies quarterly cash payments to locate and expand in the state. The payments are based on payroll numbers and companies can receive payments for up to 10 years. Most companies must maintain a taxable payroll of at least $2.5 million for four consecutive quarters during the first four years of the program to qualify for the job incentives.

Oklahoma has inked more than 650 job creation deals with new, relocating or expanding companies since the Quality Jobs Program began in 1993. The program has paid out more than $725 million in wage rebates since its inception.

by Brianna Bailey
Business Writer
Brianna Bailey has lived in Idaho, Germany and Southern California, but Oklahoma is her adopted home. She has a bachelor's degree in Journalism from the University of Oklahoma and has worked at several newspapers in Oklahoma and Southern...
+ show more


Trending Now


AROUND THE WEB

  1. 1
    Commission hears report critical of Oklahoma's handling of new teacher evaluations
  2. 2
    State Rep. Sally Kern withdraws bill that would have allowed businesses to discrimnate against gays
  3. 3
    Police union spokesman pushes young black woman at public hearing on civilian review
  4. 4
    Helmerich & Payne to lay off 2,000 employees despite $203 million profit
  5. 5
    Police investigating officer-involved shooting in Stillwater
+ show more