Paycom looks to expand campus, hire 423 new workersPublished: Wednesday, April 29, 2015 By: Brianna Bailey
Paycom Software Inc. plans to hire 423 new workers, build a $14 million new building and spend $2 million on new equipment at its rapidly growing headquarters on Memorial Road.
The company is seeking $1.2 million in economic development incentive money from Oklahoma City to aid in the expansion.
The Oklahoma City Economic Development Trust is scheduled to vote Tuesday on whether to negotiate a deal for the incentives. Money for the job creation incentives will come from Oklahoma City’s Strategic Investment Program, an incentive fund that gives cash payments to expanding or relocating companies in the city.