Paycom inks job creation deal with Oklahoma City

Published: Wednesday, March 23, 2016 By: Brianna Bailey Source: NewsOK

The Oklahoma City Economic Development Trust on Tuesday approved an additional $1.2 million in job creation incentives to Paycom Software Inc.

Money from the incentives comes from the Oklahoma City's Strategic Investment Program, a fund that gives cash payments to expanding or relocating companies in the city.

Paycom plans to create an additional 423 new jobs over two years, with an estimated average annual wage of about $51,000 as part of the new incentive deal.

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