Quality Jobs Program
Businesses creating jobs may qualify for the Oklahoma Quality Jobs Program, the flagship incentive for the state. The program provides cash payments to qualifying businesses by rebating a portion of newly created payroll in the state. To learn more and to determine program eligibility, explore the Incentive website for the Oklahoma Department of Commerce.
Incentive Benefits
Business Requirements
Other Cash Rebate Programs
Incentive Benefits
- Quarterly cash rebate up to 5% of newly created payroll for up to 10 years.
- Rebate increased to 6% if at least 10% of new payroll is comprised of qualified military veterans.
- May be combined with Investment / New Jobs Tax Credits if $40 million is invested within 3 years.
- Automatic 5% Counties may qualify for a 5% net benefit rate.
- McAlester is in an Automatic 5% County.
- Opportunities Zones may qualify for an additional 5% net benefit rate and waived wage requirements.
- McAlester contains an Opportunity Zone.
Business Requirements
- Must be in a qualifying industry.
- The average wage for new jobs must equal or exceed the lesser of:
- Average County Wage
- State Threshold Wage
- At least $2.5 million in annual taxable payroll must be created for the state.
- Basic health insurance must be offered to employees within 180 days of employment.
- Employees must not pay any more than 50% of the premium for offered health insurance.
- Must maintain a business presence in the state for at least 3 years after the start date.
Other Cash Rebate Programs
- Small Employer Quality Jobs Program
- 21st Century Quality Jobs Program