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We’re giving Paycom money to create jobs they were going to create anyway…

3:45 PM EDT on March 31, 2016

paycom

One of the lone bright spots in the Oklahoma economy over the past few years is Paycom. If you're not familiar with the company, well, then you probably don't have a friend that works at Paycom. As we've documented on this site over the years, the place is like a mini-cult. Although they have still not hired a company beekeeper, they apparently go all out and try to treat employees like Chesapeake did during the Aubrey McClendon era. They have a company proms, employee health and fitness centers, and even something called "Oral Sex Fridays." I'm still trying to figure out what that's all about. I think they stole the idea from a la mode.

The employees probably deserve all the nice perks. Since going public in 2014, Paycom has had a ton of success. The NYSE company has seen its stock price more than double to $35 a share. In 2015, Paycom earned $215-million in revenue with net income of $21-million. It currently has a market cap of $2.08-billion. I don't really know what all that means, but it sounds impressive and I'm laying the foundation to a point here, so give me a break.