Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 240. Oklahoma Employment Security Commission |
Chapter 25. Tax Exemptions for Qualifying Employers |
Subchapter 1. General Provisions |
SECTION 240:25-1-2. Definitions
Latest version.
- The following words and terms, when used in this Chapter, shall have the following meaning, unless the context clearly indicates otherwise:"Full-time equivalent employees" means those employees who are employed for one full year."New employees" means those employees who constitute a net increase in total employment as compared with employment levels prior to the starting date of business expansion and whose employment is directly attributable to such expansion.