This program is offered by the Arkansas Economic Development Commission and is available to businesses after a business certifies to the Arkansas Department of Finance and Administration that is has fulfilled the minimum payroll requirements and the reported payroll has been verified by the Department. The program provides annual cash payments based on a company’s annual payroll for new, full-time, permanent employees. In all tiers, a minimum payroll of new, full-time permanent employees of $2 million annually is required. The benefits depend on the tier in which a company locates. Tier 1 benefits are 3.9% and Tier 4 benefits are 5%.