Colorado Salaried Employee Appraisal Guidelines - General
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FAQ
Because they're exempt, salaried employees, you would pay them their $1000/week salary for all four pay periods, regardless of the number of hours workedand no overtime pay is required. So, if your employee is both salaried and classified as exempt, they are not entitled to overtime pay.
In order to be exempt, an employee must meet the salary and duties requirements. Effective January 1, 2021, the salary threshold for overtime exemption is $40,500, then will increase to $45,000 in 2022, to $50,000 in 2023, and to $55,000 in 2024.
Under Colorado law, certain employers must give employees a 30-minute meal break once the employee has worked five hours. Meal breaks are unpaid, as long as the employee has an uninterrupted, duty-free meal break. This means the employee can't be required to do any work or to wait around for work that might pop up.
40 hours in one workweek. 12 hours in one workday. 12 consecutive hours, regardless of whether the work period overlaps into a second day.
Under Colorado's break law, certain employers are required to provide a 30-minute meal break to employees who have worked at least five hours in the workday. Although a meal break for employees is required the law doesn't require an employer to pay for employee's meal breaks.
Commissioned sales employees of retail or service establishments are exempt from the FLSA/Colorado overtime pay provisions if more than half of the employee's earnings come from commissions and the employee averages at least one and one-half times the minimum wage for each hour worked.
Generally, for each hour worked over 40/week or 12/day by both salaried and hourly employees, federal and Colorado overtime laws require overtime pay to be paid at a rate of one and a half times the employee's regular hourly rate.
