Colorado Employment Compensation Package
Description
How to fill out Employment Compensation Package?
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FAQ
The Colorado Job Protection and Civil Rights Act of 2013 provides strong, sweeping protections for employees from discrimination based on gender, race, age, sexual orientation, religion, disability, or marital status. In addition, an employer must make reasonable accommodations for a pregnant or breastfeeding employee.
In Colorado, all employers with 50 or more full-time employees are required to offer some form of health insurance benefit. Once you have 50 employees, you are considered a large employer. This means that you may face penalties if you do not offer health insurance.
Phase 1 of Step Raises is here! With our Partnership Agreement funded by the legislature for 2023, we're already well on our way to implementing Step Raises in 2024. July 1, 2023, in addition to a 5% ATB raise, the new pay scales for Step Raises took effect.
Additionally, regarding overtime exemptions under the Colorado Overtime and Minimum Pay Standards Order, starting on January 1, 2023, an individual must earn $961.54 per week (or $50,000 annually) to qualify as an administrative, executive, supervisor, or professional employee, in addition to meeting the relevant job ...
On August 7, 2023 the Protecting Opportunities and Workers' Rights (POWR) Act goes into effect, significantly transforming Colorado's employment discrimination legal landscape. This change expands the Colorado Anti-Discrimination Act (CADA).
Compensation packages refer to the combination of the salary and various benefits an employer offers you in exchange for employment. Compensation packages tend to vary by employer.
What are required employee benefits in Colorado? Employers in Colorado must provide their employees with various benefits, such as paid family and medical leave, paid sick leave, domestic violence leave, retirement benefits, unemployment benefits, workers' compensation insurance, Civil Air Patrol leave, and more.
Generally speaking, if you are unemployed or are working fewer than 32 hours a week and earning less than the weekly amount that unemployment benefits pay, you can file a claim for unemployment benefits. Please visit our Eligibility(opens in new window) page for more information.