Colorado Labor and Employer Law Updates for 2023
Minimum Wage Update
This update raises the minimum wage for employees to $13.65 per hour, effective January 1, 2023.
Colorado: Amendments to Paid Sick Leave Pay Calculation
Effective January 1, 2023, regulations changed regarding how employers calculate the rate of pay when employees use paid sick and safe leave and/or public health emergency leave.
Colorado SB 22-161: Wage Theft
The penalties for businesses that don’t pay their employees on time have increased, and the Colorado Department of Labor and Employment’s Division of Labor Standards and Statistics is now permitted to investigate wage claims brought by a group of similarly situated individuals. Additionally, there are now limitations on how much an employer can be reimbursed for in court fees when a lawsuit against them is successfully defended. The changes also tighten restrictions on businesses’ power to take money out of an employee’s final paycheck to pay for unreturned company property. Minor clauses entered into effect on August 10, 2022, but the majority of these revisions go into effect on January 1, 2023.
This article is for general information purposes and is not intended to be and should not be taken as legal advice.
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