The Colorado Department of Labor and Compensation (DLC) is recommending changes to the Colorado Overtime Minimum Pay Standards Order (COMPS Order) – click here to read the full order. There are two significant changes recommended in this order that we want you to be aware of.
On January 1, 2020, Colorado’s overtime threshold will be $35,308 a year. That means any full-time employee who makes less than $35,308 annually must be paid overtime for any time over 12 hours in a day or 40 hours in a week. Under the newly proposed rule, the threshold would increase to $42,500 on July 1, 2020, and then by $3,000 each year until 2026 when it will be $57,500 a year.
In the past, only employees in Retail & Service, Food & Beverage, Commercial Support Service, and Health & Medical were covered by the COMPS Order. The revised rule expands the order to cover all employees and then spells out specific exemptions – click here to read the exemptions.
DLC is holding hearings on this proposed rule later this month and if adopted it will go into effect in March, 2020. 网赌天天首存送彩金 will continue actively monitoring this issue and will provide updates as this rule moves through the adoption process.