Holiday Pay
Colorado wage law does not require nor prohibit any paid holidays, and does not require nor prohibit any extra pay for working on holidays. When an employee is paid for a non-work holiday, the holiday hours do not count towards overtime unless actual work was performed on the holiday.
Severance Pay
Colorado wage law does not require nor prohibit severance pay. Severance pay is a benefit offered by employers at their own discretion. Severance pay is not wages or compensation for the purposes of the Colorado Wage Act.
Sick Pay
In accordance with the Colorado Healthy Families and Workplaces Act (HFWA), all Colorado employers are required to provide their employees with “accrued” paid sick leave (up to 48 hours per year) and public health emergency leave (up to 80 hours per public health emergency). Learn more about HFWA and sick pay>
References
- Colorado Revised Statutes 8-4-101(14)(b) (Severance Pay)
- Colorado Healthy Families and Workplaces Act (C.R.S. 8-13.3-401 et seq., SB 20-205, effective July 14, 2020)
- Colorado Wage Protection Rules 7 CCR 1103-7
- INFO# 6A: Paid Leave Under the Healthy Families and Workplaces Act (COVID-19 related leave effective July 15 - December 31, 2020)
- INFO# 6B: Paid Leave Under the Healthy Families and Workplaces Act (Paid leave requirements effective January 1, 2021)
- INFO #6C: Paid Leave Under the Healthy Families and Workplaces Act (How Requirements Differ from 2020 to 2021, & from Other Laws)
Contact Us
Colorado Division of Labor Standards and Statistics | 303-318-8441| Contact Us