New Colorado Supreme Court Decision Could Impact Employers:
This week the Colorado Supreme Court weighed in on whether the so called “use-it or lose-it” vacation pay policies are prohibited by law. In a pivotal decision, the Court held that the Colorado Wage Claim Act (CWCA) bars employers from implementing policies that require employees to forfeit their earned but unused vacation pay upon separation.
Messner Reeves attorneys Allison Dodd and Ben Brittan cover the opinion issued and what this means for employers in the compliance alert below.
Click the link to download the full pdf and learn more.
Compliance Alert: Employers Must Pay Employees Unused Vacation Pay at the End of Employment