Colorado Compensation Committee
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How to fill out Compensation Committee?
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Summary. The average salary in Colorado is $78,127.38 per year or $43.38 per hour. The average salary varies ing to city and county.
Since 2021, its legislation has mandated equal pay, required pay transparency in job postings and hiring/promotion processes, and protected employees' right to discuss their pay.
Employees can discuss their wages with others without fear of retaliation. Employers are not allowed to discharge, discipline, discriminate against, or interfere with an employee for inquiring about, disclosing, or discussing their wage rate.
§ 8-5-101 et seq., requires employers to include compensation in job postings, notify employees of promotional opportunities, and keep job description and wage rate records. The Division investigates complaints against employers concerning transparency in pay and employment opportunities.
1 Employers must include the following compensation and benefits information in each posting: (A) the hourly rate or salary compensation (or a range thereof) that the employer is offering for the position; (B) a general description of any bonuses, commissions, or other forms of compensation that are being offered for ...