Are you doing business in the state of Colorado? Below are the mandates you need to be aware of
When running a business there’s a lot to keep track of. So to keep you two steps ahead, use our guide to keep your company compliant with all of Colorado’s mandates so you can stay focused on growing your team and exceeding your business goals.
Retirement mandate for the state of Colorado
The state of Colorado requires most businesses with 5+ employees to offer their workers access to a retirement savings plan.
Workers’ comp mandate
Did you know that the state of Colorado requires almost all businesses with 1+ employees to provide a workers’ compensation policy?
Paid family leave begins
Colorado’s paid family leave program starts on January 1, 2024. Certain employees will be eligible for up to 12 weeks of paid leave to care for a sick family member, bond with a newborn, or plan for a military deployment of a family member. Learn more in our guide to paid family leave.
Sexual harassment training
Though harassment training is not required in the state of Colorado, it is highly recommended.
If you employ an employee in the state of Colorado, you are required to set up state unemployment and withholding accounts. If you would like to streamline this process and take it off your plate, please visit our partner, Middesk to learn more.