Starting in January, Colorado employees will see more money deducted from their paychecks than previous years. The money will fund the state’s new paid family and medical leave program. via Meghan_Lopez
DENVER — Starting in January, Colorado employees will see more money deducted from their paychecks than previous years. The money will fund the state’s new Paid Family and Medical Leave Insurance program, which was approved by voters in 2020.
This program is different than any sick leave or pandemic programs the state has operated over the past couple of years. It’s also different than the Family Medical Leave Act offered to employees. The state created a calculator tool for employees who want to find out exactly how much the program will be deducting from their pay checks each week.
Every employer will have to register with the program through the Colorado Department of Labor and Employment , however. So far, Marshall says 15,000 businesses have already successfully registered. Aries’ business is a career services and leadership development company that helps women advocate for themselves in the workplace. The business is comprised of four full-time employees, who work out of a small office in a shared workspace.
Despite being a business that empowers women, up until this point as a small business owner, Aries has not been able to offer her workers time off to start a family or care for a loved one.
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