Colorado recently issued the Final Rule for implementing the Equal Pay for Equal Work Act which takes effect on January 1, 2021. The guidelines state that all job postings, internal and external, must include the: a) compensation range for the position, and b) benefits offered for that position. Compensation information includes hourly or salary wages as well as any bonuses, commissions, or other forms of compensation. Benefit information includes healthcare, retirement, and paid time off. This requirement to include compensation and benefit information to job postings applies to: a) jobs that will be performed in Colorado, as well as b) remote jobs that can be performed anywhere. Given these requirements, CO employers will need to review their job postings and ensure that they include compensation and benefit information going forward, beginning next year, to be in compliance.
You can use this OFCCP audit checklist to ensure you're doing what is required to maintain OFCCP's regulations including VEVRAA, Section 503, and EO 11246. Or request a demo to streamline your compliance and recruiting efforts.