Business News

Oct 21, 2022

Substantial Restrictions on Colorado Non-Compete Agreements

As of August 10 2022, Colorado drastically narrowed the circumstances in which Colorado employers can seek to enforce noncompete and other restrictive employment agreements. Despite Colorado law already having a general restriction against the use of noncompete agreements, the Colorado General Assembly recently passed, and Gov. Jared Polis has now signed, HB 22-1317.

Substantial Restrictions on Colorado Non-Compete Agreements

Oct 20, 2022

Colorado’s new Paid Family and Medical Leave Insurance (FAMLI) program will begin to take effect on January 1, 2023.

In November 2020, Colorado voters approved a mandatory, state-administered paid family and medical leave insurance program, making it the 11th state to do so. At the time of its passage, the new law’s gradual implementation in 2023 and 2024 likely seemed far away to Colorado employers, but the time has come for all Colorado employers to analyze their coverage and choices under the law, and prepare to initiate payroll deductions, even if a private employer plans to apply for an exemption to “opt out” from FAMLI.

Colorado’s new Paid Family and Medical Leave Insurance (FAMLI) program will begin to take effect on January 1, 2023.