> It is the intent of the general assembly to pass legislation that
helps to close the pay gap in Colorado and ensure that employees with
similar job duties are paid the same wage rate regardless of sex, or sex plus
another protected status.
where "wage rate" is:
> FOR AN EMPLOYEE PAID ON AN HOURLY BASIS, THE HOURLY
COMPENSATION PAID TO THE EMPLOYEE PLUS THE VALUE PER HOUR OF ALL
OTHER COMPENSATION AND BENEFITS RECEIVED BY THE EMPLOYEE FROM
THE EMPLOYER; AND
> (b) FOR AN EMPLOYEE PAID ON A SALARY BASIS, THE TOTAL OF ALL
COMPENSATION AND BENEFITS RECEIVED BY THE EMPLOYEE FROM THE
EMPLOYER.
Any judge is going to look at the intent in order to help resolve ambiguity in interpretation.
If stock option compensation need only be advertised as "we offer stock options" then my uninformed impression is that that would negate the intent of the bill.
Contact a Colorado lawyer for actual meaningful advice.
> It is the intent of the general assembly to pass legislation that helps to close the pay gap in Colorado and ensure that employees with similar job duties are paid the same wage rate regardless of sex, or sex plus another protected status.
where "wage rate" is:
> FOR AN EMPLOYEE PAID ON AN HOURLY BASIS, THE HOURLY COMPENSATION PAID TO THE EMPLOYEE PLUS THE VALUE PER HOUR OF ALL OTHER COMPENSATION AND BENEFITS RECEIVED BY THE EMPLOYEE FROM THE EMPLOYER; AND
> (b) FOR AN EMPLOYEE PAID ON A SALARY BASIS, THE TOTAL OF ALL COMPENSATION AND BENEFITS RECEIVED BY THE EMPLOYEE FROM THE EMPLOYER.
Any judge is going to look at the intent in order to help resolve ambiguity in interpretation.
If stock option compensation need only be advertised as "we offer stock options" then my uninformed impression is that that would negate the intent of the bill.
Contact a Colorado lawyer for actual meaningful advice.