Coming soon - Get a detailed view of why an account is flagged as spam!
view details

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

1
[Colorado] Colorado’s Wage Protection Act and Bonuses Earned Not Paid
Post Flair (click to view more posts with a particular flair)
Author Summary
PhatStrong is in Colorado
Post Body

Is this scenario potentially against Colorado’s wage protection act?

I’m in a base incentive position and our incentive plan (called discretionary in plan docs) specifies we earn x% of the profit from each sale to be paid on second paycheck following quarter end for prior quarter in which payment for sale was received. It states if you’re not employed on date bonus is paid then not eligible for the incentive payout. Unfortunately I’m in a situation where I need to leave the company voluntarily prior to the payout date.

I believe this is may be in violation of the wage protection law (https://cdle.colorado.gov/sites/cdle/files/INFO #3D Commissions and Bonuses 07.11.2023 accessible.pdf).

  • I believe the fact that we get the profit report generated monthly and emailed to us which we can then multiply by the percentage meets definition of determinable.
  • It’s earned because company received payment for the sale.
  • And it was earned in accordance with the plan documentation. Prospected client, closed sale, and company was paid.

Author
Account Strength
40%
Account Age
3 years
Verified Email
No
Verified Flair
No
Total Karma
983
Link Karma
618
Comment Karma
329
Profile updated: 23 hours ago

Subreddit

Post Details

Location
We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.
Posted
2 days ago