January 3, 2007
Issue #1
Happy New Year!

  DEALER NEWS
     NEW MINIMUM WAGE IN EFFECT

  UPCOMING EVENTS
     CADA TO HOST PRE-LEGISLATIVE
     SESSION EVENTS NEXT MONDAY!

 

  REGULATORY UPDATES
     REGULATORY & LEGAL CHANGES
     THAT WILL AFFECT DEALERS

 


If you have questions or suggestions regarding
this e-newsletter, please
contact Tim Jackson at tim.jackson@CADAOnline.org 

Click here or scroll to the bottom of this page if you
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Visit us at www.cadaonline.org.

 

 

 

 

 

 

 

 

 

 

 

 

 

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CADA to Host Pre-Legislative Session Political Caucus Events next Monday!  Click here for more information...


Welcome to our first issue of Open Road.  Open Road, CADA's online e-newsletter, will be sent to you every Wednesday morning at about 10 a.m. so make sure to check your inbox.  We trust you will find this service to be informative and beneficial to your dealer operations.

Open Road will feature important dealer news, management alerts, upcoming seminar and event information, legislative status reports, regulatory updates, industry news and trends, local dealer milestones, and more.  Please click on any of the links to the left or scroll down for this week's information...

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NEW MINIMUM WAGE

As most dealers are aware, Colorado voters passed Amendment 42, the state's minimum wage initiative, in the November election. The referendum amended the Colorado Constitution to raise the minimum wage for hourly workers from $5.15 per hour to $6.85 per hour, effective January 1, 2007.  Keep in mind for future year-end planning that this figure will increase annually based on the Consumer Price Index.  

While details of how the amendment will be implemented and enforced have not been officially announced, it is expected that all key aspects of the application of the minimum wage will remain the same; it is simply the dollar minimum that will change.  Colorado Wage Order #23 has been proposed, but not formally adopted to replace current order #22.  Mountain States Employers Council (MSEC) has advised the following: 

 

“It is not yet time to purchase a new poster. Do not succumb to pressure sales tactics from employment poster vendors.

 

The Colorado Department of Labor - Division of Employment has not yet published a revised model poster to reflect the minimum wage change. The Division is waiting for a formal legislative amendment to the Colorado Minimum Wage Order #22 before that revision will be published in a model compliant poster. The Division cannot currently commit to when the minimum wage change will be reflected in the Department’s model poster. The Division has indicated that it will not pursue any penalty against employers for failing to post the new minimum wage until some time after a revised model poster is published … As an interim solution, consider affixing a label or sticker to your current state poster to identify the new minimum wage in January. Once the revised Colorado Minimum Wage Poster is published by the Division, MSEC will produce and sell revised state posters for public and private employers. The federal all-in-one poster has not been substantively revised since December 2005.”        –December 18, 2006, MSEC Email bulletin

 

As a reminder, as a CADA member, you are eligible for first-level human resource support from MSEC attorneys.  They have experts on state and federal minimum wage laws; if you have in-depth questions, you can contact the MSEC Employment Law Services Department directly at 303.839.5177.  CADA will continue to follow the process along with MSEC and advise you as information develops.

 

NOTE:  Salespeople are covered by the Fair Labor Standards Act (FLSA) as non-exempt employees who must be paid minimum wage and overtime for all hours worked over 40 in a workweek, regardless of how the employee is paid. Commissioned salespeople, as a general category of employees, are not exempt from these requirements.  However, there are a number of alternative methods for meeting the minimum wage and overtime requirements for the unique circumstances of commissioned salespeople.  MSEC has published an FYI bulletin with a detailed description of these options and methods. 

 

   Please CLICK HERE for this publication: MSEC - Wage and Hour: Salespersons — Pay Practices, July, 2006.

 


INVITATION TO DEALERS -
CADA to Host Pre-Legislative Session Political Caucus Events

 

DATE:

  Monday, January 8, 2007

LOCATION:

 

William D. Barrow Building (CADA and MDADA Headquarters)

290 East Speer Blvd, Denver

TIMES:

 

Luncheon, Senate Republican Caucus:        11:30 am to 1:30 pm

Reception, House Democratic Caucus:         5:30 pm to 7:30 pm


   Please CLICK HERE for more information and for our reservation form.
 


A number of regulatory and legal changes that affect dealers went into effect January 1, 2007.

Please CLICK HERE to obtain a memo from CADA president Tim Jackson reviewing each of these changes.

   You can also click on any of the links below for additional information and supporting materials:


If you want to be added or removed from our mailing list, please email openroad@cadaonline.org and type ADD or REMOVE in the subject line.  Thanks!
 


Colorado Automobile Dealers Association
290 East Speer Boulevard Denver, CO  80203
Telephone:  303.831.1722
  |  Facsimile: 303.831.4205
www.cadaonline.org

 

Copyright 2007 Colorado Automobile Dealers Association.  All Rights Reserved.

If you want to be added or removed from our mailing list, please email openroad@cadaonline.org and type ADD or REMOVE in the subject line.  Thanks!