Current through Chapter 519 of the 2024 Legislative Session and Chapter 2 of the 2024 First Extraordinary Session
Section 24-50-804 - Development of recommendations for an employee incentive program(1) In developing recommendations for the implementation of an employee incentive program, the state personnel director shall consult with representatives from the state personnel board, the office of state planning and budgeting, the office of the state controller, the office of the state auditor, and the four largest employee organizations representing employees in the state personnel system. The director shall also solicit input from employees and managers in the state personnel system and other affected parties.(2) The state personnel director shall include the following elements in the recommendations for an employee incentive program:(a) Criteria for eligibility for the employee incentive program;(b) A formula for calculating and distributing cost savings;(c) Employee protections against retaliation for initiating or participating in an employee incentive program;(d) A means of providing public recognition and financial compensation to employees whose innovations result in cost savings to the state;(e) A method for the centralized or departmental administration of the employee incentive program; and(f) A mechanism for returning an amount equal to fifty percent of the cost savings realized by any department as a result of an employee's cost-savings innovation to the Colorado taxpayers and for allowing the department in which the employee is employed to retain an amount equal to fifty percent of such cost savings.Amended by 2016 Ch. 210, § 53, eff. 6/6/2016.L. 2004: Entire part added, p. 303, § 1, effective April 7. L. 2016: (1) amended, (SB 16-189), ch. 210, p. 768, § 53, effective June 6.