Colorado § 24-50-804 - Development of recommendations for an employee incentive program.
Full text of Colorado Colorado Revised Statutes § 24-50-804 — Development of recommendations for an employee incentive program., with citation guidance and answers to common questions.
§ 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.
Source: 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.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 24-50-804
What does Colorado Revised Statutes § 24-50-804 cover?
Section 24-50-804 ("Development of recommendations for an employee incentive program.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 24-50-804?
A common citation format is "Colorado Revised Statutes § 24-50-804" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 24-50-804 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.