Prevailing Total Compensation
The State of Colorado’s compensation philosophy is defined in C.R.S. 24-50-104 and requires the State to provide prevailing total compensation to ensure that the State is able to recruit, reward and retain a qualified workforce. Total compensation is a combination of base salary and all employee benefits; this includes both direct and indirect compensation.
- Direct compensation refers to an employee’s annual base salary. It does not include shift differential, overtime pay or call-back pay. For the purpose of this report annual base salary is analyzed using the average of actual salaries (not salary ranges).
- Indirect compensation refers to compensation that is not paid directly to an employee. Indirect compensation includes medical, dental, disability, life insurance, and accidental death and dismemberment insurance, retirement, as well as additional benefits identified for employees.
- Time Off & Leave
- Learning & Development
- Performance Management
- Employee Discount Program