My employer is negatively changing my vacation time benefit after hiring me. Is this considered a bait-n-switch and is it legal in Colorado?
I would ask the State Labor Commissioner if they can. It's dosen't sound right.
Unless you have it in writing, like on a contract, employers can pretty much do whatever they like. If you do have it in writing, you can fight it in court, but you'll probably lose your job in the process. Welcome to the modern business world.
Your vacation time is $ in the bank and your local labor board will help you collect any funds owed to you and they will compound interest daily until it is paid. They're pretty good about seeing that employees are compensated for the jobs they contracted for and your wage with all the perks are a sort of contract--you kept your end of the bargain and by law they have to, too. Go get them tiger...
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