For Immediate Release: 5.15.2014
New Guide Walks Colorado Entrepreneurs Through Ins and Outs of State’s Family Medical Leave Policies
Denver, CO–In celebration of National Small Business Week, Small Business Majority released a comprehensive guide today to help Colorado small employers understand the state’s current family medical leave policies and how enacting a stronger family leave insurance program could benefit their small business.
“Small businesses and their employees benefit from the safety net provided by family medical leave policies, and they create a happy, dedicated workforce,” said Erin Bennett, Colorado Director of 9to5. “When employees have reasonable options for taking time off to bond with a new child or if a loved one has a serious medical emergency, they experience less stress in the workplace and are better able to balance their work and family responsibilities. That leads to greater productivity, which boosts small businesses’ bottom lines and strengthens the economy.”
Colorado’s family leave program currently provides unpaid leave for certain workers who need to take time off from work to bond with a new child or to care for a seriously ill family member. However, many workers cannot afford to take extended unpaid leave, and some small employers are unable to provide paid leave benefits to their employees. The guide is intended to answer any questions small employers might have about proposed legislation that would establish a paid family leave insurance program in Colorado, and the effect it would have on small business owners and their workers.
“Strong family leave policies help level the playing field between small businesses that want to offer this benefit but can’t, and their larger counterparts that can,” said Tim Gaudette, Colorado Outreach Manager for Small Business Majority. “Small employers know robust family leave policies create a happier and more productive staff, which in turn leads to increased productivity. Many small business owners think of their employees as family, so it’s no surprise they support policies that enable them to foster a happier workforce while protecting their workers and their bottom line. We hope that Colorado lawmakers will reconsider enacting a more comprehensive family leave insurance program and that the guide allows employers to find the information they need to better understand our state’s policies.”
Polling released by Small Business Majority found small business owners support publicly administered family and medical leave insurance pools, paid with payroll contributions by employees and employers.
In addition, Small Business Majority and its partners have been doing a full-court press over the past year to ensure entrepreneurs have all the educational tools they need to understand this law and other family medical leave policies across the country.
To get a full run-down of what Small Business Majority is doing to keep small businesses up-to-date about policies that affect them, visit our website.
To view the fact sheet visit: http://www.smallbusinessmajority.org/small-business-resources/workforce/colorado-family-leave-program.php
About Small Business Majority
Small Business Majority is a national small business advocacy organization, founded and run by small business owners to focus on solving the biggest problems facing America's 28 million small businesses today. Since 2005, we have actively engaged small business owners and policymakers in support of public policy solutions, and have delivered information and resources to entrepreneurs that promote small business growth and drive a strong, sustainable economy. We are a team of 37 working from our 14 offices in Washington, D.C. and 12 states, with a network of more than 40,000 small business owners and more than 2,000 business organizations, along with a formal strategic partnership program of more than 125 business organizations, enabling us to reach more than 500,000 entrepreneurs. Our extensive scientific polling, focus groups and economic research help us educate and inform policymakers, the media and other stakeholders about issues including taxes, healthcare, access to capital, entrepreneurship, workforce development, clean energy and immigration. Learn more about us on our website and follow us on Twitter, Facebook and Instagram.