Amendment 70 proponents say the state’s minimum wage should be a living wage, while opponents say the market — not legislation — should decide. The ballot question proposes amending the Colorado Constitution to increase the state minimum wage from $8.31 to $9.30 per hour beginning Jan. 1 and then increase the wage annually by $0.90 […]
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Following the loss of its largest contract last month, global defense contractor Vectrus laid off 64 employees from its Colorado Springs headquarters Oct. 18 in a realignment effort. The reduction will cost the government services firm $2 million in severance expenses, but Vectrus anticipates an annual $8 million in savings from the change, according to […]
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Deborah Cameron spent 22 years serving in the U.S. Army. She retired in 2007 and then earned her bachelor’s degree in computer science. Now, “I can’t get a job because I don’t have the experience,” said Cameron while attending MVEE, the Military and Veterans Employment Expo. “I just want to get my foot in the […]
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Following the resignation of longtime CEO Elliot H. Pulham Oct. 25, the Space Foundation has hired a Denver-based executive recruiting firm to search for its next chief executive. McAleer Gray, the company managing the search, is looking globally for someone with significant aerospace experience, said Kevin Cook, vice president of marketing and communications at the foundation. “The Space […]
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When David King hired John Smith a couple months ago, he didn’t do it for the tax credits or incentives. King did it, he said, because everyone deserves a second chance. For 12 of the past 15 years, Smith has been identified by a Department of Corrections-issued number. Drug convictions...
As of the last day of June, there were 73,938 adults on probation statewide, according to the Colorado Judicial Branch’s 2015 annual statistical report. Those who land a career quickly following their release have the best chance at maintaining their freedom — but that isn’t always easy. A panel organized by the Colorado Springs Human […]
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Inside a crowded Broadmoor hotel ballroom in October, the UCCS College of Business conducted its annual economic forum. Tatiana Bailey, forum director, pointed out the area’s historic low civilian participation rate — the percentage of the eligible working population (ages 16-65) who are active members of the workforce. While unemployment levels have bottomed out since […]
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With about 7,200 residents, ample outdoor amenities and Highway 24 bringing traffic directly through town, Woodland Park’s business district should be thriving. But even as they gear up for a busy tourism season, some local business owners say the lack of young professionals in the area has limited hiring, resources and quality of services in […]
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The Dallas Police and Fire Pension System Fund is tiny compared to the Colorado Public Employees Retirement Association, but its present dilemma may be instructive to the state’s often-beleaguered pension fund. Simply stated, the Dallas fund is nearly insolvent — so much so that it may drag the Texas city into bankruptcy. A recent editorial […]
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In recent years, “startup” has become among the most frequently used terms in the business world — but along with its ubiquity has come some confusion as to its definition. British venture capitalist Paul Graham defined a startup company as simply one that is built for scalability. “Being newly founded does not in itself make […]
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And to HR we’ll go Valentine’s Day is upon us, and if you work in the American workplace, there’s a pretty good chance Cupid has taken aim at you and a co-worker sometime during the course of your career. But that scenario doesn’t always end happily ever after for the participants, and can equate to […]
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If women received the same pay as their male counterparts for doing the same work, Colorado’s gross state product would grow by $9.2 billion. That’s the message from the Women’s Foundation of Colorado, a statewide nonprofit focused on economic and workplace issues for women across the state. The group is hosting its annual luncheon in […]
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