On Nov. 1, 2026, CU will implement an updated State of Colorado pay plan to reflect a $19.29 minimum hourly rate and will provide compression increases to certain classified employees. To ensure pay equity, minimum wage increases will also be applied to university staff.
The HCM payroll encumbrance calculation process is an important way to track projected payroll obligations—such as payroll, taxes and deductions—in the general ledger.
Timing is everything when paying an employee who is terminated. Here are a few tips for payroll liaisons to ensure that an employee’s final pay after termination is processed correctly.
