Minimum Wage Increase Colorado 2024

Minimum Wage Increase Colorado 2024. Colorado's state minimum wage will increase to $14.42 per hour beginning january 1, 2024. Local minimum wages in colorado.


Minimum Wage Increase Colorado 2024

Tamara chuang 4:22 am mdt on nov 4, 2023 updated 10:58 am. Denver — today, governor polis and the department of labor and employment (cdle) division of labor standards and statistics (dlss) announced an increase to colorado’s minimum wage, which is currently $12.56 per hour for 2022, and will increase to $13.65 per hour in 2023, an 8.68% increase.

1, 2024, According To The State Labor And Employment Department Website.

About one in five american workers, from minimum wage employees to ceos, are bound by noncompetes, according to the ftc.

You Are Entitled To Be Paid The Higher State Minimum Wage.

For all except tipped workers, from $13.65 to $14.42 per hour;

Colorado’s Minimum Wage Will Jump To $13.65 Per Hour Next Year — An 8.68 Percent Increase — Amid Persistent Inflation.

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Colorado State Minimum Wage Is Increasing From $13.65 To $14.42.

The weekly salary requirement for white collar exempt employees will then increase to $1,128/week on january 1, 2025.

1, 2024, The Local Minimum Wage In Unincorporated Boulder County Will Be $15.69/Hour.

The wage increase will also change for tipped employees to $11.40 per hour.

The Hourly Tipped Minimum Wage Is Expected To Rise To $11.40 From $10.63, Based On A $3.02 Maximum Tip Credit.