Colorado Minimum Wage 2024 By City To City. However, unlike most state and local jurisdictions, colorado engages in a rulemaking process with the public prior to announcing its official minimum wage rates for the. Looking ahead, colorado’s statewide minimum wage will increase on january 1, 2024, to $14.42 per hour.
Additionally, colorado’s minimum salary requirement for exempt employees will increase to $55,000. Workers receive a higher minimum wage in colorado that exceeds the federal minimum wage of $7.25.
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