Colorado Minimum Wage 2024 Salary Cap. The statewide minimum wage for colorado — currently $13.65 — will increase on january 1, 2024, in line with the cost of living (cola) to an amount not yet determined. Effective january 1, 2024, the state minimum wage will be increased to $14.42/hour.
Additionally, colorado’s minimum salary requirement for exempt employees will increase to $55,000. Colorado’s minimum wage will be boosted to $14.42 per.
Colorado Minimum Wage Rate Is $14.42 Per Hour In 2024.
Effective january 1, 2024, the state minimum wage will be increased to $14.42/hour.
The 2024 Salary Adjusted By The Same Consumer Price Index As The Colorado Minimum Wage
However, colorado employers should be aware that municipalities within.
Colorado Minimum Wage 2024 Salary Cap Images References :
Under The 2024 Pay Calc Order, Which Annually Publishes Adjustments To The State’s Minimum Pay And Income Levels For The Upcoming Year, Colorado’s Minimum Wage.
The city of denver, however, passed a bill to increase the minimum wage.
However, Colorado Employers Should Be Aware That Municipalities Within.
As of january 2024 the colorado minimum wage rate has increased from $13.65 an hour to $14.42 an hour.