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Colorado Salaried Minimum Wage 2024
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Colorado Salaried Minimum Wage 2024. The statewide minimum wage for colorado. The colorado minimum wage is set to increase from $13.65 to $14.42 on january 1, 2024,.
The statewide minimum wage for colorado. As a result of the colorado overtime & minimum pay standards order, the minimum salary required to qualify for the executive/supervisor, administrative and professional exemptions.
In 2018, The State Passed The โFair Pay For Working Families Act,โ Which Outlined Gradual Increases, Reaching A Goal Of $12 Per Hour By 2020.
Commencing from january 1, 2024, the minimum wage in colorado for nonexempt workers stands at $14.42 per hour.
If You Earn More Then The Colorado.
Below is an annual breakdown of the minimum salary for colorado employees, with the first changes effective beginning july 1, 2020 (which differs slightly from a previously proposed.