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2024 Colorado Minimum Wage Rate. For 2023, the colorado state minimum wage rate is $14.42. Colorado minimum wage 2024 per hour 2024.


2024 Colorado Minimum Wage Rate

The wage increase will also change for tipped employees to $11.40 per hour. Govdocs associate counsel and contributing author, dana holle, offers expert insight into the recent updates to colorado’s wage and hour rules.

In 2023, The Minimum Wage In Colorado Was $13.65.

Starbucks management can also do the math.

Graph And Download Economic Data For State Minimum Wage Rate For Colorado (Sttminwgco) From 1968 To 2024 About Minimum Wage, Co, Wages, Rate, And Usa.

2024 minimum wage rates by state.

Govdocs Associate Counsel And Contributing Author, Dana Holle, Offers Expert Insight Into The Recent Updates To Colorado’s Wage And Hour Rules.

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Higher Compensation Often Means Lower Margins.

Historically, state minimum wage rate for colorado reached a record high of 14.42000 in january of 2024 and a record low of 1.25000 in january of 1969.

This Rate Of Minimum Wage In Colorado Is More Than The Federal Minimum Wage Of $7.25.

This is higher than the federal minimum wage of $7.25 per hour, but lower than the state minimum wage of $13.65 per hour.

Minimum Wage Hikes In Some States Have Certainly Raised Labor Costs.