Colorado Minimum Wage 2024 Salary Increase

Colorado Minimum Wage 2024 Salary Increase. Additionally, colorado’s minimum salary requirement for exempt employees will increase. Colorado’s minimum wage is expected to rise to $14.42 from $13.65 effective jan.

Overall, the vast majority of workers in colorado are entitled to at least $14.42 per hour, and those working in areas with a higher minimum are paid that city’s minimum wage. The colorado minimum wage is set to increase from $13.65 to $14.42 on january 1, 2024, which is $7.17 higher than the federal minimum wage.