However, colorado employers should be aware that municipalities. Workers receive a higher minimum wage in colorado that exceeds the federal minimum wage of $7.25.
Colorado follows the minimum salary threshold established by the state. Three spots in colorado are paying more than 2024’s minimum wage.
The 2024 Salary Adjusted By The Same Consumer Price Index As The Colorado Minimum.
Effective january 1, 2024, the state minimum wage will be increased to $14.42/hour.
The Department’s Final Rule, Which Will Go Into Effect On July 1, 2024, Will Increase The Standard Salary Level That Helps Define And Delimit Which Salaried Workers.
The table below lists the current prevailing 2024 minimum wage rates for every state in the united states.
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Read On To Find Out Everything You Need To Know About The Colorado Minimum Wage Including Rates, Exemptions, Upcoming Increases, And Best Practices To Ensure.
Stay up to date with the minimum wage rates for 2024 by state with this comprehensive guide.