Colorado Minimum Wage 2024 Salary Cap. 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 under state law will increase to $1,057.69 per week on january 1, 2024. 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 rates increased on jan.
However, colorado employers should be aware that municipalities. The minimum wage for tipped employees will increase to $11.44 per hour.
Effective January 1, 2024, The State Minimum Wage Will Be Increased To $14.42/Hour.
The state is not alone in its upcoming minimum wage hike.
The Minimum Wage For Tipped Employees Will Increase To $11.44 Per Hour.
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 rates increased on jan.
Colorado Minimum Wage 2024 Salary Cap Images References :
Colorado Minimum Wage Calculator 2024.
Colorado’s minimum wage will be boosted to $14.42 per hour, an increase of $0.77.
Colorado Minimum Wage 2024 Salary Cap.
The federal minimum wage is currently $7.25, so these employees must be paid the colorado minimum wage ($13.65).
About the author