Minimum Wage Increase Colorado 2024. In 2024, the minimum wage is projected to reach $15 per hour. Colorado state minimum wage is increasing from $13.65 to $14.42.
The statewide minimum wage for colorado — currently $13.65 — will increase on january 1, 2024, in line with the cost of living (cola) to an amount not yet determined. The weekly salary requirement for white collar exempt employees will then increase to $1,128/week on january 1, 2025.
(See Below) Increasing The Minimum.
The state is not alone in its upcoming minimum wage hike.
1, 2024, According To A Press Release From The City.
Denver’s hourly minimum wage, currently at $17.29, heads to $18.29 in january.
It Can Help Reduce Income.
Images References :
Colorado's 2024 Minimum Wage Statewide, The Minimum Wage Will Increase From $13.65 To $14.42 Per Hour.
This represents an almost 65% increase.
Colorado’s Minimum Wage Will Jump To $13.65 Per Hour Next Year — An 8.68 Percent Increase — Amid Persistent Inflation.
The state minimum wage will be $14.42 in 2024, up from $13.65 in 2023, according to colorado’s publication and yearly calculation of adjusted labor.
To Receive This Information In Another Language, Contact The.