Colorado Minimum Wage 2024. Additionally, colorado’s minimum salary requirement for exempt employees will increase to $55,000. This is up from $13.65 per hour in 2023.
Effective january 1, 2024, the state minimum wage will be increased to $14.42/hour. According to the division of labor standards and statistics, colorado has increased minimum wage rates to $14.42 per hour starting january 1, 2024.
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