Tipped Employee Minimum Wage Colorado 2024. 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 compensation order. Some local governments set minimum wage rates higher than their respective state minimum wage.
Employees have a right to take paid sick leave with full pay and return to work without negative consequences. Additionally, colorado’s minimum salary requirement for exempt employees will increase to $55,000.
On January 1, 2024, Denver’s Minimum Wage Will Increase By One Dollar, From $17.29 To $18.29 Per Hour (Almost A 5.8% Increase).
Employees have a right to take paid sick leave with full pay and return to work without negative consequences.
Colorado Minimum Wage 2024 Increase.
For tipped employees, the minimum wage is $10.63 per hour, provided tips bring the total hourly wage up to the standard minimum.
