Co State Minimum Wage 2024. Looking ahead, colorado’s statewide minimum wage will increase on january 1, 2024, to $14.42. Additionally, colorado’s minimum salary requirement for exempt employees will increase.
Colorado’s 2023 minimum wage rate is $13.65 per hour. 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.
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