The state-wide minimum wage for Colorado is $13.65 per hour as of January 01, 2023.
Colorado minimum wage in 2021: US$12.32 (effective January 1, 2021)
Colorado minimum wage in 2020: US$12
Colorado minimum wage in 2000: US$5.15 ($7.93 after inflation adjustment)
Colorado minimum wage in 1980: US$1.90 ($6.37 after inflation adjustment)
An increase in the minimum wage would have a significant positive impact on Colorado women and families, lifting many working women and their children out of poverty.
Concerned about the extreme duress the industry was under because of the pandemic, the Colorado Restaurant Association asked the city to delay raising its minimum wages but was denied.
Updates to the Colorado Minimum Wage Order could improve the lives of hundreds of thousands of Colorado workers, while facilitating compliance for Colorado businesses.
In addition to any Colorado-specific minimum wage exemptions described above, the Federal Fair Labor Standards act defines special minimum wage rates applicable to certain types of workers.
While these guidelines help make sure your business is prepared and stays in compliance, it’s also advisable to discuss Colorado minimum wage laws with your accountant and lawyer.
In most parts of the state, even a single adult working a minimum wage job would fall short of the income needed to meet their basic needs, according to the Self-Sufficiency Standard for Colorado.
Unless an employee is exempt from the provisions of the Colorado minimum wage laws, they are required to pay all adult employees at least equal to the minimum wage.
Colorado has followed the sweeping changes to its minimum wage, overtime, and other wage and hour rules implemented under Colorado Overtime and Minimum Pay Standards (COMPS).
The COMPS Order includes a reference to the ability under Colorado law of local jurisdictions to adopt higher minimum wages than the statewide minimum wage, as the City of Denver has done.
Colorado's minimum wage went up 32 cents an hour on Friday, with restaurants holding on by their fingernails during the COVID-19 pandemic saying it may be the last straw.
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