Colorado Minimum Wage In 2024. However, colorado employers should be aware that municipalities within colorado will also be increasing their minimum wage above the state’s minimum wage. This represents an almost 65% increase in the minimum exempt salary threshold by january 1.
The minimum wage for tipped employees is also increasing. Dol proposal details $15 minimum wage requirement for contractors biden raising minimum wage for federal contractors to $15/hr rafting companies ask court to block $15 min.
In 2024, The Minimum Wage Is Projected To Reach $15 Per Hour.
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The 2024 Legislative Session Brought Many Other Major Victories On Issues Of Importance To Small Businesses.
Federal and state minimum wage rates, annual.
In Virginia, The Governor Vetoed A Proposal That Would Have Increased The State’s Minimum Wage From $12 Per Hour To $15 By 2026.
For 2023, the colorado state minimum wage rate is $14.42.
The Weekly Salary Requirement For White Collar Exempt Employees Will Then Increase To $1,128/Week On January 1, 2025.