Colorado State Minimum Wage 2024 Increase. The minimum salary threshold for highly compensated workers increased by $11,250 to $112,500 in 2023. Seven states across the u.s.


Colorado State Minimum Wage 2024 Increase

Boulder and edgewater are joining denver this year in establishing their own minimum wage. The minimum salary threshold for highly compensated workers increased by $11,250 to $112,500 in 2023.

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Looking ahead, colorado’s statewide minimum wage will increase on january 1, 2024, to $14.42 per hour.

You Are Still Responsible For Paying Your Portion For The Benefits That You Would Pay While You Were Working.

However, colorado employers should be aware that municipalities within colorado will also be increasing their minimum wage above the state’s minimum wage.

Boulder And Edgewater Are Joining Denver This Year In Establishing Their Own Minimum Wage.

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Increasing The Minimum Wage In Colorado Has Several Benefits.

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However, Colorado Employers Should Be Aware That Municipalities Within Colorado Will Also Be Increasing Their Minimum Wage Above The State's Minimum Wage.

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For Health Care Facilities In The Second Category, Beginning June 1, 2024.