Colorado’s hourly minimum wage would increase to $11.10 from $10.20 and the tipped-worker minimum wage to $8.08 from $7.18, effective Jan. 1, 2019, under a proposal that was issued Oct. 1 by the Department of Labor and Employment.
The wage increase is the result of a Nov. 8, 2016, voter-approved ballot initiative (Amendment 70), that raises the state’s hourly minimum wage until it reaches $12 and the tipped-worker minimum wage reaches $8.98 on Jan. 1, 2020, with subsequent annual adjustments for inflation thereafter. The ballot measure’s scheduled minimum wage increases that are to occur until 2020 supersede the state’s annual ...
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.