Colorado Updates Minimum Wage, Salary Threshold Amounts for 2025

Nov. 21, 2024, 8:28 PM UTC

Colorado adjusted its minimum wage rates and minimum amounts for exemption in a Department of Labor and Employment order that was adopted on Nov. 7.

The order confirms Bloomberg Tax’s Aug. 30 minimum wage calculations.

Minimum Wages

The hourly minimum wage in Colorado will rise to $14.81 from $14.42 effective Jan. 1, 2025, according to the department’s 2025 PAY CALC Order.

The rate for tipped employees will rise to $11.79 from $11.40, based on a maximum $3.02 hourly tip credit, according to the order. Tipped employees are employees who average at least $1.64 in tips per hour over ...

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