Colorado Tipped Minimum Wage 2024. Colorado's state minimum wage will increase to $14.42 per hour beginning january 1, 2024. The minimum wage for tipped employees is also set to rise from the current $10.63 to $11.40 at the start of 2024.
The minimum wage for tipped employees is also set to rise from the current $10.63 to $11.40 at the start of 2024. The 2024 colorado minimum wage is $14.42/hr for standard pay, and $11.40/hr for tipped employees.
The Wage Board Has Been Authorized Since 2020 To Increase The Minimum Cash Wage For Tipped Tourist Service And Restaurant Employees To A Rate Not Greater Than 45% Of The Minimum Wage Or Less Than The Federal Minimum Wage For Tipped Employees.
For 2023, the state minimum wage is $13.65 per hour, but this number will change again on january 1, 2024.
Local Minimum Wages In Colorado.
Denver, which has it’s own minimum wage independent from the state of colorado, is increasing it’s minimum wage to $18.29 up $1.00 from 2023.
Tipped Minimum Wage For Bartenders Is $8.62/Hour, Others $7.62/Hour.
Chicago’s tipped minimum wage increased in 2024 after the city council passed an ordinance to increase the tipped minimum wage by 8% each year for five.