Minimum Salary For Exempt Employees 2024 Colorado. The final rule is expected in april, 2024. January 1, 2024 $1,057.69 per week ($55,000 per year) january 1, 2025 the 2024 salary adjusted by the same consumer price index as the colorado minimum.
Additionally, colorado’s minimum salary requirement for exempt employees will increase. The 2024 salary adjusted by the same consumer price index as the colorado minimum.
In January 2023, It Will Jump To $961.54 Per Week Or $50,000 Per Year, And In.
For 2023, the colorado state minimum wage rate is $14.42.
Employers Can Anticipate Increasing The Exempt Threshold To $865.38 Per Week Next Year With A Minimum Salary Of $45,000 Per Year.
Colorado’s 2023 minimum wage rate is $13.65 per hour.
Under Comps Order #37, The Standard Minimum Wage Will Increase From $12.00 An Hour To $12.32 An Hour, While The Minimum.
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There Are Notable Adjustments To Colorado’s Wage Laws Beginning January 1, 2023:
$1,057.69 per week ($55,000 per year) january 1, 2025:
The 2024 Salary Adjusted By The Same Consumer Price Index As The Colorado Minimum.
Colorado’s 2023 minimum wage rate is $13.65 per hour.