Colorado Exempt Minimum Wage 2025

Colorado Exempt Minimum Wage 2025. Colorado New Minimum Wage 2025 Valerie Mackay This adjustment is measure d by the Consumer Price Index (CPI) used for Colorado since the 2020 minimum wage of $12.00 per hour was implemented The federal minimum wage set by the FLSA is used to ensure all workers are provided with a basic wage that doesn't fall below the acceptable standard..

Employer’s Guide to the Colorado Minimum Wage Factorial
Employer’s Guide to the Colorado Minimum Wage Factorial from factorialhr.com

As of March 2025, the minimum salary level for exemption is $35,568 per year or $684 per week. The federal minimum wage set by the FLSA is used to ensure all workers are provided with a basic wage that doesn't fall below the acceptable standard..

Employer’s Guide to the Colorado Minimum Wage Factorial

per hour Last year's minimum adjusted by CPI (Consumer Price Index) for Colorado (B) Amount of minimum wage that employers must pay to tipped employees (R 1.10, 6.2.3) $10.63 per hour to the extent that adding tips raises total pay to full minimum wage $3.02 per hour below full minimum wage to the extent that adding tips Thus, the 2025 salary basis for exemption in Rule 1.2(E), applicable to certain COMPS Order exemptions, is updated to reflect the 2024 rate adjusted for inflation based on the same CPI used for adjusting the Colorado minimum wage

Free Colorado Minimum Wage Labor Law Poster 2025. The highly compensated employee exemption salary, set Each year, Colorado's minimum wage and salary threshold for exemption status are adjusted annuall y for cost-of-living increases

Minimum wage to increase in 26 states including Colorado in 2020. Since the FLSA's enactment in 1938, the US Department of Labor has set a minimum salary threshold employees must receive to be exempt from the FLSA's requirements The federal minimum wage set by the FLSA is used to ensure all workers are provided with a basic wage that doesn't fall below the acceptable standard..