Colorado Law Alert
Colorado Minimum Wage and Salary Increase

DEC 16, 2020

Statewide
Effective January 1, 2021, Colorado’s minimum wage will increase to $12.32 per hour. The minimum base wage for tipped employees will increase to $9.30 per hour.  

Additionally, the minimum salary for exempt white collar employees will increase to $778.85 per week, or $40,500.20 per year. The minimum rate for exempt computer employees who are paid on an hourly basis will be $28.38 per hour.

Denver
Effective January 1, 2021, Denver’s local minimum wage will increase to $14.77 per hour. The minimum base wage for tipped employees will increase to $11.75 per hour