Colorado’s Minimum Wage to hike to $12.32 this 2021

Posted by on 12/22/2020 to Colorado
DENVER - The Colorado Department of Labor and Employment’s (CDLE) Division of Labor Standards and Statistics (DLSS) will execute a constitutionally mandated minimum wage adjustment in the Colorado Overtime and Minimum Pay Standards Order (“COMPS Order”). From $12.00 this 2020, the minimum wage will adjust for inflation on January 1, 2021 to $12.32. Meanwhile, wages for tipped workers will increase to $9.30 per hour.