[Colorado] 32 cent minimum wage rise proposed for 2021

Under a proposal issued on September 14 by the state Department of Labor and Employment, Colorado’s hourly minimum wage would increase from $12 to $12.32 on January 1, 2021. Additionally, the hourly minimum wage for tipped workers would rise to $9.30 from $8.98, based on a $3.02 tip credit. (Link via original reporting)

Colorado will go back to an annual review of its minimum-wage for inflation-related adjustments on January 1, just as it did before 2017 when scheduled wage increases under Amendment 70 were put into effect until 2020. A hearing on the proposal will be held on November 2, Bloomberg Tax has further details.

Under a proposal issued on September 14 by the state Department of Labor and Employment, Colorado’s hourly minimum wage would increase from $12 to $12.32 on January 1, 2021. Additionally, the hourly minimum wage for tipped workers would rise to $9.30 from $8.98, based on a $3.02 tip credit. (Link via original reporting)

Colorado will go back to an annual review of its minimum-wage for inflation-related adjustments on January 1, just as it did before 2017 when scheduled wage increases under Amendment 70 were put into effect until 2020. A hearing on the proposal will be held on November 2, Bloomberg Tax has further details.