Colorado Announces Increased Minimum Wage Rates
Posted on March 26, 2020 byLaborLawCenter™
State Update Overview
|Date Updated||March 2020|
|Labor Law Update||The State of Colorado Minimum Wage Law.|
|What Changed||Increase in minimum wage rates.|
|Mandatory or Non-Mandatory||Mandatory|
|Updated Poster||Colorado Labor Law Poster|
In March 2020, the Colorado Department of Labor and Employment published a new Overtime and Minimum Pay Standards notice to include increased minimum wage rates.
Colorado Minimum Wage Law Update
- Minimum wage increased to $12.00 per hour.
- Minimum wage for tipped employees increased to $8.98 per hour.
- Revised notice includes information on COMPS order.
Wage and Hour Exemptions
Employees may be exempt from wage and hour laws based on criteria associated with their salary, actual duties, and skills. Exempt employees neither receive overtime pay nor qualify for minimum wage. Colorado labor law defines these exemptions based on Executive, Administrative, or Professional status. Learn more here.
Colorado Labor Law Poster Update
All businesses within the State of Colorado must display the new Overtime and Minimum Wage Standards notice along with other state-mandated posting requirements where it is sufficiently accessible and viewable to all employees. This change has been reflected in our Colorado & Federal Labor Law Poster and does require an immediate mandatory update. Failure to meet compliance requirements and display the updated poster could result in fines.
Order the Colorado Labor Law Poster to immediately include this required update.
Bookmark the permalink