Colorado Minimum Wage 2024 Salary Range

Colorado Minimum Wage 2024 Salary Range. As of july 2024, the minimum salary to be exempt from overtime pay requirements in colorado is. Additionally, colorado’s minimum salary requirement for exempt employees will increase to $55,000.

$1,057.69 per week ($55,000 per year) january 1, 2025: Colorado’s state minimum wage will increase to $14.42 per hour beginning january 1, 2024.