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Author: ADP Admin/Wednesday, October 5, 2022/Categories: Compliance Corner
Colorado has announced that the state’s minimum wage will increase.
The Details:
On January 1, 2023, the Colorado state minimum wage will increase from $12.56 per to $13.65 per hour.
Also on January 1, 2023, tipped employees (workers who customarily receives more than $30 per month in tips) must receive at least $10.63 per hour in cash wages.
Next Steps:
Colorado employers as of the first day of 2023 must pay employees at least the minimum wage as outlined above.
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