Colorado Minimum Salary Requirements 2024. Colorado's state minimum wage will increase to $14.42 per hour beginning january 1, 2024. In january 2023, it will jump to $961.54 per.

If that same amount is applied to the 2024 salary threshold in colorado (i.e., $55,000), the 2025 amount would be around $59,800, with additional increases coming in 2026 and. As a result of the colorado overtime & minimum pay standards order, the minimum salary required to qualify for the executive/supervisor, administrative and professional.