2009 Colorado Minimum Wage Increase
October 15th, 2008 Posted by DerrickThe Colorado minimum wage will increase by 26 cents, from $7.02 to $7.28 per hour, effective January 1, 2009. The minimum wage for tipped employees in the state will also increase by 26 cents, from $4.00 to $4.26 per hour.
Under Article XVIII, Section 15 of the Colorado Constitution, as amended in 2006, the Colorado minimum wage is adjusted annual for inflation, as measured by the Consumer Price Index for Colorado. That law also increased the Colorado minimum wage to $6.85 per hour in 2007, and capped the tax credit employers can take for tipped workers at $3.02 per hour.
The Colorado minimum wage is adjusted for inflation each year (more…)
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