Colorado Sun: New Year, new minimum wage: Colorado’s hourly rate jumps to $12.32 an hour
By Thy Vo
Colorado Sun, Jan 1, 2021
A new minimum wage increase will take effect in Colorado on New Year’s Day, bringing wages to $12.32 an hour, or $9.30 for tipped workers. The 2.7% statewide increase is based on language in the Colorado Constitution, which mandates annual inflation adjustments based on the consumer price index. Colorado voters approved a constitutional amendment in 2016 enshrining the annual wage increase in the state’s governing document. ...