Update Applicable to:
All employers in Colorado.
On November 6, 2016, the Colorado $12 Minimum Wage Amendment (Amendment 70) was included in a ballot and later approved in 2017. The law increases the minimum wage annually on January 1, 2022.
The minimum wage in Colorado is expected to increase on January 1, 2022, following the end of a comment period on November 3, 2021.
What are the details?
On September 27, 2021, the Colorado Department of Labor and Employment’s Division of Labor Standards and Statistics opened a comment period after proposing a new state minimum wage increase per Amendment 70. Once the comment period ends on November 3, 2021, the minimum wage will increase, if made official.
If made official, starting January 1, 2022, the minimum wage will possibly increase to $12.56, while the minimum wage for tipped employees will increase to $9.54.
For more information, please see the links below:
What do employers need to do?
Employers should review the article and amendment to make needed changes in preparation for the proposed annual increase.