Colorado's minimum wage is recalculated yearly based on the Consumer Price Index.
Full Time Minimum Wage: $320.00 per week
$64.00 pd, $320.00 pw, $16,640 py
Based on a 8 hour day, 40 hours per week and 52 weeks per year before taxes.
Minimum Wage Trainees, Internship: $8.00
Interns or trainees in the for-profit private sector who are qualifying more as employees than as trainees must be paid at least the minimum wage and overtime compensation for more then 40 hours worked in a workweek.
Where Federal and state law have different minimum wage rates, the higher standard applies.
Overtime Pay Colorado
Overtime Pay Colorado: $12.00 per hour
The overtime pay rate is one and one-half (1.5) times the regular working hour rate of pay. Overtime pay is the cash compensation for the hours eligible employees work in excess of:
40 hours in a workweek (a workweek = 7x24= 168 hours).
12 hours per workday
12 consecutive hours without regard to the starting and ending time of the workday (excluding duty free meal periods) Whichever calculation results in the greater payment of wages. Exempt from overtime pay: see the Colorado Department of Labor & Employment
Violations Minimum Wage
The Colorado Division of Labor may accept complaints regarding non-payment of the minimum wage. You can call 303-318-8441, or you can file an online complaint at the website. In the next link you will find the online complaint forms.
Minimum Wage Tipped Workers
Cash Wage: $4.98
Maximum Tip Credit: $3.02
Note:The cash wage or basic or direct wage rate is the minimum required employer contribution towards your hourly minimum wage. The "maximum tip credit" is the amount of tips you will need on top of your cash wage to make a full minimum wage per hour. If you do not receive sufficient tips in your workweek to achieve the minimum wage for all hours worked that week, your employer must make up the difference.