Colorado Tipped Minimum Wage 2024. Tipped minimum wage laws by state 2024. The statewide minimum wage for colorado — currently $13.65 — will increase on january 1, 2024, in line with the cost of living (cola) to an amount not yet determined.
This means tipped employees can be paid as little as $11.40 an hour for 2024, as long as they earn enough. Colorado’s minimum wage in 2024 is $14.42 per hour ($11.40 with a $3.02 tip credit), according to the division of labor standards and statistics.