Colorado Voted
Yes for Minimum Wage Increase |
|
An initiative
placed on
the 2016
ballot to
increase
the minimum
wage was
approved.
|
Effective
January
1, 2017
the minimum
wage in
Colorado
will
start
to increase
from
it's current
rate of
$8.31
to $12.
Over
a
number
of
years.
|
Starting
in January
1, 2017
the minim
wage will
increase
by
$0.90 annually
as
follows:
-$9.30
-
1 January
2017
-$10.20 -
1 January
2018
-$11.10 -
1 January
2019
-$12.00 -
1 January
2020
|
After January
2020 annual
increases
will be
based on
the cost
of living
adjustments.
|
See other States minimum wages. |
Sources:
Colorado
Amendment
101
By Bill
Williams
|