The state of Colorado is increasing the minimum wage rate to $8.00 per hour. This increase goes into effect on January 1, 2014.

There are now 21 states with minimum wage rates above the national minimum of $7.25 per hour. Colorado uses a cost of living formula to compute its annual minimum wage.

If you have questions about Colorado’s employer regulations, the Department of Labor suggests you go to the Colorado Department of Labor & Employment webpage.