J. Kent's Blog - Articles for Employers and Job Seekers

Minimum Wage Increases – Denver to $18.29 and Colorado to $14.42 Per Hour on Jan. 1, 2024

Posted by: Karen Booher on December 8th, 2023

At the end of each year, we share information on what is happening with minimum wages locally, around the country, and also at our company – J. Kent Staffing.

Denver and Colorado’s 2024 Minimum Wage – $18.29 and $14.42 Per Hour, Respectively

The minimum wage for employees (not including tipped employees) in Denver will be just under 25% higher than the rest of the state. On January 1, 2024, Denver’s minimum wage will increase by one dollar, from $17.29 to $18.29 per hour (almost a 5.8% increase). The rest of the state will increase from $13.65 in 2023 to $14.42 per hour as of January 1, 2024 (just over a 5.6% increase). Both Denver’s and Colorado’s 2024 increases are based on the Consumer Price Index.

J. Kent Staffing’s 2024 Minimum Wage – $19.00 Per Hour (up one dollar from $18.00 Per Hour in 2023)

At J. Kent Staffing, we are committed to providing high-quality jobs and competitive wages to all our employees. Each year, we announce our own minimum wage. This is not law, but rather a bar that we set where our entry-level positions – clerical, reception, customer service, warehouse/light labor, data entry, event staff – are guaranteed to pay that as a minimum (and most often, more).

So, whether we are putting our temporary associates to work at client offices in Denver, Aurora, Boulder, Lakewood, Highlands Ranch, or any other city in Colorado, they will be earning a minimum of $19.00 per hour in 2024.

Here is What’s Happening in All 50 States (+Washington D.C.)

The federal minimum wage of $7.25 per hour has remained the same since 2009. In 2024, 20 states have a minimum wage that matches, or is less than, the federal one of $7.25 per hour. Another 20 states will be increasing their minimum wages in 2024.

Note: States with minimum wages lower than the federal minimum wage of $7.25 per hour are listed below at that level, which is required for all employers who are subject to the Fair Labor Standards Act. States with no local minimum wage regulations adhere to federal minimum wage laws.

State 

2024 Minimum Wage 

2023 Minimum Wage 

Alabama $7.25 $7.25
Alaska $11.73 $10.85
Arizona $14.35 $13.85
Arkansas* $11.00 $11.00
California $16.00 $15.50
Colorado** $14.42 $13.65
Connecticut $15.69 $14.00
Delaware $13.25 $11.75
Wash., D.C. $17.00 $16.10
Florida $12.00 ($13.00 on 9/30/24) $11.00
Georgia $7.25 $7.25
Hawaii $14.00 $12.00
Idaho* $7.25 $7.25
Illinois $14.00 $13.00
Indiana* $7.25 $7.25
Iowa* $7.25 $7.25
Kansas* $7.25 $7.25
Kentucky* $7.25 $7.25
Louisiana $7.25 $7.25
Maine $14.15 $13.80
Maryland** $15.00 $13.25
Massachusetts* $15.00 $15.00
Michigan $10.33 $10.10
Minnesota*** $10.85 $10.59
Mississippi $7.25 $7.25
Missouri $12.30 $12.00
Montana $10.30 $9.95
Nebraska $12.00 $10.50
Nevada**** $11.25 ($12.00 on 7/1/2024) $11.25
New Hampshire $7.25 $7.25
New Jersey $15.13 $14.13
New Mexico $12.00 $12.00
New York***** $16.00 / 15.00 $14.20
North Carolina* $7.25 $7.25
North Dakota* $7.25 $7.25
Ohio $10.45 $10.10
Oklahoma* $7.25 $7.25
Oregon****** $14.20 (through 6/30/2024) $14.20
Pennsylvania* $7.25 $7.25
Rhode Island $14.00 $13.00
South Carolina $7.25 $7.25
South Dakota $11.20 $10.80
Tennessee $7.25 $7.25
Texas* $7.25 $7.25
Utah* $7.25 $7.25
Vermont $13.67 $13.18
Virginia* $12.00 $12.00
Washington $16.28 $15.74
West Virginia* $8.75 $8.75
Wisconsin* $7.25 $7.25
Wyoming $7.25 $7.25

* No change from 2023 has been announced.

** Varies by geographical location within the state.

*** $10.85/hour in Minnesota for employers with annual revenues of at least $500,000. $8.85/hour for employers with less than $500,000 in revenues.

**** Listed rate is for Nevada employees who are not offered qualifying health insurance. Those who are offered health insurance must receive a minimum of $1.00 less than the listed rate.

***** The minimum wage is $16.00 per hour for New York City, Long Island, and Westchester County. The rest of New York has a minimum wage of $15.00 per hour.

****** Listed rate is Oregon’s standard state minimum wage of $14.20 per hour, effective July 1, 2023. The minimum wage in the Portland Metro area is $15.45 per hour and $13.20 in nonurban counties in Oregon.


Source:

https://www.paycor.com/resource-center/articles/minimum-wage-by-state/

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