7 CCR 1103-14-1 - Statement of Purpose, Requirements, and Calculations

1.1 This Publication And Yearly Calculation of Adjusted Labor Compensation Order ("PAY CALC Order"), 7 CCR 1103-14, publishes values that adjust periodically under the Colorado Overtime and Minimum Pay Standards Order ("COMPS Order"), 7 CCR 1103-1, or other laws.
1.2 Coverage and Application. Following are the 2024 minimum pay and income levels and future adjustments in each cited COMPS Order rule, and/or mandated by constitutional, statutory, or rule provisions the COMPS Order implements, or from which it derives.

Minimum Pay Level in COMPS Order Rule

2024 Level (Yearly Calculation)

Future Annual Adjustments

(A)

Full Colorado minimum wage (R. 3.1)

$14.42 per hour

Last year's minimum adjusted by CPI (Consumer Price Index) for Colorado

(B)

Amount of minimum wage that employers must pay to tipped employees (R. 1.10, 6.2.3)

$11.40 per hour to the extent that adding tips raises total pay to full minimum wage

$3.02 per hour below full minimum wage to the extent that adding tips raises total pay to full minimum wage

(C)

Minimum wage for non- emancipated minors (R. 3.3)

$12.26 per hour

15% below full minimum wage

(D)

Minimum pay for agricultural range workers (R. 2.4.9)

$590.61 per week

Prior year's level adjusted by inflation

(E)

Executive/supervisor, administrative, or professional employees ("EAP") (R. 2.5.1); certain owners or proprietors of non-profit employers (R. 2.2.5); decision-making managers at livestock employers (R. 2.4.8)

$1,057.69 per week ($55,000 rounded annual equivalent); and sufficient for the minimum wage for all hours worked in a workweek

Prior year's level adjusted by CPI each year as of 2025

(F)

Highly technical computer employees (R. 2.5.2, 2.2.10)

$33.17 per hour or the EAP salary above (row E)

Prior year's hourly wage adjusted by inflation, or the EAP salary above

(G)

Highly compensated employees (R. 2.2.11)

$123,750 annually, and the EAP salary (row E) weekly

The annual EAP salary (row E) multiplied by 2.25

(H)

Certain drivers and driver's helpers (R. 2.4.6)

$793.10 per week

Based on Colorado minimum wage each year

(I)

Certain seasonal camp or outdoor education field staff (R. 2.2.7(E))

Full minimum wage or, per week: $405.64 (adults) or $314.92 (minors); except at non-profits with up to $25 million in revenue, $304.70 (adults) or $229.10 (minors)

Based on Colorado minimum wage each year

1.3 Additional Requirements. Many of the referenced COMPS Order rules have other requirements aside from a minimum pay level, including but not limited to: an employee having duties that qualify for exemption; an employee receiving sufficient tips to allow for a tip credit to be taken; and an employer paying any higher applicable federal, local, or minimum wage.

Notes

7 CCR 1103-14-1
44 CR 23, December 10, 2021, effective 1/1/2022 45 CR 23, December 10, 2022, effective 1/1/2023 46 CR 23, December 10, 2023, effective 1/1/2024

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