Most employers with tipped employees are well-informed regarding minimum wage rules and tip credit requirements. However, they may not be as familiar with how their local rules governing tip pooling differ from the federal rules. The federal Fair Labor Standards Act (FLSA) permits tip...
Colorado’s minimum wage will rise from $13.65 to an inflation-adjusted $14.42 per hour on January 1, 2024, according to the Colorado Department of Labor and Employment (CDLE) . The tipped minimum wage will be $11.40 per hour, up from $10.63 in 2023. Employers should also...
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