Colorado, Montana to Adjust Minimum Wage to Consumer Price Index

Colorado Minimum Wage Order Number 28 establishes a new state minimum wage rate of $7.64 per hour and $4.62 per hour for employees who regularly receive tips, effective Jan. 1, 2012. Montana will similarly raise its minimum wage by 30 cents to $7.65 an hour. Both states are basing the increases on inflationary effects on [...]

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