Colorado Minimum Wage 2024 Tipped. Essentially, the tip credit allows employers to pay tipped employees less than minimum wage as long as. However, tipped employees are also subject to a “tip credit.”.

Employers are responsible for verifying that their tipped staff earns at least the standard minimum wage of $11.10, combining the tipped minimum wage and any earned tips. This act guaranteed gradual increases to the colorado minimum wage with an ultimate target of $12 per hour by 2020.