Find out more about the Ontario Minimum Wage Increase: When will the minimum wage go up in 2024? from this piece. A lot of information about the Ontario Minimum Wage Increase: When will the minimum wage rise in 2024? and other useful details can be found in this paper.
Ontario’s Minimum Wage Goes Up
As a legal matter, the minimum wage is the least amount of money that a boss can properly pay their workers. This is true for most workers who are eligible for the minimum wage. This wage rate will be used no matter if they are paid by the hour, by the piece, or by a flat rate, and it doesn’t matter if they work part-time or full-time.
All of us know that the minimum wage in each of Canada’s provinces and territories is different. Most rates are linked to the CPI and change based on that. On October 1, 2023, the new minimum wage went into effect in Ontario.
In Ontario, The Minimum Wage Is
At least 16.55 dollars an hour is now the minimum wage in Ontario as of October 1, 2023. In Ontario, there is a general minimum wage as well as some other rates that are more specific. There are special rates set for a certain group of workers.
![Ontario's Minimum Wage: When Will The Ontario Minimum Wage Go up In 2024?](https://safeharborprivatebanking.com/wp-content/uploads/2024/03/0379_638246837899984883.jpg)
On the Ontario Government website and in the minimum wage database, you can find details about the rise in the minimum wage in Ontario.
General:
- Most people who work in Ontario are currently paid at least the general minimum wage.
- For general workers, the minimum pay right now is $16.55 an hour.
- The price will be this way from October 1, 2023, to September 30, 2024.
This rate used to be $15.50 an hour from October 1, 2022, to September 30, 2023; $15 an hour from January 1, 2022, to September 30, 2022; and $14.35 an hour from October 1, 2021, to December 31, 2021.
Student:
- This rate is for Ontario student workers who are qualified.
- In Ontario, the minimum pay for students right now is $15.60 an hour.
- It used to be $14.60 an hour for students from October 1, 2022, to September 30, 2023; $14.10 an hour from January 1, 2022, to September 30, 2022; and $13.50 an hour from October 1, 2021, to December 31, 2021.
- The basic wage for students will stay the same until September 30, 2024.
Servers Of Alcohol:
- In Ontario, the minimum wage for drink servers is the same as the minimum wage for other workers.
- As a result, the current minimum pay for liquor servers will stay in place until September 30, 2024.
- Guides for hunting, fishing, and the wilderness:
- For these jobs, the minimum pay is $82.85 a day for less than 5 hours and $165.75 a day for more than 5 hours.
- They are paid differently than regular people, people who work as booze servers, and students.
- A wilderness guide will often go hiking, learn how to survive in the woods, watch wildlife, dog sledding, back-country skiing and snowshoeing, rock climbing, and other activities.
Workers At Home:
- The minimum pay for people who work from home right now is $18.20 an hour.
- The current minimum wage for people who do their homework will stay in place until September 30, 2024.
This website from the Ontario Government shows what these skilled and general workers do, what their minimum wage is, how much they were paid before, and other information.
There are some extra rules for people who work on commission, like the three-hour rule and getting free food and lodging. You can use each of these rules for a different type of worker and in different scenarios.
![Ontario's Minimum Wage: When Will The Ontario Minimum Wage Go up In 2024?](https://safeharborprivatebanking.com/wp-content/uploads/2024/03/VNsalary_AP0322_web-1280x550-1-1024x440.jpg)
Employers can think about giving their workers room and board to make sure they are getting the right minimum wage. This will only be counted as pay if the person has stayed in the room and been fed.
The amount that an employer should pay for this is –
- Rooms cost $31.70 for a single room and $15.85 for a public room.
Meals cost $2.55 for each one, or $53.55 for the whole week. - Rooms and meals (every week): 85.25 dollars for a private room; 69.40 dollars for a non-private room; 53.55 dollars for a non-private room for domestic workers.
- Housing for harvest workers for one week costs 99.35 dollars (for service housing) or 73.30 dollars (for unserviced housing).
When Will The 2024 Minimum Wage Go Up?
Ontario’s minimum wage is linked to the yearly increase in the cost of living. The rate of inflation is used to come up with this yearly indexation. If the minimum wage changes, the new amount will be made public on or before April 1. It won’t start to work, though, until October 1.
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In other words, if the government agrees to raise the minimum wage in 2024, it will probably start on October 1, 2024. Anyone who is getting paid will be paid for two different periods if the minimum wage changes between pay periods. Because of this, the workers will each get the minimum wage that applies to them.
Many workers in Ontario are now making more money since the wage went up to $16.55 an hour. Because of the recent rise, Ontario now has one of the highest minimum wage rates in Canada.