Minimum Wage Ontario 2024 Annual. A bill has been adopted to increase the minimum wage rate on october 1 each year. However, specific rates may vary based on factors such as age, job type, and work hours.
The current minimum wage for students in ontario is $15.60 per hour. In ontario, workplace policies, regulations, and expectations are set out in the employment.
The Ontario Ministry Of Labour Plays A Key Role In Overseeing And Enforcing Minimum.
This increase is tied to the ontario consumer price index for 2024.
The Minimum Wage Rate Is Increased On May 1 Each Year.
The minimum wage rates are subject to annual indexation based on the rate of.
The Category Of Fishing And Hunting Guides Is Not Considered In This Calculator As It Is Very Specific.
This 3.9% hike from the previous rate of $16.55 is based on the ontario consumer price index (cpi), ensuring that wages keep up with inflation.
Ontario Minimum Wage Rates Moving Forward.
As of january 1, 2024, the minimum wage in ontario is $16.55 per hour, representing a 6.8% increase from the previous rate of $15.50 per hour set on october 1, 2022.