Did you know that the Government of Ontario has passed legislation to increase Ontario's minimum wage? Beginning January 1, 2018, minimum wage in Ontario will be increasing from $11.60/hour to $14/hour.
So what does this mean for you? Whether you are a worker or employer, you may have a few questions. Here are some frequently asked questions regarding the upcoming new minimum wage increase.
Am I eligible for this wage increase?
You will be eligible for the wage increase if you are currently working in Ontario, and if you are being paid less than the proposed new minimum wage ($14/hour). For example, if you are currently working for $11.60/hour, your pay will increase to $14/hour starting January 1, 2018.
When will I receive the wage increase?
Beginning January 1, 2018, all Ontario workers who are receiving less than $14/hour will receive the new increased minimum wage.
What if my wage is higher than $14/hour before January 1, 2018?
If you are receiving $14/hour or more before the proposed minimum wage increase date, then wage increases are dependent solely on your employer. If you're an employee of Liberty Staffing, and if you are unsure if you are going to receive a wage increase, please contact us. We would be happy to help you.
Which employees do I need to pay $14/hour?
What should I do in preparation for the new minimum wage?
We suggest bumping up your employees' pay rates to the expected $14/hour, if you haven't already. By increasing your employee's wages before January 1, 2018, you can get an idea of what to expect in terms of profit, production, sales, etc.
What if I have employees that are currently being paid more than $14/hour?
If you have employees that are being paid $14/hour or more before January 1, 2018, you have full jurisdiction regarding giving increases. To decrease turnover in staff, it's a good idea to keep in mind the number of years an employee has worked at your company. For example, think of new employees that are being brought on versus employees that have been with you for years.
Have more questions regarding the new minimum wage increase? Contact Liberty Staffing today!