Minimum Wage Increases Today (Oct. 1)
MINIMUM WAGE IN ONTARIO GETS AN INCREASE TODAY
Courtesy of Barrie 360
THE GENERAL MINIMUM WAGE HAS BEEN SET AT $14.35 AN HOUR
Dan BlakeleyPublished: Oct 1st, 2021 10:42amLast Updated: Oct 1st, 2021 3:15pmFacebookTwitter
The minimum wage in Ontario — the lowest wage rate an employer can pay an employee — increases today (Oct. 1).
Under the Making Ontario Open for Business Act, this increase is tied to the Ontario Consumer Price Index for 2020.
The increase to the general minimum wage is 10 cents, which brings the new rate to $14.35 an hour. The student minimum wage has been set at $13.50 an hour, and the rate for liquor servers has been increased to $12.55 an hour.
On October 1 of every year starting in 2020, the minimum wage rates may increase annually. The new rates to come into effect on October 1 will be published on or before April 1 of every year, beginning in 2020.
If a change to the minimum wage rate comes into effect partway through an employee’s pay period, the pay period will be treated as if it were two separate pay periods. The employee will be entitled to at least the minimum wage that applies in each of those periods.
— Employment Standards Act: Minimum wage | Ontario.ca
Most employees are eligible for minimum wage, whether they are full-time, part-time, casual employees, or are paid an hourly rate, commission, piece rate, flat rate or salary.
If an employee’s pay is based completely or partly on commission, it must amount to at least the minimum wage for each hour the employee has worked.
Patricia is the Business Mentor and owner of Grow Vantage and a Past President of the Barrie Chamber of Commerce. She applies over 30 years of business experience (from start-up to corporate) to mentor entrepreneurs. Since 2011, she has held over 6,500 coaching and training sessions in-person and online. Through Ask For Directions Training, her entrepreneurial training program (and parent company Grow Vantage), and as a business coach, she works with start-ups who are new (or who have lost traction) to design, launch and grow their businesses. Along with 20 other expert instructors she teaches strategies in marketing, sales, communications, and finance, as well as practical techniques to increase productivity, and manage their businesses. In other words, everything entrepreneurs need to learn to grow and run their businesses successfully, and avoid the costly mistakes they can't even see coming - that lead to delays in growth and getting stuck.