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Your new collective agreement will apply retroactively to the effective date of the agreement. In most cases, the collective agreements are retroactive to a date in 2021. The exact date varies according to your collective agreement and when it expired. There is a period of time where your new rate of pay applies but you were paid at your old rate.
- Minimum Wage Rates
- Minimum Wage Calculation For Employees Who Earn Commission
- How Provision of Room and Board Affects Minimum Wage
- Employees Sent Home After Working Less Than Three Hours: The Three-Hour Rule
- When The Minimum Wage Changes
Effective October 1, 2024, minimum wage rates in Ontario have increased. This increase is tied to the Ontario Consumer Price Index for 2024. The general and specialized minimum wage rates are detailed in the chart below. General minimum wage 1. This rate applies to most employees.Example for calculating general minimum wage: One week, Julia works 3...
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.
For the purposes of ensuring that the applicable minimum wage has been paid to an employee, an employer can take into account the provision of room and board (meals). Room and board will only be deemed to have been paid as wages if the employee has received the meals and occupied the room. The amounts that an employer is deemed to have paid to the ...
When an employee who regularly works more than three hours a day is required to report to work but works less than three hours, they must be paid whichever of the following amounts is the highest: 1. three hours at their regular rate of pay, or 2. the amount the employee earned for the time worked and wages equal to the employee’s regular wage for ...
The minimum wage rates are subject to annual indexation based on the rate of inflation. If that rate is changed, the new rate will be published on or before April 1 and will come into effect on October 1. 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...
Mar 21, 2024 · Should the provincial or territorial minimum wage rate exceed the federal rate, employers must pay the higher of the two. For more information, please refer to the Pay and minimum wage, deductions, and wage recovery webpage or contact the Labour Program at 1‑800‑641‑4049.
- Employment And Social Development Canada
The August date is the date the rate of pay will change in the pay system going forward. October is the date the new rates go into effect. For clarity, the PE rates were due to change effective October 2022. So when they update the new rate in August 2023, that means the PEs will be at correct Oct 2022 rate going forward.
The new minimum wage comes into effect on October 1. Any hours worked on that date and after must be paid at the new minimum wage rate. Example: Minimum wage is increasing from $15.50 to $15.75*, and the pay period is September 22 to October 5.
Mar 21, 2023 · To keep pace with inflation, the federal minimum wage will increase from $15.55 to $16.65 per hour on April 1, 2023. Based on the Consumer Price Index, which rose 6.8% in 2022, the increase will help make life more affordable for the approximately 26,000 Canadian workers who earn less than the current rate.
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238 votes, 219 comments. true. This means the pay on August 2 will reflect the new rates. Retro pay will be processed at a later date.
