Ontario’s Hourly Wage Increase 2024: Understand The Law & Verify The Minimum Wage 

Canada’s federal government has set a minimum salary that firms must pay their staff members.

All employees, whether they work full-time, part-time, or are casual workers, will get the minimum pay rate.

Employees who are paid on an hourly, commission, piece rate, flat rate, or salary will not see increases to the Ontario Wage Rate in 2024.

The employees may be employed, but they are not subject to the minimum wage rate under the Employment Standards Act.

Compliance with the minimum pay rate is contingent upon a specific term. The Ontario Minimum Wage Check 2024 has been raised for workers by the province.

Every year, in October, the payment increase goes into effect. The payout has been increased to $16.55 effective October 1, 2023, with effect from that date.

The majority of workers are subject to the minimum wage rate, while the province further charges specific rates to certain worker groups.

That rate was $15.50 per hour in 2023. The hourly rate that applies to the pupils is $15.60. We have included information about the pay rate that will be in effect as of this date in this post.

This post also includes the province-by-province Ontario Wage Rate 2024 that is valid throughout Canada.

Ontario’s Hourly Wage Rates

Details  Applicable rates 
Minimum wage rate CAD 16.55/ hour
Students minimum wage CAD 15.60/ hour
Liquor CAD 16.55/ hour
Hunting, wilderness and fishing $82.85 per hour if you have worked for less than 5 hours$165.75/ hour if worked for 5 hours or more
Homeworkers wage rate $18.20/ hour

Social Security Payment Dates April 2024

The reason for the increase in the pay rate is inflation. The rate of earnings per hour will now rise in the province of Ontario.

Ontario's Hourly Wage 2024
Source: investbihar

The minimum wage, the student pay rate, and other rates are all subject to the Ontario.ca hourly wage increase of $16.55 per hour in 2024.

Ontario Wage Increase Per Hour 2024

1. The province of Ontario sees a rise in the hourly salary due to inflation.

2. On October 1, 2023, the Ontario Wage Increase Per Hour 2024 to $16.55 went into effect.

3. Following the Ontario.ca Hourly Wage Hike 2024, the minimum wage rate will be $16.55, and it won’t change until September 31, 2024.

4. Students are entitled to a wage rate that differs from that of regular employees.

5. When paying workers for their labor, employers are required to abide by the minimum wage rate.

Accommodations and meals have been planned for, and if the worker receives the minimum pay. 

Based on the rate of indexation, the annual indexation determines adjustments in the minimum wage rate.

The rate is adjusted, and the new rate will go into effect on October 1, 2024, and be published on April 1, 2024. The pay period will be treated as two distinct periods if the minimum wage rate is changed during an employee’s pay period.

The minimal Ontario wage rate of 2024 will be paid to the employees during the specified timeframes. The rate will be in effect from October 1, 2023, until September 30, 2024.

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