Minimum Wage Ontario 2024 – Welcome to the complete guide on Minimum Wage Ontario 2024, where we will explore every detail of the upcoming increase. Understanding the changes in the minimum wage is essential for both employers and employees as the financial environment changes. In this blog, we’ll go over the specifics, giving you a clear picture of how much the minimum wage will rise in Ontario this year. Stay ahead of the curve by understanding the ramifications for your company or personal finances. Dive into the details of Minimum Wage Ontario 2024 with us to ensure you are well-informed and prepared to handle the shifting realities of the workforce.
Minimum Wage Ontario 2024
The minimum wage is the smallest amount of money that an employer is required by law to pay their employees. The province of Ontario has a variety of specialist rates in addition to the basic minimum wage. Specialized rates are established for a specific group of employees.
The Ontario minimum wage increase is visible on the Ontario Government’s official website as well as the minimum wage database.
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Ontario’s Minimum Wage Journey: 2020-2024
In the table given below, we shared the minimum wage Ontario journey in the past 4 years from 2020 to 2024.
| Time-Period | Rate per hour |
| October 1, 2020 – September 30, 2021 | $14.25 per hour |
| October 1, 2021 – December 30, 2021 | $14.35 per hour |
| January 1, 2022 – September 30, 2022 | $15:00 per hour |
| October 1, 2022 – September 30, 2023 | $15.50 per hour |
| October 1, 2023 – September 30, 2024 | $16.55 per hour |
Ontario Minimum Wage Increase
The majority of the employees meet the minimum wage requirements. This wage rate will apply whether they are paid hourly, piece rate, or flat rate and whether they are casual or full-time/part-time employees.
As we all know, the minimum wage in each of Canada’s provinces and territories varies. Most interest rates are linked to the CPI and are modified appropriately. The rise in the Ontario Minimum Wage took effect on October 1, 2024. Effective October 1, 2024, the minimum hourly wage in Ontario has been increased to an estimated 17.60 dollars from $16.55.
Minimum Wage Ontario General:
- The current general minimum wage rates in Ontario apply to most workers.
- The current minimum wage rate for general workers is $16.55 per hour.
- This rate will be applicable from Oct 1, 2023, to Sep 30, 2024.
- Previously, this rate was $15.50 per hour (Oct 1, 2022 – Sep 30, 2023), $15 per hour (Jan 1, 2022, to Sep 30, 2022), and $14.35 per hour (Oct 1, 2021, to Dec 31, 2021).
Minimum Wage Ontario Student under 18:
- This rate applies to eligible student workers in Ontario.
- The current student minimum wage in Ontario is $15.60 per hour.
- Previously, the student minimum wage was $14.60 per hour (Oct 1, 2022 – Sep 30, 2023), $14.10 per hour (Jan 1, 2022, to Sep 30, 2022), and $13.50 per hour (Oct 1, 2021, to Dec 31, 2021).
- The current minimum for students will be applicable up to September 30, 2024.
Minimum Wage Ontario Liquor servers:
- The current minimum wage rate for liquor servers is the same as for general workers i.e. $16.55 per hour.
- This rate will be applicable from Oct 1, 2023, to Sep 30, 2024.
- Therefore, the current minimum wage for the Liquor Servers will be applicable up to September 30, 2024.
Minimum Wage Ontario Hunting, fishing, and wilderness guides:
- The current minimum wage rate for these workers is $82.85 (less than 5 hours a day) and $165.75 (more than 5 hours a day).
- The rules of their rates are different from the general, liquor servers and the students.
- A wilderness guide is usually engaged in hiking/survival training/wildlife viewing/dogsledding/back-country skiing snowshoeing/rock climbing/etc.
Minimum Wage Ontario Homeworkers:
- The current minimum wage rate for homeworkers is $18.20 per hour.
- This rate will be applicable from Oct 1, 2023, to Sep 30, 2024.
- The current minimum for homeworkers will be applicable up to September 30, 2024.
The work that these specialized and general workers conduct, their applicable minimum wage, past earnings, and so on are all available on the Ontario Government’s website.
There are some extra rules for commission workers, such as the provision of accommodation and board and the three-hour limit. Each of these guidelines applies differently in different contexts and to different types of workers.
Employers can consider providing room and board to ensure that employees are paid the exact applicable minimum wage. Only if the worker has inhabited the accommodation and received meals will this be considered wage.
The amount that an employer should bear is –
| Room | 31.70 dollars (private) | 15.85 dollars (non-private) |
| Meals | 2.55 dollars (each meal) | 53.55 dollars (weekly maximum) |
| Rooms and Meals (Weekly) | 85.25 dollars (with a private room) | 69.40 dollars (with a non-private room) 53.55 (non-private for domestic workers) |
| Harvest worker’s weekly housing | 99.35 dollars (service housing) | 73.30 dollars (unserviced housing) |
When will the Minimum Wage Increase in 2024?
In Ontario, the minimum wage is indexed annually. The inflation rate is used to calculate this annual indexation. If the minimum wage is raised, it will be announced on or before April 1. It will not, however, take effect until October 1.
So, if the government decides to raise the minimum wage in 2024, it will most likely take effect on October 1, 2024. If the minimum wage changes between a worker’s pay periods, it will be treated as two different pay periods. As a result, the workers will be paid the applicable minimum wage.
With the rise to 16.55 dollars per hour, many workers in Ontario are now earning more money. With the latest hike, Ontario now has one of the highest minimum wage rates in Canada.
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