Minimum Wage In Ontario 2024. The minimum wage in ontario saw its first increase of 2024 on october 1, 2023, rising from $16.50 (the rate before 2022) to $16.55 per hour. 1 increase is tied to inflation and is a boost of 3.9 per cent from the current.
Effective october 1, 2024, ontario will increase its minimum wage from $16.55 to $17.20 per hour, following the annual inflation adjustment. Current minimum wage (as of april, 2024):
Hence, The Rate In Effect Before.
The minimum wage rate is increased on may 1 each year.
$15.60 Per Hour (As Of.
As of april 2024, the existing student minimum wage in ontario stands at $15.60 per hour, applying to students under 18 working 28 hours or less per week.
Minimum Wage In Ontario 2024 Images References :
To Calculate Annual Salary Based On Minimum Wage, Multiply The Hourly Rate By.
Minimum wage revisions usually occur in october.
$15.60 Per Hour (As Of.
Multiply the minimum wage rate by your average weekly hours.
