Minimum Wage Increase Takes Effect October 1

Written by on September 30, 2014

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Minimum Wage Increase Takes Effect October 1

 

Effective tomorrow (Wednesday, October 1), the provincial minimum wage will increase by 25 cents to $10.25 per hour.  An additional 25 cent increase will take place October 1, 2015.

 

“These increases are consistent with the Provincial Government’s progressive approach to a fair minimum wage to benefit many lower income earners in Newfoundland and Labrador while considering the ability of employers to pay these wages to their employees.”

– The Honourable Tony Cornect, Minister Responsible for the Labour Relations Agency.

 

The province expects to conduct a further review of the minimum wage in 2015.

 

QUICK FACTS

  • The provincial minimum wage will increase by 25 cents to $10.25 per hour on October 1, 2014, to be followed by another 25 cent increase on October 1, 2015.
  • The minimum overtime wage rate will continue to be fixed at 1.5 times the minimum wage, rounded to the nearest cent.
  • By October 1, 2015, the minimum wage rate in the province will have increased by 75 per cent in 10 years.

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