September 30, 2014
The following is being distributed at the request of the Labour Relations Agency:
Sound Decisions Support Families and Communities
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.
- 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.
Director of Communications
2014 09 30 3:40 p.m.