Province announces increase to minimum wage effective April 1
The province has announced a $0.35 increase to the minimum wage, in accordance with Newfoundland and Labrador’s Labour Standards Regulations.
Effective April 1, minimum wage will increase to $16.35 an hour, with the minimum overtime wage rate rising to $24.53 an hour.
The adjustment is based on changes to the national Consumer Price Index and is required under the Labour Standards Regulations. Minimum wage rates are adjusted each year on April 1.
“Raising the minimum wage helps to ease the financial pressures facing workers, while giving employers the predictability they need to plan and grow their businesses,” says Mike Goosney, Minister of Labour. “Ongoing dialogue is essential and progress happens best when we work together.”