Increase In Ontario's Cost of Living Tied to Minimum Wage Increase
808 WordsJul 13, 20184 Pages
Should increases to Ontario’s minimum wage be tied to the cost of living?
Minimum wage is something that maintains the stability of a states economy. Minimum wage is regulated by the provincial government where the most minor of changes creates an exponential ripple effect through both local and international economies. A minimum wage is the wage that is able to provide not only for bare physical needs but also for preservation of efficiency of workers plus some measure of education, health and other things. Like it’s stated above, minimum wage has ties to many other things other than income, such as: education, healthcare, economic statuses and stability, worker efficiency and overall family life. Cost of living is…show more content…
The student hourly wage is presently $9.60/hour and is set to increase to $10.30/hour on June 1st, 2014. Liquor servers’ minimum wage is the hourly rate, which applies to employees who directly serve liquor to customers or guests in licensed premises as a regular part of their work. Licensed premises are businesses, which have been issued a license or permit issued under the Liquor License Act, which allows an establishment to serve liquor. Liquor servers presently make $8.90/hour and as of June 1st, 2014, $9.55. Hunting and fishing guides minimum wage are based on blocks of time instead of by the hour. They get a minimum amount for working less than five consecutive hours in a day, and a different amount for working five hours or more in a day- whether or not the hours are consecutive. The hourly rate for working less than five consecutive hours is presently $51.25 and will be raised to $55.00 as of June 1st, 2014. The hourly wage for working five or more hours whether it is consecutive or not is presently $102.50 and will also be soon raised to $110.00 as of June 1st, 2014. Homeworkers wage are hourly wages paid to employees who do paid work in their own homes. For example: sew clothes for a clothing manufacturer or write software for a high-tech company. The hourly wage is presently set at $11.28/hour but is soon set to change to $12.10 as of June 1st, 2014. Cost of Living is the