The Manitoba authorities has launched the Minimal Wage Adjustment Act, which might elevate the minimal hourly wage to $14.15 on April 1, 2023, because the second part of a plan to additional enhance the minimal wage to $15 on Oct. 1, 2023, Labour, Shopper Safety and Authorities Providers Minister Reg Helwer introduced at this time.
“Terribly excessive inflation in latest months has made it more and more troublesome for Manitoba households to make ends meet,” mentioned Helwer. “This phased-in method to elevating the minimal wage would assist relieve a few of the financial pressures on Manitoba staff whereas lessening the affect on small companies’ backside traces as a lot as potential.”
This previous summer time, due to uncommon financial circumstances throughout the COVID-19 pandemic, the Manitoba authorities handed amendments to the Employment Requirements Code to permit minimal wage will increase above the speed of inflation when inflation as measured by the Shopper Worth Index (CPI) exceeds 5 per cent within the first quarter of a calendar 12 months.
The provincial hourly minimal wage was raised on Oct. 1 to $13.50 from $11.95 after authorities consultations with labour teams and companies. By means of this new invoice, the Manitoba authorities plans an additional enhance to the minimal wage of 65 cents on April 1, 2023, to boost it to $14.15, Helwer famous.
In August, the Manitoba authorities dedicated to elevating the minimal wage to roughly $15 by Oct. 1, 2023. That is anticipated attributable to one other often anticipated enhance based mostly on the CPI.
“This enhance to the minimal wage would help lower-income Manitobans in coping with the present financial realities as applicable and essential,” mentioned Helwer. ”We are going to proceed to tie the wage to financial indicators, and on this approach keep buying energy, stability and predictability for employers.”
The most recent minimal wage adjustments observe suggestions made by the provincial Labour Administration Evaluation Committee this previous summer time, Helwer famous.
Info on Manitoba’s minimal wage and different employment requirements is accessible at www.gov.mb.ca/labour/requirements/.
(Province of MB Information Launch)
