Effective October 1, 2015, Saskatchewan’s minimum wage will increase by 30 cents to $10.50 per hour.
This year’s change to the minimum wage is the first under Saskatchewan’s new minimum wage indexation formula. The minimum wage rate is calculated using changes in the Consumer Price Index (CPI) and the Average Hourly Wage in Saskatchewan for the previous year. This new approach is consistent with RCC’s position on future changes to the minimum wage and should ensure predictability for business owners in the province.
Also beginning this year, changes to Saskatchewan’s minimum wage must be announced on or before June 30th of each year and will take effect on October 1st of the same year to provide employers with adequate time to plan for the change.
Information on Saskatchewan’s minimum wage can be found here.
If you have any questions or concerns, please don’t hesitate to contact: Lanny McInnes, Director - Government Relations (Prairies) at: [email protected] or 204-253-1654