New Brunswick's Minimum Wage Increase

is minimum wage going up in new brunswick

The minimum wage in New Brunswick, Canada, has been on the rise in recent years. In 2023, the province saw a $1 increase in its standard and student minimum wage, bringing it to $14.75 per hour. This was the third $1 increase in the province within a year. In 2024, the minimum wage in New Brunswick rose again to $15.30 per hour. This increase was influenced by the consumer price index, which grew by 3.6% in the previous year. While the provincial government cites protection from inflation as a benefit of these increases, critics argue that the wage still falls short of a living wage, which is estimated to be around $20 per hour.

Characteristics Values
Date of the last minimum wage increase 1st of April 2024
Previous minimum wage $14.75 per hour
Current minimum wage $15.30 per hour
Previous minimum overtime wage $22.13 per hour
Current minimum overtime wage $22.95 per hour
Minimum wage in 2023 $14.75 per hour
Minimum wage in 2022 $12.75 per hour
Minimum wage in 2021 $11.75 per hour
Minimum wage in 2020 $11.70 per hour
Minimum wage in 2019 $11.50 per hour
Minimum wage in 2018 $11.25 per hour
Minimum wage in 2016 $10.30 per hour

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The minimum wage in New Brunswick rose to $15.30 per hour from $14.75 on April 1, 2024

The minimum wage in New Brunswick has seen a steady increase over the past few years. On April 1, 2024, the provincial minimum wage rose to $15.30 per hour, an increase of 55 cents from the previous rate of $14.75. This is the third $1 increase in the past year, with the minimum wage having risen from $13.75 in April 2023. The New Brunswick government bases these increases on the consumer price index, which grew by 3.6% in 2023.

While the minimum wage increase is good news for employees, it poses challenges for small businesses. The rise in labour costs adds to their expenses, and some struggle to keep up with larger corporations that can more easily absorb the higher wages. Nevertheless, the government's attention to minimum wage increases has made New Brunswick competitive within Atlantic Canada.

It is important to note that the minimum wage in New Brunswick does not apply to all industries or employee categories. Special minimum wage rates are set for certain employees, such as those in government construction work and staff at residential summer camps. Additionally, the minimum wage only applies to hourly workers, and some employees may be exempt from this standard, such as those with fluctuating working hours.

The minimum wage in New Brunswick is expected to remain at $14.75 per hour until October 1, 2024, when it will increase to $15.25. This incremental approach to raising the minimum wage aims to protect earners from inflation and help businesses prepare for future increases.

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The minimum wage in New Brunswick has increased annually since 2016

1 April 2023: $14.75

1 October 2022: $13.75

1 April 2022: $12.75

1 April 2021: $11.75

1 April 2020: $11.70

1 April 2019: $11.50

1 April 2018: $11.25

The minimum wage in New Brunswick rose from $13.75 per hour to $14.75 per hour on 1 April 2023. This was an increase of $1 per hour. The minimum wage window is raised by the authorities every year, which is good news for the province's 5% of employees who earn the minimum wage.

The minimum wage in New Brunswick increased again on 1 April 2024 to $15.30 per hour. This is the current minimum wage.

In New Brunswick, all employers are expected to pay their employees at least the minimum wage for every hour worked. This includes salaried employees, those who receive tips, and piece workers.

Certain employees do not fall under the regular minimum wage rules, but a special minimum wage rate has been set for them. This includes staff at residential summer camps, counsellors, and government employees in construction work. These workers do not have fixed working hours, so they are not considered under the minimum wage category.

The minimum overtime pay is 1.5 times the minimum wage, which was $22.13 per hour as of 1 April 2023.

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The New Brunswick government says the consumer price index influences any increases

The minimum wage in New Brunswick has been on a constant rise since 2016, with the provincial government increasing the rate annually. The latest increase came into effect on April 1, 2024, when the minimum wage rose to $15.30 per hour from $14.75. This is in line with the government's practice of reviewing and adjusting the minimum wage based on the Consumer Price Index (CPI).

The CPI is a statistical tool used to measure the change in prices over time for a fixed basket of goods and services. It serves as an indicator of inflation and the cost of living in a particular region. The Bank of Canada, the country's central bank, uses the CPI as one of the key indicators when making monetary policy decisions, including setting interest rates.

The CPI in New Brunswick for 2022 was 152.1. While the CPI for 2024 is not yet available, the inflation rate for January 2024 showed a decrease of 0.3% month-over-month and an increase of 2.9% year-over-year. This data is essential for the provincial government to consider when determining the appropriate level for the minimum wage.

While the minimum wage increase provides a boost for hourly workers, some critics argue that it falls short of ensuring a living wage for the most vulnerable. Robert MacKay, a project manager with the New Brunswick Common Front for Social Justice, stated that a living wage to sustain a minimal and decent life is around $20 per hour or slightly higher. On the other hand, business owners, especially those from small enterprises, may struggle to keep up with the minimum wage hikes, giving an advantage to larger corporations.

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The minimum wage in New Brunswick is the lowest wage an employer can legally pay their employees

The minimum wage in New Brunswick is indexed to the previous year's consumer price index, which grew by 3.6% in 2023. The consumer price index influences any increases in the minimum wage. While the increase is good news for employees, some argue that it still falls short of helping the most vulnerable. The Common Front for Social Justice in New Brunswick claims that the increase leaves a large gap between what individuals need to afford basic necessities such as food and shelter. They assert that a living wage in the province is currently above $20 per hour.

The minimum wage in New Brunswick applies to all employees who are paid by the hour, including those working on salaries, workers who receive tips, and piece workers. However, certain categories of employees, such as those in government construction work and counsellors and program staff at residential summer camps, are subject to special minimum wage rates. These exceptions are made because these workers do not have fixed working hours, and their working hours fluctuate depending on their duties.

Employers in New Brunswick are required to compensate employees for all overtime hours worked at a rate of one-and-a-half times the minimum wage. As of April 1, 2024, the minimum overtime wage rate in the province is $22.95 per hour. Additionally, if an employer asks an employee to report to work, they must pay the employee for a minimum of three hours at either the minimum wage or the minimum overtime rate, whichever is higher.

The minimum wage in New Brunswick is subject to annual review and adjustment based on the Consumer Price Index. The provincial government has implemented predictable minimum wage increases to protect earners from inflation and help businesses prepare for any changes.

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The minimum wage in New Brunswick applies to all workers paid by salary, commission and for piece work

The minimum wage in New Brunswick is currently $15.30 per hour, up from $14.75 in 2023. This applies to all workers, including those paid by salary, commission, and piece work. This means that employers must pay these workers at least $15.30 for each hour of labour they perform.

The minimum wage in New Brunswick is set by the provincial government and applies to most workers in the province. However, there are some exceptions to these regulations. For example, federally regulated employees, such as those working in the banking or postal industry, are entitled to the federal minimum wage of $17.30 per hour. Similarly, construction workers and counsellors or program staff at residential summer camps may also have different minimum wage rules.

In addition to the minimum wage, employers in New Brunswick must also comply with overtime and holiday pay regulations. Overtime pay is required when employees work more than 44 hours during a single week, and it is set at 1.5 times the employee's regular wage. For holiday pay, employees must work at the same job for at least 90 days within the past 12 months to be eligible.

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Frequently asked questions

As of April 1, 2024, the minimum wage in New Brunswick is $15.30 per hour, up from $14.75.

The minimum wage in New Brunswick in 2023 was $14.75 per hour, up from $13.75 the previous year.

The minimum wage in New Brunswick is indexed to the previous year's consumer price index, which grew by 3.6% in 2023.

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