![Good News! Wages Rises for Salaried and Hourly employees 1 Good News Wages Rises for Salaried and Hourly employees](https://www.tc-ww.com/wp-content/uploads/2023/05/Good-News-Wages-Rises-for-Salaried-and-Hourly-employees.webp)
According to recently released Statistics Canada (StatsCan) data, wages rises for salaried and hourly employees in Canada will see an increase in average hourly wages in February 2023. Between January and February 2023, salaries for salaried employees increased countrywide on a monthly basis from $42.37 to $42.58 on average. The same is valid for those who are paid hourly, whose average pay increased from $29.25 to $29.44. This will motivate immigrants to move to Canada.
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Note: Both changes in average hourly pay take into account overtime hours.
Wages Rises for Salaried and Hourly employees are an expansion of current patterns. Salaried workers in Canada have now had hourly wage increases for six straight months, and hourly workers have experienced wage increases for eight consecutive months.
Average hourly pay for salaried workers in each province and territory
The following table outlines how average hourly wages have changed for hourly-paid employees in each province between January 2023 and February 2023.
Province | January 2023 | February 2023 |
Alberta | $30.57 | $31.00 |
British Columbia | $29.94 | $30.34 |
Manitoba | $28.02 | $27.98 |
New Brunswick | $27.16 | $26.85 |
Newfoundland and Labrador | $28.77 | $28.45 |
Northwest Territories | $41.37 | $41.93 |
Nova Scotia | $26.05 | $25.99 |
Nunavut | $38.59 | $38.68 |
Ontario | $28.71 | $28.84 |
Prince Edward Island | $24.51 | $24.89 |
Quebec | $29.76 | $29.81 |
Saskatchewan | $28.70 | $29.28 |
Yukon | $32.09 | $32.82 |
The Advantages of Hourly Pay
You are paid for overtime
According to the Canada Labour Code, a company is required to pay overtime to an employee after 8 hours in a day or 40 hours in a week. If your usual hourly rate is $20.00 per hour, your overtime rate will be $30.00 per hour since they compute overtime at one and a half times your regular hourly rate.
For statutory holidays, you get paid
Employers have the option of offering employees a paid day off at their regular hourly rate or making them work that day. For instance, if an employee works on a legal holiday, they get paid 1.5 to 2.5 times their regular hourly rate.
You have more flexibility
Hourly jobs can be full- or part-time, giving you additional scheduling freedom depending on the position and organization. If you are employed full-time on an hourly basis, you can decline to work overtime in order to pursue interests outside of work.
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