A reader and business owner says Saskatchewan increasing its minimum wage means increased costs for employers
. On Oct. 1, we added a dollar to the hourly wage of our minimum wage earners … not that we have many at Wendell Clark’s Classic Bar and Grill in Saskatoon, because we don’t.
But now they’ll earn this extra money, not knowing that they only see 67 cents of this supposed dollar. The government will get the rest. Plus more. Yes, in fact, 42 cents per hour. That’s because the employer must pay extra for the Canada Pension Plan and Employment Insurance matching funds. Then the employer must pay 5.77 per cent vacation pay on the dollar increase — which makes the total $1.15/hour to the employer.
So who is benefiting more with this increase? For our little business in the north end of Saskatoon, this will mean a substantial increase in payroll.to find out what you need to know about how to write one in a way that will increase the odds it will be published.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shoplifter pulled machete at Saskatoon\u0027s Midtown shopping centre, police sayA 37\u002Dyear\u002Dold Saskatoon man was arrested on Avenue C south a short time later.
Read more »
Saskatoon food bank launches \u0027ambitious\u0027 $12M fundraising campaign for new siteThe Saskatoon Food Bank and Learning Centre will be moving to a new location.
Read more »
Tuning in: Playing for the Saskatoon Blades is music to Samuel Barcik\u0027s earsSaskatoon Blades D\u002Dman Samuel Barick, a native of Slovakia, is getting used to a new country, Canada, and new country sounds,
Read more »
Man charged with making death threats, weapons offences in SaskatoonA man has been charged with uttering death threats, possession of a dangerous weapon and carrying a concealed weapon after two incidents.
Read more »
Saskatoon police searching for teen girl missing for more than three monthsKassidy Sawarin, 16, was last seen on June 28, 2023.
Read more »
Three Farmers opens expanded production facility in SaskatoonThe new facility allows the company to produce its chickpea, lentil and fava bean\u002Dbased snacks all under one roof.
Read more »