Government Introduces Support Program for Small Employers as Minimum Wage Increases

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Government Introduces Support Program for Small Employers as Minimum Wage Increases
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A transitional support program is now in place for small employers as the provincial minimum wage increases. M...

A transitional support program is now in place for small employers as the provincial minimum wage increases.

Minimum wage in Newfoundland and Labrador has increased by 50 cents to $13.70 today. Another 80-cent increase is due On April 1, 2023, bringing the rate to $14.50 per hour.The provincial government will provide short-term financial assistance to employers with 20 employees or fewer who work at minimum wage.

To match the 50-cent increase, the program will provide 50 cents per hour for hours worked from now to September 30, 2023. Two payments will be issued to employers with 80 percent being issued up-front and the remaining 20 percent being issued at the end of the covering period.Applications for the program, along with all documentation must be

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