what is minimum wage in nl

what is minimum wage in nl

1 year ago 56
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As of October 1, 2023, the minimum wage in Newfoundland and Labrador is $15.00 per hour. The government adjusts the amount of the minimum wage twice a year, on January 1 and July 1, in line with changes in average collectively agreed wages in the Netherlands. The minimum wage is lower if you are under 21 years old. The law does not lay down an hourly minimum wage because the number of hours in a working week can differ from one business to another. The law lays down a minimum monthly wage for everyone in full-time employment. The amounts of the minimum wage are for a full working week, and the law does not lay down net amounts. The amounts stated for the hourly minimum wage are gross amounts, and the net amount you receive will depend on the taxes and social insurance contributions withheld from your wage.

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