Information for Employers
Employers are required by law to increase wages by the dates set out in the following timeline:
- June 1, 2018 will increase by $1.30 to $12.65
- June 1, 2019 will increase by $1.20 to $13.85
- June 1, 2020 will increase by $0.75 to $14.60
- June 1, 2021 will increase by $0.60 to $15.20
The hourly minimum wage is the same for adults and young people. Some professions have a separate minimum wage, such as farm workers, live-in home support workers, liquor servers, resident caretakers, and live-in camp leaders. The Fair Wages Commission is developing recommendations on raising the minimum wage rates for these groups as well.
Are there any subsidies available to help me absorb the cost of raising wages?
Measured and predictable wage increases over four years allow employers time to plan and absorb additional labour costs.
While there are currently no minimum-wage related subsidies, B.C. businesses are seeing savings through recent tax cuts, such as the 20% reduction in the small-business corporate income tax rate, and the 50% cut to Provincial Sales Tax (PST) on non-residential electricity, a tax that will be eliminated by April 1, 2019.
Tax and accounting advice is available through Small Business BC.
Additional business resources are available on the Business Resources page.