The minimum wage recently increased to $10.25/hour as of March 31st, 2010 in order to aid low income families within rising costs to Canadian living.
Looking in the past 15 years, minimum wage requirements increased from $6.85 to $10.25 where the province implemented increases every 2nd – 3rd year hiking over what most would see in an annual appraisal.
Increasing from $6.85; $7.15; $8.65; and now $10.25, is this helping low income families? Is there a chance for job loss in Canada to deal with a nearly $2/hour hike?
I personally think it’s great to increase the minimum wage so that hard working families can reap as much benefit as possible during this harsh economic climate. My concern is that the minimum wage is streamlined from anyone that is 18 years and older with a SIN Card. Is there a job evaluation analysis that is looking at the jobs of temps, security guards, and waiters suggesting that on the point system, their jobs require equal effort and qualification? Should everyone in a minimum wage job, receive an increase?
The only reason why I ask is because this particular increase is quite large, no? $8.65 to $10.25/hr is nearly a 20% increase which is an impressive increase.
Supposedly I’m self reflecting that when I worked as a student for minimum wage (actually just over, but not significantly), and if I earned $10.25/hour instead, I don’t think I would have deserved it then.
My hope is that it’s going to those that truly need and deserve it, where there lives can improve their quality life.
Your comments are most welcome as usual.
Thanks for reading,