The NDP Government has announced increases to the minimum
wage today as a step forward to providing a living wage that will
assist working families and young people participate in our prosperous
economy.
The increase will take place in three stages that will
see the minimum wage move to $8.25 per hour on January 1, 2008, to
$8.60 on May 1, 2008 and to $9.25 per hour on May 1, 2009. The minimum
call out pay, which is three times the level of the minimum wage, will
also increase accordingly.
An adjustment will also be made to
minimum wage in 2010 to bring the minimum wage to the Low Income
Cut-off (LICO). Along with this increase, legislation will be
introduced that permits the minimum wage to be indexed in future years
annually on May 1, to the consumer price index. Indexing the minimum
wage beginning in 2010 will ensure that minimum wage workers are able
to maintain a standard of living equivalent to the LICO.
"Raising
the minimum wage is one way low-income individuals and families will
have a better standard of living and an opportunity to build a better
future," NDP Labour Minister David Forbes said. "As our economy grows and
prospers it is important that all Saskatchewan residents benefit."
There are approximately 12,400 minimum wage earners in Saskatchewan.
The
increase in the minimum wage follows a review by the Minimum Wage
Board. The Board is required by legislation to review the minimum wage
at least every two years.