Two Minimum Wage Increases Set for 2024
What is a minimum wage order?
The Minimum Wage Order sets wage rates. A wage rate is the amount of money an employer pays an employee for each hour of work. The Minimum Wage Order sets the minimum wage rate, which is the least amount of money an employer must pay an employee for each hour of work. The order also sets employment standards for the cost of board, lodging and meals.
The minimum wage rate for all employees in 2024 shall be as follows:
April 1, 2024: $15.40
October 1, 2024: $16.00
For further information and to read the PEI Employment Standards Minimum Wage Review Report, visit Government of Prince Edward Island
