An advisory committee’s review on minimum wage in the province was released Thursday by the provincial government.
A news release notes the report outlined two recommendations to be considered:
• That the minimum wage be increased in 2013 to reflect the loss of purchasing power in the minimum wage since 2010. The increase should be preceded by at least six months notice to stakeholders and the public;
• Beginning in 2014, that the minimum wage be adjusted annually based on the previous year’s all-items Consumer Price Index for Newfoundland and Labrador. Adjustments would be announced to the public by Jan. 31 of each year and implemented on May 1 of each year. They would be rounded to the nearest $0.05.
Newfoundland and Labrador has increased its minimum wage from $6 to $10 since 2005, representing a 67 per cent increase.
Darin King, Minister responsible for the Labour Relations Agency, noted the three-member advisory committee was appointed during the summer and solicited public and stakeholder submissions on the minimum wage.
Members of the advisory committee included: Blair Patrick, committee chair; Elaine Price, employee member; and John Peddle, employer member. Nominees for the review committee were solicited from the provincial government, Newfoundland and Labrador Employers’ Council, and the Newfoundland and Labrador Federation of Labour.
“Now that the committee has concluded its work, we will review the committee’s report and recommendations before making a final decision regarding the minimum wage,” King said.
For a copy of the report, visit www.gov.nl.ca/lra/min_wage_review_2012/index.html