After May 31st, all provinces and territories will experience an increase in the median hourly pay. Are you interested in learning about the current hourly wage in Canada in 2023? Furthermore, dive into this comprehensive article to explore the latest trends and factors influencing the wages of workers.

Hourly Wage Increase in Canada

Canadian employers use the provincial and territory median hourly wages to determine the requirements for the Temporary Foreign Worker Program (TFWP). Employers must file for a Labor Market Impact Assessment (LMIA) based on the stream for either high-wage or low-wage roles. This has specific requirements determined by the position’s location and employee’s pay.

 

Low-wage workers are those whose salary is below the provincial or territorial median. And high-wage workers are those whose income is at or above the median. Whereas, hourly prices for seasoned workers can range from $50 to $150, depending on the aforementioned variables. Although, it is crucial to remember that costs might vary widely depending on the particulars of each case.

Effect on the Temporary Foreign Worker Program (TFWP)

The TFWP (Temporary Foreign Worker Program) entitles Canadian employers to hire foreign employees to fill obtainable vacancies. Additionally, the Labor Market Impact Assessment (LMIA), is a labor market test run by the Canadian government. It is mandated for employers looking to fill positions under the TFWP.

According to the LMIA, the hiring of a foreign worker by the company will have a positive or neutral impact on the Canadian labor market. An LMIA and a temporary work permit will require before a foreign national can start working for a Canadian employer through the TFWP.

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Obligations of Employers with Low-Wage Workers

You must submit transition plans with the LMIA that show how you expect to gradually reduce your reliance on foreign labor if you want to hire a high-paying employee. The guarantee that competent Canadians will give preference for available posts achieve through this surely.

If you want to hire a low-wage worker, the LMIA transition plan requirement is not necessary. Rather, the Canadian administration places a cap on the number of low-wage employees that an industry may employ to restrict access to the TFWP.

Employers who pay less than the median salary in their province or territory must:

● Pay for the round-trip transport of the interim foreign worker;

● Ensure that affordable housing is available;

● Pay for private health insurance until staff are eligible for provincial health coverage;

Registration and Review Process

The provincial or territorial workplace safety board should obtain a temporary foreign workers registration as well as a contract between the employer and the employee. The application should next examine by Employment and Social Development Canada (ESDC), who will bring around that no qualifying Canadians are enacting in favor of the foreign worker.

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