Loans Canada Launches Free Credit Score Portal And Is Recognized As One Of Canada’s Top Growing Companies
Loans Canada is pleased to announce it placed No. 131 on the 2022 Report on Business ranking of Canada’s Top Growing Companies.
If you work in Nova Scotia, you are entitled to receive a minimum wage rate, with certain exceptions. That means your employer cannot pay you any less than a certain hourly rate in the province.
Every province and territory in Canada has its own minimum wage amount, which is typically adjusted once a year to reflect the increase in cost of living. Minimum wage ensures that workers are able to cover the cost of basic necessities of life, including food and shelter, and help curb poverty among Canadians.
Let’s dig deeper into the minimum wage rate in Nova Scotia and any exceptions that may exist.
As of April 2021, the minimum wage rate in Nova Scotia is $12.95 per hour. That’s an increase from the previous $12.55 from 2020. The minimum wage rate in Nova Scotia typically increases on April 1st of every year and is communicated to the public in January of that same year.
The standard workweek in Nova Scotia is 48 hours. Minimum wage rates are applicable to workweeks that are no longer than 48 hours. That said, certain jobs may have different minimum wage rates applied to them.
The minimum wage rate in Nova Scotia has increased over the years, as shown in the chart below:
|Date||Minimum Wage Rate|
|April 1, 2021||$12.95|
|April 1, 2020||$11.55|
|April 1, 2019||$11.00|
|April 1, 2018||$10.85|
|April 1, 2017||$10.70|
Although there is a general minimum wage rate applicable to workers in the province, there are certain exceptions when it comes to the exact rate paid out. The minimum wage in Nova Scotia is not applicable to workers in the following areas of work:
Generally speaking, there are 3 wage orders, as follows:
Depending on the one you fall under, the rules surrounding minimum wage will vary. At this time, the minimum wage rate for all 3 is $12.95. But the rate could be different among these wage orders in other years.
Starting 04, 2022, federal employees in Nova Scotia can earn $15.55 an hour, instead of $15. This minimum wage rate applies only to workers who are regulated by the federal government, which includes banks workers, postal service workers and other federally regulated corporations.
Piecework is a type of employment setup in which the worker is paid by their production rather than by the hour. Payouts are based on fixed rates for each unit produced or by each action carried out, no matter how much time such activities take to complete.
According to the Minimum Wage Order (General), employers cannot pay employees less for piecework than that worker would have earned at the minimum wage rate for the number of hours worked. However, this rule is not applicable to employees who work on a farm whose work is related directly to growing fruit, vegetables, and tobacco.
Learn more about the differences between a contractor and a payroll employee.
Employers cannot deduct certain items from an employee’s wage if it will lower the wage rate to below the minimum wage. This includes things such as uniform costs. However, the cost of dry cleaning a uniform that is made of wool or other heavy material may be deducted even if it results in the worker’s wages dip below the minimum rate.
There are certain costs that employers may deduct from employees’ wages, including board and lodging as follows:
Is your income not enough to cover your needs? Find out if you qualify for the Canada Workers Benefit.
As mentioned earlier, the standard workweek within a consistent 7-day period in Nova Scotia is 48 hours. Any time worked in excess of 48 hours in one week is considered overtime and is paid at 1.5 times the regular wage rate.
Overtime rates may not be applicable to certain industries that involve irregular working hours and conditions. Further, certain groups of workers have different rules that cover overtime, called “wage orders,” as mentioned above. The overtime paid out in each group is as follows:
Overtime pay may also apply to certain salaried workers, which is calculated by dividing the employee’s salary (per week) by the regular hours worked each week to arrive at the hourly rate. This should be a relatively accurate representation of a typical work week. Overtime can then be calculated by multiplying the hourly rate by the number of overtime hours worked (over and above the 48 hours in the workweek).
Certain types of employees do not get paid overtime pay, including the same employees listed under “minimum wage rate exceptions” above, such as real estate agents and some farm workers.
Are you looking for a job? Try using the Canadian Job Bank.
Minimum wage is established to help ensure that workers are able to pay for food, shelter, and other basic necessities. If you work in Nova Scotia, you’re entitled to be paid a minimum of $12.95 per hour, with certain exceptions.
Rating of 3/5 based on 2 votes.
Borrow up to $50,000 from Fairstone and be automatically entered to win up to $5,000!*
Earn an average 5%¹ cash back at thousands of partners and at least 0.5%² cashback guaranteed.
Build credit while spending money with the Refresh Financial VISA card.
All consultations and conversations with Loans Canada and its partners are confidential and risk-free. Speak with a trusted specialist today and see how we can help you achieve your financial goals faster. Loans Canada and its partners will never ask you for an upfront fee, deposit or insurance payments on a loan. Loans Canada is not a mortgage broker and does not arrange mortgage loans or any other type of financial service.
When you apply for a Loans Canada service, our website simply refers your request to qualified third party providers who can assist you with your search. Loans Canada may receive compensation from the offers shown on its website.
Only provide your information to trusted sources and be aware of online phishing scams and the risks associated with them, including identity theft and financial loss. Nothing on this website constitutes professional and/or financial advice.