New labour laws - $15/hour min - 3 weeks vacation

[rhuarc29]

Surprised there's not already a thread on this:

http://www.torontosun.com/2017/05/29/province-to-raise-minimum-wage-update-labour-laws-tuesday-wynne

Main points seem to be:
•$15/hour minimum wage by 2019
•3 weeks paid vacation for employees of 5 years or more
•10 mandated emergency leave days, two of them paid
•Equal pay for part time workers as full time workers [not sure what this means]
•3 hours pay for shift work cancelled within 48 hours of shift

As 30% of Ontario employees make less than $15/hour, this is a major change even before the other items. Add in those items and you have a radical overhaul!
Thoughts?

 

[danmand]

Not a moment too soon.

 

[canada-man]

Ontario cannot afford this

 

[HAMSTER INSPECTOR]

If you ask any economist if this is a good idea, they will tell you it is not. To leap so far and so fast will have disastrous consequences on the economy of the province and the nation. Many small businesses that are struggling will go under if the min. wage is raised beyond what it is in other provinces. I have doubts if this raise is even feasible. It may be just a political promise made to get the government re-elected next year, then the promise will be shelved until the following election and if re-elected the min wage will be implemented down the road.

It sounds like pie in the sky politics to me.

 

[FAST]

Surprised there's not already a thread on this:

http://www.torontosun.com/2017/05/29/province-to-raise-minimum-wage-update-labour-laws-tuesday-wynne

Main points seem to be:
•$15/hour minimum wage by 2019
•3 weeks paid vacation for employees of 5 years or more
•10 mandated emergency leave days, two of them paid
•Equal pay for part time workers as full time workers [not sure what this means]
•3 hours pay for shift work cancelled within 48 hours of shift

As 30% of Ontario employees make less than $15/hour, this is a major change even before the other items. Add in those items and you have a radical overhaul!
Thoughts?

I don't understand what the problem is,...the government prints money everyday to pay for idiocy it can't afford,...

OH shit,...but this is private enterprise, were wealth is created from profits,...well good bye profits,...good bye private enterprise,...and the taxes collected from same,...but who cares,...right.

We already had a feeling that the looney left considers profit a dirty word,...this only confirms their stupididty

 

[rhuarc29]

If you ask any economist if this is a good idea, they will tell you it is not. To leap so far and so fast will have disastrous consequences on the economy of the province and the nation. Many small businesses that are struggling will go under if the min. wage is raised beyond what it is in other provinces. I have doubts if this raise is even feasible. It may be just a political promise made to get the government re-elected next year, then the promise will be shelved until the following election and if re-elected the min wage will be implemented down the road.

It sounds like pie in the sky politics to me.

I hope it really is just a ploy. But here's its implication. I was considering extended employee benefits starting in 2018. Guess what's not happening now in 2018!
That said, all my employees make more than $15/hour...it's the added week of vacation and the 2-days paid emergency leave that pisses me off personally.
But beyond that, everything's about to get a lot more expensive. Plus, it makes us a lot less competitive at a time when Trump may take the States in the opposite direction.

 

[tombrady12]

3 weeks of vacation after 5 years of service should be seen by business owners as an incentive to retain valued employees. My company starts at 3 weeks vacation, and goes to 4 weeks after 5 years of service. I know that LCBO and The Beer Store have a large disparity in wages between P/T and F/T employees. It will be interesting to see how they handle this (assuming that it sees the light of day).

 

[GameBoy27]

Not a moment too soon.

Careful what you wish for. Many small businesses are already being nickeled and dimed to death in the Province of Ontario. Look at the increase in hydro rates alone which have doubled in the past few years alone. You think small businesses are making record profits? This could backfire by forcing businesses to close or reducing the number of employees and/or their hours.

I heard Wynne's government hasn't even studied the impact this will have on small to medium size businesses before making this announcement. They're talking a 33% wage increase over two years. That's huge and when you combine the increases in EI and CPP fees, it could be detrimental.

Her ship is sinking and she's just throwing out life preservers.

 

[rhuarc29]

Careful what you wish for. Many small businesses are already being nickeled and dimed to death in the Province of Ontario. Look at the increase in hydro rates alone which have doubled in the past few years alone. You think small businesses are making record profits? This could backfire by forcing businesses to close or reducing the number of employees and/or their hours.

I heard Wynne's government hasn't even studied the impact this will have on small to medium size businesses before making this announcement. They're talking a 33% wage increase over two years. That's huge and when you combine the increases in EI and CPP fees, it could be detrimental.

Her ship is sinking and she's just throwing out life preservers.

Well, it's a good thing she's doing the basic income experiment, because she's guaranteeing there's going to be quite a few people in need of it. Unfortunately, the tax base that would pay for that program is going to shrink, so....
This is what you call a death spiral.

 

[jcpro]

What will this mean? Fewer jobs, pressure to automate, less overtime, pressure to squeeze extra efficiency from existing positions, higher prices across the board. As usual, the people that this is designed to help will suffer the most. Sounds good to the economically oblivious, among us.

 

[sanderson3d]

I'm a SBO. About 25 staff between part time and full time.
So I say this knowing how hard shit can be.

Adapt or die!

Minimum Wage goes up increase your prices.

You now have 6 months to get your house in order.

PS. Yes, mat leave, vacations days and 10 days of emergency leave are going to be hard to deal with. But....increase your prices.

 

[ets2361]

All it will do is add to inflation. If companies have to pay higher wages they will just pass it on to the consumer. You think McDonalds wont raise the price of a burger now that they will have to pay $3 an hour more to staff. It wont help the poor at all since the bang for their buck will simply fade away with the higher prices.

 

[Mr. Piggy]

That stupid cunt needs to be stopped. How fucking brain dead can Wynne be. I'm sure it's just a tactic to get re elected next year so the liberals can totally destroy Ontario to a point of no return. Look what they did in the last budget by making prescriptions free for those under 24.

 

[canada-man]

expect more "experience required" in minimum wage jobs that don't require training

 

[Carvher]

The problem with manufacturers are that our products or the products our stuff goes into are shipped all over the world. We are in constant competition with our global competition. If they are not putting up wages then we can no longer compete. My company will have to actively outsource almost everything now or we lose the business because most of our customers WILL NOT ACCEPT PRICE INCREASES! she is by far the most dangerous politician we have had. What makes her so is her ignorance. She actually thinks this is going to be good for the economy.

 

[Twister]

Will she be around to implement it...?

 

[canada-man]

Wynne's government have low approval rate.

 

[Keebler Elf]

If you ask any economist if this is a good idea, they will tell you it is not.

If you ask any unbiased economist who isn't a hack, they will not tell you that. They will tell you that Yes there will be a negative impact on jobs/hiring (particularly by small businesses), but there will also be a positive impact on the economy from putting more money into low income people who will end up spending all that money back into the economy (vs. the wealthy who have a greater tendency to squirrel it away into savings).

A real economist who isn't in the pocket of a particular faction will tell you that what the net impact will be is very difficult to say and depends to a large extent on your view of how people will behave.

If economists could predict the net outcome with the certainty with which you seem to believe they have, our economy would be a utopia.

 

[Indiana]

Prices will need to go up.
MW earners will net out.
The rest of us will pay the price.

 

[explorerzip]

It's a start, but I think more attention needs to put on the high cost of living particularly in big cities. Affordable rental housing (not even social housing) is near impossible to find, cost of hydro, and food is going up.