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Calculation of the minimum annual British Columbia, BC salary in 2024

Annual salary calculator for the minimum wage in British Columbia, BC for 2024

This calculator provides an overview of the annual minimum wage for workers in British Columbia, BC excluding the compensation of days off and holidays (thus the annual hours worked)

To calculate only the minimum annual salary including holidays, simply indicate 0 in the field "Holiday + Statutory weeks"

- = x =

List of minimum wage in BC

Type of minimum wageAmount Jan 1st to May 31st 2024Amount June 1, 2024 to Dec 31 2024
General minimum wage15,65$/hour16.75$/hour
Liquor server15,65$/hour16.75$/hour
Live-in home support 116.68$/day or 4,8617$/hour**124.73$/day or 5,1971$/hour**
Live-in camp leaders125.06$/day or 5,2108$/hour**133.69$/day or 5,5704$/hour**
Resident Caretakers (9 to 60 suites)937.82$ + 37.58$/unit / month or 215,827$ + 8,6485$/unit / week1,002.53$ + 40,17$/unit / month or 230,72$ + 9,24$/unit / week
Resident Caretakers (60+ suites)3,194.43$/month or 735,156$/week3414,85$/month or 785,883$/week

Formula for calculating the minimum annual salary


Hours per week x ( 52 weeks per year - (Holiday + Statutory weeks) ) x hourly wages = Annual Salary

For Residents Caretakers

Residence between 9 and 60 suites

(Weekly base salary + (Unit per week * Number of units) ) x ( 52 weeks per year - (Holiday + Statutory weeks) ) = Annual minimum Salary

Residence over 60 suites

Weekly base salary x ( 52 weeks per year - (Holiday + Statutory weeks) ) = Annual minimum Salary

Formula for calculating the minimum average salary over a year


(Rate 1 wage x number of month at rate 1 / 12 (months pear year)) + (Rate 2 wage x number of month at rate 2 / 12 (months pear year)) = Average minimum wage

Exemple

Take the 2021 general minimum wage of 14.60$ (january to may = 5 months) and 15.20$ (june to december = 7 months).

(14.60 x 5 / 12) + (15.20 x 7 / 12) = Average minimum wage
6,083333333 + 8,86666667 = 14,95$/hour

Calculation example

Take for example a minimum wage worker in 2024 that works 35,8 hours per week, 5 weeks and 5 vacations holidays (for a total of 6 holiday weeks).

35,8 hours per week x (52 weeks per year - (6 Holiday + Statutory weeks)) =1646.8 hours of work per year

Multiply Hours (1646.8) by the minimum wage in 2020 ($ 14.95 / hour (average estimated in the previous shown formula) = =24 619.66$ in minimum salary per year

Minimum wage increase in British Columbia, BC

According to statistics the minimum wage saw an increase in the general rate of about 1675% from january 1st 1965 (1$) to january 1st 2024 (16.75$).

The increase of the minimum wage in British Columbia, BC has been fixed on june 1st since 2018.

.65

*Based on 4,34524 weeks per month. (365 days / 12 months / 7 days = 4,34524)
**Based on 24 hours/day

To get the appropriate amount for your situation, you can consult the minimum wage page of BC government.

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