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Calculation of the minimum annual Ontario salary in 2020

Annual salary calculator for the minimum wage in Ontario for 2020

This calculator provides an overview of the annual minimum wage for workers in Ontario 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"

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Minimum wage rates list in Ontario for 2020

Type of minimum wageAmount Jan 1st to September 30 2020
General minimum wage14$/hour
Student minimum wage13.15$/hour
Liquor Servers Minimum Wage12.20$/hour
Homeworkers Wage15.40$/hour

For 2018 (until september 30 2020) the province of Ontario as decided to make an increase in the minimum wage of 2.40$ over 2017, from 11.60$ to 14$ per hour.

The category of fishing and hunting guides is not considered in this calculator as it is very specific.

To get the appropriate amount for your job category, you can visit the minimum wage rate page of Ontario.

If you are a server and would like to know the salary you should have received in Tip (gratuity), visit our tip calculator.

Formula for calculating the minimum annual salary

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

Calculation example

Take for example a minimum wage worker in 2020 that works 36,50 hours per week, 2 weeks and 5 vacations holidays (for a total of 3 holiday weeks).

36,50 hours per week x (52 weeks per year - 3 Holiday + Statutory weeks) =1788.5 hours of work per year

Multiply Hours (1788.5) by the minimum wage in 2020 ($ 14 / hour) = =25 039$ in minimum salary per year

minimum wage increase in Ontario

According to statistics the minimum wage saw an increase in the general rate of about 1500% from january 1st 1965 to January 1st 2020.

The increase of the minimum wage in Ontario has not been fixed for a specific date.


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