COVID-19 is not the only thing that may be causing expenses to go up for dentist employers. As of January 1, 2022, Ontario’s new minimum wage increase will be in effect.
As a business owner, you need to make sure the wages for everyone you employ at your dental practice align with the new standards. Even though we just saw an increase in October 2021, under the Making Ontario Open for Business Act, Ontario’s minimum wage increases again on January 1, 2022. For general workers, the minimum wage has gone up by 65 cents to $15 per hour. Student wages also increased to $14.10 per hour. According to the Ontario government, According to the Ontario government, we should now expect an increase in minimum wage annually.
Changes in any employment laws present an excellent opportunity to review your current employment terms and team contracts. As a business owner, you need to make sure you are staying competitive in the dental market. So, if you don’t have employment agreements with your employees, now is the perfect time to introduce them.
If you are unsure of your rights/responsibilities as an employer, don’t hesitate to contact us. We are happy to help with employment contracts, office policy manuals and any other employment issues. DMC is dedicated to helping dentists understand and minimize the risks associated with being an employer. Send DMC an email or give our employment team a call at 416-443-9280.
Stay tuned to our blog for more updates on employment standards in Ontario!
