- Revamped ESA Creates More Costs for Condos, Owners
- June 1, 2018 | Author: Warren Kleiner
- Law Firm: Shibley Righton LLP - Toronto Office
The minimum wage, which increased to $14 an hour on Jan. 1 and is expected to rise to $15 an hour in 2019, had an immediate impact, says Kleiner, a partner with Shibley Righton LLP in Toronto.
The changes have most likely created a domino effect, with other employees currently earning more than the minimum wage seeking similar increases to reflect their responsibilities, he says.
Kleiner tells AdvocateDaily.com that condo corporations currently under locked service agreements won't face increases until the contracts are renewed but when that happens, “they’re going to get hit.”
“The minimum wage is going to be a direct hit to condominiums," he says. "The other thing that will trickle down is the impact of those other individuals who will be seeking raises in lockstep with the increases in minimum wages."
Part-time and casual workers are required to be paid the same as full-time workers for substantially the same work, except for reasons of merit or seniority, he says.Please click here to read the rest of the story.