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Assuming a 40-hour workweek and 52 paid weeks per year, the annual gross employment income of an individual earning the minimum wage in Canada is between C$31,200 (in Alberta and Saskatchewan) and C$39,520 (in Nunavut). [4] The following table lists the hourly minimum wages for adult workers in each province and territory of Canada.
The OECD (Organization for Economic Co-operation and Development) dataset contains data on average annual wages for full-time and full-year equivalent employees in the total economy. Average annual wages per full-time equivalent dependent employee are obtained by dividing the national-accounts-based total wage bill by the average number of ...
GDP per hour worked [1] Year ... Canada: 56.9 2023 ... List of countries by average annual labor hours; List of countries by average wage;
The two biggest countries in North America -- US and Canada -- are similar in many ways. But how do they compare when looking at the average salary? Read Next: The Average Retirement Age in 2024:...
The gross pay per hour for a job paying $60,000 annually would be $28.84. This is based on a 52-week year and the estimate is pre-tax and does not factor in any unpaid leave or overtime.
Another important factor is the extent to which part-time work is widespread, which is less common in developing countries. In 2017, the Southeast Asian state of Cambodia had the longest average working hours worldwide among 66 countries studied. Here, the working time per worker was around 2,456 hours per year, which is just under 47 hours per ...
€2,437.07 (US$2882) per month, and €14.06 (US$16.63) per hour for persons 21 and older; between 30–80% (as low as €4.22 per hour) of this amount for persons aged 15–20. [164] An additional holiday allowance of 8% of the annual wage is paid in May or June, prorated for the time worked in the year.
For the analysis of income, Statistics Canada distinguishes between the following statistical units: Households: "a person or group of persons who occupy the same dwelling" [ 1 ] Economic families: "two or more persons who live in the same dwelling and are related to each other by blood, marriage, common-law union, adoption or a foster ...