Ontario Wage Calculator 2018

Calculate your earnings in Ontario for 2018 using this free online wage calculator. Whether you're an employer or employee, this tool helps you determine hourly, weekly, and annual wages based on Ontario's minimum wage rates for that year.

How to Use This Calculator

Using the Ontario Wage Calculator 2018 is simple:

Enter your hourly wage in the "Hourly Wage" field.
Select the number of hours worked per week from the dropdown menu.
Click the "Calculate" button to see your weekly and annual earnings.
Use the "Reset" button to clear all fields and start over.

The calculator will display your weekly earnings, annual earnings, and a breakdown of your earnings in a chart.

Formula Used

The calculator uses the following formulas to determine your earnings:

Weekly Earnings = Hourly Wage × Hours Worked Per Week Annual Earnings = Weekly Earnings × 52

Where:

Hourly Wage is the amount you earn per hour
Hours Worked Per Week is the number of hours you work each week

These calculations are based on the standard workweek of 52 weeks per year.

Worked Example

Let's say you earn $15 per hour and work 35 hours per week. Here's how the calculation works:

Weekly Earnings = $15 × 35 = $525 Annual Earnings = $525 × 52 = $27,300

So, your weekly earnings would be $525 and your annual earnings would be $27,300.

Frequently Asked Questions

What is the minimum wage in Ontario for 2018?

The minimum wage in Ontario for 2018 was $12.25 per hour for workers aged 18 and over, and $10.25 per hour for workers aged 16 and 17.

How does overtime pay work in Ontario?

In Ontario, overtime pay is typically 1.5 times the regular hourly wage for hours worked over 44 in a week, or over 8 in a day.

Can I use this calculator for part-time work?

Yes, this calculator works for both full-time and part-time work. Simply enter the number of hours you work per week.