Ontario Hourly Rate Calculator
Convert annual salary to hourly pay based on Ontario standards
Understanding Your Hourly Rate in Ontario
In Ontario, determining your true hourly rate involves more than just dividing your salary by 52 weeks. Employment standards, including the Employment Standards Act (ESA), define how vacation pay and public holidays affect your compensation.
How the Calculation Works
The Ontario Hourly Rate Calculator uses the following logic to provide an accurate estimate:
- Total Annual Hours: We calculate the actual working hours by subtracting vacation time and statutory holidays from the 52-week year.
- Ontario Public Holidays: There are 9 standard public holidays in Ontario (New Year's Day, Family Day, Good Friday, Victoria Day, Canada Day, Labour Day, Thanksgiving Day, Christmas Day, and Boxing Day).
- Vacation Pay: Most Ontario employees are entitled to at least 2 weeks of vacation (4% vacation pay). After 5 years with the same employer, this increases to 3 weeks (6%).
Ontario Employment Context
As of October 1, 2024, the general minimum wage in Ontario is $17.20 per hour. If your calculated hourly rate falls below this threshold, you should consult with your employer or the Ministry of Labour, as this is the legal minimum for most workers in the province.
Example Calculation
If you earn a salary of $60,000 per year working 40 hours per week with 2 weeks of paid vacation:
- Total hours per year = 40 hours × 52 weeks = 2,080 hours.
- Gross Hourly Rate = $60,000 / 2,080 = $28.85 per hour.
Note that this is the gross rate before deductions like CPP (Canada Pension Plan), EI (Employment Insurance), and provincial/federal income tax.