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How Automation Can Help with Minimum Wage Increase

Posted by admin on September 28, 2017

An economic analysis found that 185,000 jobs could be at risk as Ontario businesses stand to take a $23-billion hit within two years - Keep Ontario Working Coalition

By 2019 Ontario’s minimum wage will increase to $15/hr.  This is great news for those working at the minimum wage rate, but the counter to that is how business’, small to large, will be affected.

At first glance raising wages $3.60/hr does not seem like a deal breaker to the uninformed eye.  However, once you calculate that over a modest 30 hour work week ($108), for the year ($5,616), and then add in another 100 employee’s ($561,600).  You can see how this can start to add up for larger corporations.

One way companies can help offset the incurred cost of the minimum wage increase is to automate some of their day to day operations and processes.

Below are a few benefits to implementing automation into your business;

  1. Minimizing cost and manual errors
    • By substituting human vulnerabilities with the accuracy of a machine, you bypass the expensive costs associated with manual errors and inefficiencies
  2. Keep a tab on your business processes
    • An automated system not only lets you see the status of any individual item, it also gives you the bird’s-eye view of your whole system. Imagine what you could do with several months of data from an automated system
  3. Improved Quality
    • You can constantly prototype, build, test, and adjust to best meet evolving business requirements. Plus, automated development lets you enforce standards and best practices for consistent, high quality solutions.

There is no right or wrong way to prepare for the minimum wage increase, but not having a plan in place can cost a company time and money.  We’d be happy to help explore what options you have to help your business continue to thrive when 2019 arrives.


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