To better understand this content, we first need to learn about Prevailing Wage. This is the minimum wage you must pay for temporary foreign labor, determined based on:

• Other reliable public labor market data. ...

• The salary you are paying to the current employees in the same position and with the same experience.

• Other reliable public labor market data.

Therefore, employers must continually update and reassess the salaries of temporary foreign workers annually, while ensuring that the salaries are not lower than the current prevailing wage.

However, it should be noted that the new salary must not be lower than the salary approved in the LMIA, even if the prevailing wage decreases. Failure to comply may result in penalties or a ban from participating in the TFWP in the future.

At the same time, what employers need to do at this time is to immediately check the common salary levels on Job Bank and update your employment contract and LMIA file.

This is a mandatory requirement, if the employer does not comply, there is a risk of being penalized, losing the LMIA, or being banned from hiring TFW in the future. Do not let these changes affect your recruitment activities. Ensure compliance to continue building a strong and legal workforce.

Link: https://www.canada.ca/en/immigration-refugees-citizenship/corporate/publications-manuals/operational-bulletins-manuals/temporary-residents/foreign-workers/wage-review-temporary-foreign-worker-program.html?fbclid=IwY2xjawKrgMlleHRuA2FlbQIxMABicmlkETFxMk4wd0k3OWI3ZlZNQlpZAR4BkwhYxE2i9ZT4BJXoopFsU1clKXrbi2o6UJQkH8ZOdSzjijyAQexl2p3U7A_aem_Fo49gM4fHvhiWdHCOlA99Q