11/01/2013 03:34 EDT | Updated 01/23/2014 10:52 EST

Newfoundland to increase minimum wage by 50 cents per hour over next two years

ST. JOHN'S, N.L. - Newfoundland and Labrador's minimum wage will increase by 25 cents to $10.25 per hour next fall, and will see another 25 cents added a year later.

The province says the first increase will come into effect on Oct. 1 next year.

Darin King, minister responsible for the Labour Relations Agency says by Oct. 1, 2015, the minimum wage rate in the province will have increased by 75 per cent in 10 years.

The minimum overtime wage rate will continue to be fixed at 1.5 times the minimum wage, rounded to the nearest cent.

The province expects to conduct a further review of the minimum wage in 2015.