Ontario’s lowest-paid workers will be getting a raise next fall when the minimum hourly wage rises to $11.40.

The 15-cent hike from the current $11.25-an-hour will take effect on Oct. 1.

“It’s important for people to know that there is a consistent, transparent and fair approach to setting the province’s minimum wage that ensures workers receive annual increases that keep up with inflation,” Labour Minister Kevin Flynn said in a statement Friday.

“It’s also important we provide predictability to businesses so they can prepare for annual wage increases. This helps to build a more prosperous economy and a fairer society for all,” said Flynn.

Ontario, which has the highest minimum wage of any province, has increased the rate 10 times since the Liberals took power in 2003 when it was $6.85 an hour.

Flynn said the changes also affect other wage categories.

Students under the age of 18 will see their minimum pay rise to $10.70 an hour from $10.55.

Those who do paid work in their own homes for an employer will also get an additional 15 cents an hour — to $12.55 from $12.40.

For bar and licensed-restaurant servers, who rely upon tips to supplement their income, the minimum wage only goes up a dime to $9.90 from $9.80.