Search icon

News

19th Jul 2016

The minimum wage looks set to increase

Carl Kinsella

There is increasing speculation that the Low Pay Commission have recommended an increase in the minimum wage, according to RTÉ.

There are currently 70,000 workers in Ireland earning minimum wage which currently stands at €9.15 an hour. It is rumoured that the Low Pay Commission is recommending a 10c increase in the rate, to €9.25 an hour.

It had been a goal of the government to increase the minimum wage to €10.50 by 2020, something which would seem to be a distant goal if just a 10c increase is implement for 2017.

The last time the minimum wage was increased, it went from €8.65 to its current level – a far greater increase of almost 6%.

A 10c increase in the minimum wage now would represent just a 1% increase.

According to RTÉ, the Cabinet is considering the latest Low Pay Commission proposals today.

LISTEN: You Must Be Jokin’ with Aideen McQueen – Faith healers, Coolock craic and Gigging as Gaeilge

Topics:

Minimum Wage