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Minimum wage rise 'nail in coffin' for businesses

The Low Pay Commission is expected to recommend to the Government an increase of 5% to the National Minimum Wage.

ISME has warned that the proposed 12.4% NMW increase will create a financially unsustainable situation for many SMEs around the country

ISME warns on proposed NMW increase impact on SMEs

ISME has today written to Taoiseach Leo Varadkar to highlight issues around the impact of the proposed 12.4% increase on the National Minimum Wage in 2024.

Business • 31 Jul 23

ICTU said such an increase would go a considerable distance to providing a decent standard of living for low paid workers

ICTU calls for €2 increase to minimum wage

ICTU has called for the national minimum wage to be increased in January 2024 by €2, making the hourly rate €13.30.

Ireland • 25 May 23

The ESRI has assessed the impact of the minimum wage rise from €8.65 to €9.15 in 2016

Minimum wage increase in 2016 reduced wage inequality

An increase in the National Minimum Wage in 2016 was effective in reducing wage inequality, particularly for younger workers, according to the latest research from the Economic and Social Research Institute.

Business • 11 Feb 21

A spokesperson for the Minister for Business, Enterprise and Innovation said the judgment was under review

High Court rules wage legislation is unconstitutional

Legislation which allows for the setting of legally enforceable pay and conditions for thousands of workers in various employment sectors has been deemed unconstitutional by the High Court.

Courts • 23 Jun 20

A total of 122,800 workers said they earned the NMW or less in the fourth quarter of 2019, down by 10.5% from Q4 2018

6.4% of workers on National Minimum Wage or less in Q4

New figures from the Central Statistics Office show that 6.4% of employees earned the National Minimum Wage (NMW) or less in the fourth quarter of 2019.

Business • 29 Apr 20

The minimum wage will rise from €9.80 to €10.10 tomorrow

Social Justice Ireland calls for minimum wage increase

The incoming government must introduce measures to tackle poverty among people in low-paid and precarious work, according to Social Justice Ireland.

Ireland • 31 Jan 20

The report found that as a result of the 6% increase, the gap between the top 10% of earners and the bottom 10% narrowed by 8%

Increase in minimum wage reduced inequality - ESRI

Increasing the National Minimum Wage in 2016 reduced wage inequality between high and low earners, according to new research by the Economic and Social Research Institute.

Ireland • 07 Mar 19