Why is a large increase in the minimum wage being recommended?

For next year the Low Pay Commission is recommending a 12% increase, or €1.40 in cash terms, bringing the minimum wage to €12.70.It is the minimum national level that employees must be paid on a per-hour basis and it currently stands at €11.30. It increases every year on the basis of recommendations from the Low Pay Commission, a small group with representatives of businesses, unions and economic exports. The Government makes the decision, but generally accepts the commission’s view.

is to bring the minimum wage to the 60 per cent level of average wage by 2026 and then rename it as a living wage. The Government committed to this last year.It would increase the weekly earnings of someone on the minimum wage who is working 39 hours a week by just under €55 from next January, so the increase is significant. Many minimum wage employees work atypical hours or work part-time, so the impact will vary. There is a total of 164,000 people out of a workforce of 2.

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