Posted on 07/20/2015 12:28:41 AM PDT by Olog-hai
Business groups and the restaurants sector have strongly opposed any increase in the minimum wage of €8.65 ahead of reports that the Low Pay Commission is expected to recommend a rise of 50 cent per hour.
The commission will present its report to Minister for Business and Employment Ged Nash over the next few days and is expected to recommend an increase of about 50 cent per hour.
IBEC, which represents Irish businesses, said the proposal was “at odds with all the economic evidence” and would “heap pressure on companies still struggling to stay in business and erode crucial competitiveness gains of recent years.”
Chief executive Danny McCoy said: “Given the economic evidence available, it is inexplicable how such a rise could be proposed. Prices across the economy are below where they were in 2008 and the real value of the minimum wage has actually increased during the crisis.” …
(Excerpt) Read more at irishtimes.com ...
The National Minimum Wage (NMW) is a minimum amount per hour that most workers in the UK are entitled to be paid. Find out what the current rates are and where to get help if you think you are being paid below the minimum wage rate. Current NMW rates
There are different levels of NMW, depending on your age and whether you are an apprentice. The current rates are:
£6.50 - the main rate for workers aged 21 and over
£5.13 - the 18-20 rate
£3.79 - the 16-17 rate for workers above school leaving age but under 18
£2.73 - the apprentice rate, for apprentices under 19 or 19 or over and in the first year of their apprenticeship
If you are of compulsory school age you are not entitled to the NMW. Some of your other employment rights are also different.
Pupils who become 16 between 2 July and 31 August (inclusive) in the school year, cannot leave school until 30 June of the following year.
Pupils who are 16 between 1 September and 1 July (inclusive) in the school year, can leave school on 30 June of that year.
Past NMW rates can be viewed on the Low Pay Commission website
http://www.nidirect.gov.uk/the-national-minimum-wage-rates
50 Cent is the new broke.
£6.50 = $10.14 at time of writing.
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