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Keyword: lowpaycommission

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  • Low Pay Commission to recommend 12% increase to minimum wage [Ireland]

    07/18/2023 4:17:28 PM PDT · by Olog-hai · 3 replies
    RTÉ News ^ | Tuesday, 18 Jul 2023 14:50 | Brian O’Donovan, Work & Technology Correspondent
    The Low Pay Commission is expected to recommend to the Government that it increases the minimum wage next year by 12%. This would be a rise of €1.40 an hour, bringing the rate from €11.30 to €12.70. Last year, the Government announced plans to introduce a new national “living wage” to replace the minimum wage by 2026. It will be phased in over a four-year period starting this year and will be set at 60% of the hourly median wage. In 2023, it is estimated that 60% of median earnings would equate to approximately €13.10 per hour. The minimum wage...