Sep 2018
12
National Minimum Wage - Increasing Jan 19
Currently, the national minimum wage is €9.55 per hour, which increased on 1st January 2018. The Low Pay Commission has recommended that the national minimum wage be increased by 25 cent to €9.80 per hour. The Government has accepted this recommendation and this increase is due to be introduced in January 2019.
This is the fifth increase of the national minimum wage since 2011. This increase could benefit up to 120,000 employees, increasing their hourly rate by 2.6%. An employee working 40 hours per week will see their gross pay increase by €10.00.
The new minimum hourly rates will be:
- Experienced adult worker – €9.80
- Under age 18 – €6.86
- In the first year after the date of first employment over age 18 - €7.84
- In the second year after the date of first employment over age 18 - €8.82
- In a course of training or study over age 18, undertaken in normal working hours-1st one third period: €7.35; 2nd one third period: €7.84; 3rd one third period: €8.82
The Taoiseach, Leo Varadkar said “this increase will put us in the top five in the world for our national minimum wage in cash terms and purchasing power.”
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