News
Posted: 19 Jul 2017
As of January 2018, the minimum wage in Ireland is set to increase by 30 cents, taking it to €9.55, it has been confirmed.
At present, the current rate is set at €9.25, which will equate to a further €12 for full-time workers per week, once the raise comes into force, following Ireland’s Low Pay Commission recommendation.
Táoiseach Leo Varadkar, Tanaiste Frances Fitzgerald, TD, and Minister Finian McGrath were all present to announce the change on the steps of the Dáil.
Speaking about the new increase in minimum wage, Varadkar said: “This would be a modest increase, but it’s ahead of the rate of inflation and average increases in earnings.”
The move to improve Ireland’s minimum wage next year will make it the fourth increase in seven years, since 2011. It will be the second under this Government, which points to another progressive step towards the Programme for Government commitment for a minimum wage to meet €10.50, Varadkar added.
There has been support from Ged Nash, the Labour spokesperson on Worker’s Rights Senator, who has hailed the rise.
He said: “While modest, the Low Pay Commission’s recommendation to increase the rate by 30 cents an hour to €9.55 is a welcome step.”
This move means that wages will now be slightly ahead of average pay rise forecasts for this year, which are expected to be just under 3 per cent.
If you are looking for a new role, why not browse our jobs section and see the latest opportunities available with our IT recruitment agency? Alternatively, you can upload your C.V. to our website and let one of our professional IT consultants help you complete the process.
Previous PageSkills shortages in the tech sector continue to make it difficult for employers to attract and retain good candidates. Demand for both permanent and contract tech workers intensified during the Covid-19 pandemic as traditional businesses were forced...
Read moreDublin, Ireland 28 November 2022 Irish private equity firm Erisbeg has today agreed to acquire a majority stake in Leading Specialist IT Recruiter Eolas Recruitment Limited (‘Eolas Recruitment’) from its shareholders. The consideration for...
Read moreChoose wisely and these benefits will increase over time as the recruitment agency’s knowledge of your business deepens. Benefits of using recruitment agencies For large organisations and SMEs, particularly those in technology and knowledge...
Read more