New Minimum Wage from 1st February

The new national minimum wage rate takes effect from 1 February and sets the new rate at €7.65 per hour. The latest data from the Central Statistics Office shows that about 47,000 workers, or 3.1% of the employed labour force, are paid at or below the current adult experienced worker rate of €8.65 per hour. Even after the reduction to €7.65 per hour, the new rate will remain in the top tier of minimum wage rates set by European Union member states and 12% above the rate in Northern Ireland.