With effect from 1st January 2018 there is a new Minimum Wage. The National Minimum Wage Order 2017 means the minimum hourly rate for an audit has increased by 3.2% to €9.55 per hour.
Overall, it means that the minimum wage in Ireland has increased by 10.5% since 2015 – when the minimum wage was €8.65 per hour and comes on foot of the recommendations from the Low Pay Commission (a statutory body set up in 2015 to make recommendations on the rate of the minimum wage annually).
It is estimated that about 10% of employees in Ireland are on the minimum wage (about 155,000 people).
Note: each one-third period must be at least one month and no more than one year