Local TD and Minister for Enterprise and Innovation, Frances Fitzgerald has today announced that the Low Pay Commission is recommending an increase to the minimum wage of 30 cents, bringing it to €9.55 per hour.
In its report to the Minister Fitzgerald, the Low Pay Commission sets out the range of data it has considered in recommending the increase, including risks to the economy and international comparative research. The Commission also sought submissions from interested parties and consulted directly with workers and employers in relevant economic sectors.
Speaking after Cabinet discussed the matter today; Fitzgerald said “I warmly welcome the recommendation to increase the National Minimum Wage by 30c. Increasing the minimum wage is just one tool in a wider Government programme to help the lower paid and incentivise people into work. New childcare subsidies are coming on stream in September and I am progressing a set of new proposals to address zero hour contracts, low hour contracts, banded hours and related matters to help combat the issues of so-called precarious employment in a balanced way.
“The Low Pay Commission is non-political. It draws on a range of data in reaching its recommendations and takes into account issues such as job-creation, competitiveness, currency exchange rates and international comparisons. These issues are also considered in the wider context of Ireland’s continued emergence from recession and the potential impact of Brexit.
“The latest data from the Central Statistics Office shows that show that that Ireland is becoming more equal and that poverty is decreasing.
“As Tánaiste and Minister for Enterprise and Innovation, I know that higher levels of public investment in social and economic infrastructure, will improve skills, childcare, and empower our communities. These are the building blocks for more inclusive, fairer and sustainable patterns of economic growth in our society.
“Economic and social progress go hand in hand. Only a strong economy supporting people at work can pay for the services needed to create a fair society.” Fitzgerald said.