Recommendation for a 5% rise in the minimum wage by the commission
National Minimum Wage Set for Increase in April 2022
The Low Pay Commission has urged the government to increase the National Minimum Wage, and it is expected that this increase will be implemented in April 2022.
Currently, the National Minimum Wage stands at €13.50 an hour, a significant increase from the 2015 rate of €8.65. This increase from the 2015 rate represents approximately 55%, marking a substantial change in the minimum wage over the past six years.
The National Minimum Wage has seen two increases since 2015. The first increase brought the rate up to €12.70, and the most recent change, which occurred on 1 January 2022, raised it to €13.50. This latest increase of €0.80 represents a continuation of the trend towards higher minimum wages.
The Low Pay Commission, which provides advice to the government on the National Minimum Wage, has recommended a further increase of 9.8%. If this recommendation is implemented, the National Minimum Wage rate would rise to €14.17 an hour.
It is worth noting that the government typically follows the recommendations made by the Low Pay Commission. This suggests that the proposed increase is likely to become a reality in April 2022.
This increase in the National Minimum Wage will undoubtedly have a positive impact on low-income workers, providing them with a higher standard of living and helping to reduce income inequality in the country.
In conclusion, the National Minimum Wage is set for an increase in April 2022, following the Low Pay Commission's recommendation. This increase will bring the rate up to €14.17 an hour, marking a further step towards a fairer and more equitable society.
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