“Living wage” calculated at €11.50 an hour – TheLiberal.ie – Our News, Your Views

“Living wage” calculated at €11.50 an hour




wage

 

 

This year, Ireland’s living wage has been calculated at €11.50 an hour by the Living Wage Technical Group.

The Republic of Ireland Living Wage was set up because it believes that people who work full time should be able to earn enough money to enjoy a decent standard of living.

 

2014 was the first year for Ireland that a “Minimum Acceptable Standard of Living” wage was calculated.

This year’s figure has increased by 5% since last year’s figure. The increase being due to the changes in the cost of living and in the taxation system over the past year.

 

The current minimum wage for an adult working in the Republic is €8.65 an hour. An 18 year old in their first year of employment can be paid as little as €6.92 an hour.

 

 

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