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Oireachtas to hear arguments for increasing the minimum wage

Business and employer groups will be giving their views to the Dail Jobs Committee later on incre...
Newstalk
Newstalk

10.01 24 Feb 2015


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Oireachtas to hear arguments f...

Oireachtas to hear arguments for increasing the minimum wage

Newstalk
Newstalk

10.01 24 Feb 2015


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Business and employer groups will be giving their views to the Dail Jobs Committee later on increasing the national minimum wage.

TDs and Senators will be discussing a "living wage" for workers as a means of reducing the reliance on social welfare, and for driving further economic growth.

Last month, the trade union SIPTU said it would seek a minimum living wage of €11.45 per hour.

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The current minimum wage here stands at €8.65 per hour.

SIPTU president, Jack O'Connor, has said that his union is embarking on a "major campaign" for pay increases of 5% across the economy.

However, employers group IBEC said many companies remain in survival mode - and that keeping costs under control is vital to sustaining existing employment and creating new jobs.

IBEC said suggestions that either business or government could afford to award 5% pay rises this year were "reckless, foolish and utterly detached from economic reality."

Chair of the Joint Committee on Jobs, Enterprise and Innovation - Marcella Corcoran-Kennedy - says a living wage is important for workers and the economy.


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