Home » Legal developments » National legislation » Ireland: government looking to opt for a new minimum wage based on the median wage Ireland: government looking to opt for a new minimum wage based on the median wage On 14 June Ireland’s government cabinet announced that the national minimum wage will be phased out by 2026 and replaced by a new ‘living wage’ that will be calculated annually and referenced against the median wage level. This unprecedented overhaul will require effort by companies and as such should be established on a gradual process. Through . Published on 15 June 2022 à 11h58 - Update on 15 June 2022 à 11h58 Resources While the Irish minimum wage currently stands at €10.50 per hour, the new ‘living wage’ in 2026 will be re-evaluated each year and will have to represent 60% of the median income for that year. This new calculation method should guarantee a higher legal wage,… Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageRGPD J’accepte la politique de confidentialité.EmailThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels
