07/12/2017

- National Minimum Wage Changes 2018

National Minimum Wage Changes 2018

Following a recommendation from the Low Pay Commission, the national minimum wage will be increased from €9.25 gross per working hour to €9.55 gross per working hour in respect of hours worked on or after 1st January 2018.  This will be the third increase since the establishment of the Low Pay Commission in 2015. 

The national minimum wage is payable to an “experienced adult worker”.  This is an employee who is not:
• Under 18 years of age, or
• In the first two years of employment since becoming 18 years of age, or
• A trainee undergoing a course (subject to conditions)

An employer may pay less than the national minimum wage to workers who are not defined as experienced adult workers:
• Workers under the age of 18 will be entitled to €6.69 (currently €6.48) which is 70% of the €9.55 per working hour.
• Workers in the first year of employment over the age of 18 will be entitled to €7.64 (currently €7.40) which is 80% of €9.55 per working hour.
• Workers in the second year of employment over the age of 18 will be entitled to €8.60 (currently €8.33) which is 90% of the €9.55 per working hour.

Structured Training

The minimum wage for employees aged over 18, involved in structured training during the working hours is as follows:
• 1st one-third period - €7.16 (currently €6.94) which is 75% of €9.55 per working hour.
• 2nd one-third period - €7.64 (currently €7.40) which is 80% of the €9.55 per working hour.
• 3rd one-third period - €8.60 (currently €8.33) which is 90% of the €9.55 per working hour.

If you have any questions regarding the national minimum wage please do not hesitate to contact our PAYE team at FLC Frank Lynch & Co on 042 -9332273 or email .(JavaScript must be enabled to view this email address)

Click Here for more information..

RTE Business Headlines