Retailers "Disheartened" by Budget and Miminum Wage Hike

Retailers "disheartened" by Budget and miminum wage hike

Irish businesses continue to process the impact of budget measures at the annual KPMG Budget Breakfast at the Mansion House in Dublin.

National minimum wage 2027

We are disappointed with the announcement in yesterday’s budget that the national minimum wage is scheduled to rise to €14.94 in January. Industry bodies made clear to the Low Pay Commission this year that this increase is far ahead of both CPI and the general trend in wage inflation. There are obvious technical issues with […

MINIMUM WAGE INCREASE MASKS POOR BUDGET FOR RETAIL AND HOSPITALITY WORKERS

This afternoon’s announcement of Budget 2027 saw those depending on the National Minimum breathe a sigh of relief as the speculation about a postponement of the 79 cent per hour increase proved to be unfounded. However, in many ways this increase – which had been proposed by the Low Pay Commission during the summer – […]

SFA express disappointment at new minimum wage

The Small Firms Association (SFA) has expressed disappointment with the Government’s Budget 2027 announcement to approve the Low Pay Commission’s full recommendation of a 79-cent increase in the National Minimum Wage. The decision pushes the statutory baseline from €14.15 to €14.94 per hour, dealing a significant blow to small enterprises operating on non-existent profit margins […]