The minimum wage will raise by 10 cent from the start of 2021.
Minister for Social Protection Heather Humphreys announced today that the government has agreed to a 10 cent raise in minimum wages in Ireland.
This new minimum wage will be set at €10.20 per hour, and could be of benefit to over 120,000 employees around the country currently on this wage.
This new minimum wage is to be implemented from January 1, 2021.
Minister Humphries said of the pay increase: “I also want to ensure that the increase in the minimum wage does not result in employers having to pay a higher level of PRSI charge solely due to this increase.
“I will make regulations that will increase the employer PRSI threshold from €395 currently to €398 from 1 January 2021.”
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