Minimum Wage July 1st

lisa_celtic

Going to work tomorrow? Are your wages going up?

Since 1 July 2011 the national minimum wage for an experienced adult employee is €8.65 per hour (was €7.65) as provided for in the Social Welfare and Pensions Act 2011(pdf). An experienced adult employee for the purposes of the National Minimum Wage Act is an employee who has an employment of any kind in any 2 years over the age of 18

http://www.citizensinformation.ie/en/employment/employment_rights_and_conditions/pay_and_employment/pay_inc_min_wage.html

orourkeda

I wish I had a job

Cill Dara Abu

lisa_celtic wrote: »

Going to work tomorrow? Are your wages going up?

Since 1 July 2011 the national minimum wage for an experienced adult employee is €8.65 per hour (was €7.65) as provided for in the Social Welfare and Pensions Act 2011(pdf). An experienced adult employee for the purposes of the National Minimum Wage Act is an employee who has an employment of any kind in any 2 years over the age of 18

http://www.citizensinformation.ie/en/employment/employment_rights_and_conditions/pay_and_employment/pay_inc_min_wage.html

Whats your point?

lisa_celtic

Cill Dara Abu wrote: »

Whats your point?

My point is I just found out and I'm super happy :P

Needler

Great now i'll never find a job. tis already a hard push trying to get someone to pay 7.65 for my 'services'

7sr2z3fely84g5

Expect alot of sudden "Job losses" and " job creations" at the same time,from the same link-

Sub-minimum rates

Since 1 July 2011 the National Minimum Wage Act provides the following sub-minimum rates, see also 'Rates' below:

• An employee who is under 18 is entitled to €6.06 per hour (this is 70% of the minimum wage)
• An employee who is in the first year of employment since the age of 18 is entitled to €6.92 per hour (80% of minimum wage)
• An employee who is in the second year of employment since the date of first employment over the age of 18 is entitled to €7.79 per hour (90% of the minimum wage)

This phasing in of the national minimum wage also applies to employees who are over 18 and enter employment for the first time.

Naikon

Unemployment is big business.

EarlERizer

lisa_celtic wrote: »

Going to work tomorrow? Are your wages going up?

Since 1 July 2011 the national minimum wage for an experienced adult employee is €8.65 per hour (was €7.65) as provided for in the Social Welfare and Pensions Act 2011(pdf). An experienced adult employee for the purposes of the National Minimum Wage Act is an employee who has an employment of any kind in any 2 years over the age of 18

http://www.citizensinformation.ie/en/employment/employment_rights_and_conditions/pay_and_employment/pay_inc_min_wage.html

Thats great,all we need now is the cost of living to come in line with minimum wage and folk can start living again! - I'm getting sick of the media & government 'people bashing' with their "people need to be spending what they can" crapology.....I mean,can you blame people for trying to make what little they have last? :mad:

EarlERizer

Naikon wrote: »

Unemployment is big business.

Tru dat! Unemployment creates jobs!

OPENROAD

EarlERizer wrote: »

Thats great,all we need now is the cost of living to come in line with minimum wage and folk can start living again! - I'm getting sick of the media & government 'people bashing' with their "people need to be spending what they can" crapology.....I mean,can you blame people for trying to make what little they have last? :mad:

Exactly, have no intention of spending, until prices significantly come down. Also if we see additional charges coming in such as water charges, well that is money I won't be spending in the retail sector.

EarlERizer

OPENROAD wrote: »

Exactly, have no intention of spending, until prices significantly come down. Also if we see additional charges coming in such as water charges, well that is money I won't be spending in the retail sector.

I never subscribed to the term "disposable income" ,every penny we earn is hard earned and not to be considered 'disposable' ,like the advert says "it pays to be prudent" .... they stood by and watched us go into the abyss and still they think they can cattle prod us into throwing away what little we have with their "your country needs you" rallying calls.

ball

Is the dole going up?

starbelgrade

I have serious issues with having a minimum wage & especially with increasing it. Workers should really be paid the market value for their services, not some arbitrary figure that the government pull out of the air.

They simply haven't done their research on this. With the introduction of minimum wages, businesses will simply cut hours, or cut jobs & therefor increase unemployment.

It also does little to help competitiveness as workers on higher wages tend to seek pay rises to maintain the differential between them & lower paid workers.

A basic economic principal is that when you impose a minimum price on goods or services, you reduce the quantity that is traded. The same applies to minimum wages and while it may improve the quality of income for some, it has the effect of reducing the quality on income for others, as either their hours will be cut back or their jobs will be cut entirely.

If the government really wanted to do something equitable for workers, they would introduce a minimum income. But then again, that would be crediting them with too much intelligence. A 5th year economics school lesson would tell them that what they are doing by increasing the minimum wage, will reduce the demand for labour - which is the exact opposite of what they should be doing.

EarlERizer

starbelgrade wrote: »

I have serious issues with having a minimum wage & especially with increasing it. Workers should really be paid the market value for their services.

They're not increasing it,it's been restored to the rate it was at before the last shower of shiisters reduced it by €1 ph ,around the same time they took €8 a week off those on the dole.

The rest of your post has the stench of a capitalist mindset.

I've had the 'misfortune' to have worked up the food chain into a managment role and onto unemployment and now to make ends meet I am back at the bottom rung,and it's been an eye opener! those you deem only worthy of the market value of their services work damn hard for the crumbs they get thrown from the (at best lazy) greedy bastards at the top!

policarp

starbelgrade wrote: »

I have serious issues with having a minimum wage QUOTE]

You obviosly don't work for a minimum wage,
nor do any of your family I would suspect.
If anyone in this country is to survive on a
minimum wage they're nearly destitute.
No morgage, no car, no holiday, just debt.

later12

The minimum wage needs to be abolished altogether.

People have very short memories. Ireland had no universal minimum wage until 2000. From 1987 - 2000 we had collective bargaining, where floors were established across different sectors, and which protected workers from exploitation, whilst at the same time allowing for pragmatism in that there is no one-size-fits-all for what a specific job is worth.

This had the effect that wages tended to rise in line with productivity. There was an undeniable level of wage restraint in the Irish economy up until 2000, whilst the economy boomed happily. There was also a growing level of wage equality, the level of which had probably never been observed before in the history of the state.

Then in 2000, someone had the bright idea to insert a minimum wage, after which wage inflation - and therefore inflation itself - became a major issue of concern for the Irish economy, and with the help of other issues, caused our inflation to diverge dramatically from Europe. This should never have been allowed to happen. Ireland lost competitiveness, and our exports suffered.

The minimum wage ought to be phased out, and eventually abolished if Ireland is to retain its competitiveness and further reduce its unit labour costs.

Unfortunately some people just do not see - or choose not to see - the ramifications of wage increases. They think that wage increases cures inflation, when of course it is the classic example of the dog chasing its tail. We need to get back to the pay structures of the late 1990s, when the celtic tiger was first booming and we were a wealthy, vibrant, competitive, export driven European economy with a sustainable future.

Princess Consuela Bananahammock

later10 wrote: »

The minimum wage needs to be abolished altogether.

People have very short memories. Ireland had no universal minimum wage until 2000. From 1987 - 2000 we had collective bargaining, where floors were established across different sectors, and which protected workers from exploitation, whilst at the same time allowing for pragmatism in that there is no one-size-fits-all for what a specific job is worth.

This had the effect that wages tended to rise in line with productivity. There was an undeniable level of wage restraint in the Irish economy up until 2000, whilst the economy boomed happily. There was also a growing level of wage equality, the level of which had probably never been observed before in the history of the state.

Then in 2000, someone had the bright idea to insert a minimum wage, after which wage inflation - and therefore inflation itself - became a major issue of concern for the Irish economy, and with the help of other issues, caused our inflation to diverge dramatically from Europe. This should never have been allowed to happen. Ireland lost competitiveness, and our exports suffered.

The minimum wage ought to be phased out, and eventually abolished if Ireland is to retain its competitiveness and further reduce its unit labour costs.

Unfortunately some people just do not see - or choose not to see - the ramifications of wage increases. They think that wage increases cures inflation, when of course it is the classic example of the dog chasing its tail. We need to get back to the pay structures of the late 1990s, when the celtic tiger was first booming and we were a wealthy, vibrant, competitive, export driven European economy with a sustainable future.

Wonder how much some employers would try and get away with paying if there was no minimum wage...?

etchyed

Kelsey Gray Troop wrote: »

Expect alot of sudden "Job losses" and " job creations" at the same time,from the same link-

That rule (70%, 80%, 90%) has always been the case.

later12

Ikky Poo2 wrote: »

Wonder how much some employers would try and get away with paying if there was no minimum wage...?

We had effective minimum wages before the actual universal minimum wage came in. Collective agreements put a floor in the amount that employers offered to prospective employees.

The reason this was better was because in some industries, lower wages could take account of the fact that some jobs - for example, stacking shelves - was simply worth less, and required less labour input than a job in sales or in manufacturing.

What the minimum wage did was erode at our competitiveness as wages for all sectors rose, whether or not they were productive.

This has an effect on college places as well - if people can get the same wage for doing basket weaving as something more productive, they might be more likely to choose basket weaving over getting into those productive fields - like, say, chemistry or physics.
Or they might not bother going to college at all, because they can get a nice wage with minimum effort.

There has to be some reasonable level of disparity to encourage people into particular industries, and to steer them away from the less productive industries - like basket weaving, or, I dont know - building more houses than there are prospective home buyers?

Biggins

lisa_celtic wrote: »

My point is I just found out and I'm super happy :P

Be that when you have the increase in your hand.
Till then, just hope...

PinkFly

Does this affect tax paid on the new minimum wage???

later12

Not if you are working the same hours as you were previously.

westendgirlie

If you work 39 hrs a week.

Tax on €7.65 per hr = 59.67 then deduct your tax credit

Tax on €8.65 per hr = 67.47 then deduct your tax credit

So probably pay a few quid in tax and then a bit extra USC but you'd still be better off

starbelgrade

EarlERizer wrote: »

They're not increasing it,it's been restored to the rate it was at before the last shower of shiisters reduced it by €1 ph ,around the same time they took €8 a week off those on the dole.

The rest of your post has the stench of a capitalist mindset.

I've had the 'misfortune' to have worked up the food chain into a managment role and onto unemployment and now to make ends meet I am back at the bottom rung,and it's been an eye opener! those you deem only worthy of the market value of their services work damn hard for the crumbs they get thrown from the (at best lazy) greedy bastards at the top!

You're missing the point entirely. By setting a minimum wage, you are effectively reducing the demand for labour and therefor either decreasing people's income as employers will either cut hours or jobs.

It has nothing to do with a capitalist mindset - it's just simple economics - something which the government consistently fail to grasp.

starbelgrade

policarp wrote: »

starbelgrade wrote: »

I have serious issues with having a minimum wage QUOTE]

You obviosly don't work for a minimum wage,
nor do any of your family I would suspect.
If anyone in this country is to survive on a
minimum wage they're nearly destitute.
No morgage, no car, no holiday, just debt.

As I said earlier - if the government really wanted to help people out, they would introduce a minimum income level. The introduction of a mimimum wage - while increasing the wages of some, also has the effect of decreasing the wages of others.

It is a daft, populist move that has the reverse effect of what it sets out to achieve.

lisa_celtic

westendgirlie wrote: »

If you work 39 hrs a week.

Tax on €7.65 per hr = 59.67 then deduct your tax credit

Tax on €8.65 per hr = 67.47 then deduct your tax credit

So probably pay a few quid in tax and then a bit extra USC but you'd still be better off

God I hate the USC!! Iv been on minimum wage for the last 3 months coming out with €298 for a 40 hour week so this is great news for me!