-
National Minimum Wage – it is important to get the balance right
National Minimum Wage Debate
The government has announced the formation of the Low Pay Commission to provide advice on the appropriate rate for the National Minimum Wage. At the labour Party conference this week end, the Tanaiste Joan Bruton created the expectation that the NMW will be increased. She is quoted as saying “fair wages and decent working conditions are essential; workers are entitled to a minimum wage and an increase in the NMW could be on the cards”.No pressure on the Low Pay Commission!
We have the second highest NMW in Europe, higher than the major economies UK, Germany and Holland, should the Commission be open to the possibility that €8.65 is too high?
(more…)