National Minimum Wage 2020 update
On December 19th 2019, an announcement was made regarding the National Minimum Wage. So, what’s the news?
Minimum wage increase in effect from February 1st
The National Minimum Wage will surpass the €10 barrier for the first time in 2020.
The minimum rate of pay will increase by €0.30 from €9.80 to €10.10 per hour.
As a result of the increase, it’s important to remember to adjust payroll come February 1st.
Increase delayed due to Brexit
National Minimum Wage increases usually come into effect on January 1st each year. However, the government chose to delay the increase this year to assess the impact of the UK’s withdrawal from the EU.
Need our help?
If you would like further complimentary advice on minimum wage obligations, our advisors are ready to take your call. Call us on 01 886 0350 or request a callback here.Back to the blog
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