Low Pay Commission: Minimum wage needs 'significant changes' to meet 2026 target

Low Pay Commission: Minimum wage needs 'significant changes' to meet 2026 target

Last week, the Government increased the minimum wage by €1.40 to €12.70 an hour. 

The chair of the Low Pay Commission has said that “significant changes” will need to be made to the minimum wage before 2026 if the Government is to reach its target of benchmarking it to 60% of the hourly median wage.

In November last year, the Government agreed to a plan to replace the minimum wage with a national living wage by January 2026 and has asked the commission to make recommendations to achieve it.

You have reached your article limit. Already a subscriber? Sign in

Continue reading for €5

Unlock unlimited access and exclusive benefits

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited