Ireland vs UK minimum wages, plus recent and upcoming changes | PaycheckPlus Payroll Specialists
Ireland vs UK minimum wages
With the recent Irish and upcoming UK changes to national minimum wages we thought that we’d write a blog post to capture and compare the current minimum wages in both regions. Below are details of the varying levels of national minimum wages in both Ireland and the UK along with a comparison.
Minimum wage in Ireland
The minimum wage in Ireland is a maximum €9.25 for an experienced adult worker. An experienced adult worker is someone who is over 18 years and not in their first 2 years of employment. This new Irish national minimum wage came into effect January 1st 2017. The below table outlines the variations in the Irish minimum wage:
|Minimum hourly rate of pay||% of minimum wage|
|Experienced adult worker||€9.25||100%|
|Aged under 18||€6.48||70%|
|First year from date of first employment aged over 18||€7.40||80%|
|Second year from date of first employment aged over 18||€8.33||90%|
|Employee aged over 18, in structured training during working hours|
|1st one third period||€6.94||75%|
|2nd one third period||€7.40||80%|
|3rd one third period||€8.33||90%|
Minimum wage in UK
The current minimum wage in the UK is a maximum £7.20. This applies to people 25 and over. A new UK national minimum wage is due to come into effect April 1st 2017 where the maximum minimum wage will increase by 30p to £7.50. The table below outlines the various levels of the UK minimum wage:
|25 AND OVER||21 TO 24||18 TO 20||UNDER 18||APPRENTICE|
Minimum Wages Compared
With £1 currently equating to €1.17, the result is that the Irish minimum wage is close to 10% higher than the UK minimum wage. This will drop closer to being 5% higher when the UK minimum wage increases April 1st 2017.
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