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Posts in the "Wages" category

Internal Devaluation and the Irish Crisis

Posted on September 23, 2016 by Tom McDonnell

Beckett Bridge - Photo Credit: Michael Foley Photograph Flickr creative commons page: https://www.flickr.com/photos/michaelfoleyphotography/
Photo Credit: Michael Foley Photograph Flickr creative commons page: https://www.flickr.com/photos/michaelfoleyphotography/

The European Trade Union Institute have published a policy inBrief by Tom McDonnell discussing the Irish economic crisis and its aftermath. You can find it here.

Permanent link | Categories: Government SpendingIncomeJobsLabour costsMacroeconomicsWages

70,000 workers are on the Minimum Wage

Posted on July 13, 2016 by Micheál Collins

Publication cover - Employees on the Minimum Wage in the ROI NERI WP37 - Cover image for Employees on the Minimum Wage in the ROI NERI WP37
Cover image for Employees on the Minimum Wage in the ROI NERI WP37

A new NERI research paper estimates the number of workers on the minimum wage and further profiles these workers by gender, by the sector they work in and by their employment status (full-time, part-time, permanent, temporary etc). The data, which is for 2014 (the latest available), complements an earlier paper examining the situation in 2013.

The key findings from the paper are:

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Permanent link | Categories: GenderIncomeInequalityJobsWages

2016 Living Wage: no change, yet lots of change

Posted on July 11, 2016 by Micheál Collins

The 2016 Living Wage for the Republic of Ireland has been calculated by the Living Wage Technical Group. It is €11.50 per hour. The rate is unchanged from 2015.

Over the past year there have been decreases in living costs for most items included in the living wage calculation. However, these decreases have been wiped out by increases in housing costs. The overall effect is an unchanged hourly Living Wage rate of €11.50.

The Republic of Ireland Living Wage was established in 2014 and is part of a growing international set of similar figures which reflect a belief across societies that individuals working full-time should be able to earn enough income to enjoy a decent standard of living.

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Permanent link | Categories: IncomeInequalityJobsLabour costsLiving wageWages

New Paper Models a Minimum Wage Increase

Posted on May 19, 2016 by Micheál Collins

Publication cover - modelling_lowpay_increase_neri_wp36 - Cover image for modelling_lowpay_increase_neri_wp36
Cover image for modelling_lowpay_increase_neri_wp36

The establishment of a Low Pay Commission in the Republic of Ireland and the renewed focus on low pay and a ‘living wage’ both in Ireland and the UK has revived a growing interest in policies that focus on providing adequate minimum levels of pay for all employees.

A new NERI research paper from Niamh Holton and Micheál Collins models the impact of an increase in the minimum wage to a level equal to two-thirds of median hourly earnings by 2020, a value equivalent to Eurostat’s definition of the Low Pay threshold.

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Permanent link | Categories: GenderInequalityJobsLabour costsWages

Earnings and Low Pay in the Republic of Ireland

Posted on April 19, 2016 by Micheál Collins

SSISI-logo

A paper entitled 'Earnings and Low Pay in the Republic of Ireland' was delivered to a meeting of the Statistical and Social Inquiry Society of Ireland on Thursday 14th April. The slides from the presentation are below and the paper (forthcoming in the SSISI journal) was based on an earlier NERI working paper available here.

Paper Summary:

Earnings and Low Pay in the Republic of Ireland

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Permanent link | Categories: GenderIncomeInequalityWages

The National Living Wage - What will it mean for Northern Ireland

Posted on March 30, 2016 by Paul Mac Flynn

50p

The National Living Wage of £7.20 will come into force from tomorrow across the UK for those aged 25 and over. This new minimum wage rate will amount to an automatic increase of 50p per hour for the coming financial year and it is set to rise to £9 per hour by 2020. There has been much discussion of how workers and businesses will be affected by the NLW and this is particularly important for Northern Ireland as one of the lowest paid regions in the UK. In last December's Quarterly Economic Observer we outlined the impact of the NLW among employees and across industries. Overall 13% of workers in Northern Ireland would see an automatic increase in pay from this Friday. However the lower age limit of 25 will exclude some 50,000 workers who will remain on the current minimum wage of £6.70 per hour until November. It also does not take into account those who are currently paid above £7.20 per hour who may see a knock-on increase in their wages.

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Permanent link | Categories: JobsLiving wageNorthern Ireland Wages

Minimum Wage Increase - who gains?

Posted on January 05, 2016 by Micheál Collins

January 1st saw a 50 cent  increase in the hourly Minimum Wage; the first since 2011. The increase to €9.15 per hour follows the recommendations of the Low Pay Commission.

A recent NERI Research inBrief estimates some of the effects of this increase. Specifically, it examines the average impact on the gross pay of minimum wage employees and the overall increase in the level of earnings for these employees.

The key points from the analysis are:

  • 75,000 employees work at the minimum wage.
  • Most are women (65%), most are aged in their 20s and 30s and large proportions of these employees work in sectors such as accommodation and food and wholesale and retail.
  • A 50 cent per hour increase in the minimum wage will result in:

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Permanent link | Categories: GenderIncomeJobsLabour costsWages

A quick review of employment and wages in 2015

Posted on December 22, 2015 by Daragh McCarthy

Review 2015 - Review 2015
Review 2015

There seems to be an increasingly strong contention that 2015 was officially the year the good times returned. A quick overview of employment and average wage growth would suggests a definite improvement in the labour market over the past 12 months,  and the outlook for 2016 is broadly positive, but it’s not quite the good times of old.  

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Permanent link | Categories: Wages

Life on low pay – new insights

Posted on December 02, 2015 by Micheál Collins

Publication cover - NERI Research inBrief Low Pay Dec 2015 - Cover image for NERI Research inBrief Low Pay Dec 2015
Cover image for NERI Research inBrief Low Pay Dec 2015

The latest NERI Research inBrief looks at those who are on low pay in the Republic of Ireland. Its key points are

 Low pay is more common among:

-   female workers;
-   younger workers;
-   those in the retail, hotel and security sectors;
-   single parents; and
-   those on temporary contracts.

At the household level, a higher proportion of low paid employees are living in households that struggle financially, borrow for day to day living costs and experience deprivation.

The chart presents some of the results of this analysis and compares the living standards experience of those on low pay with that experiences by employees in general.

 Overall,

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Permanent link | Categories: IncomeJobsWages

Who Gains for a Minimum Wage Increase?

Posted on October 06, 2015 by Micheál Collins

As part of next week’s Budget the Government is likely to announce an increase to the statutory Minimum Wage. The increase follows the recommendations of the Low Pay Commission.

The latest NERI Research inBrief estimates some of the effects of the proposed increase in the minimum wage. Specifically, it examines the average impact on the gross pay of minimum wage employees and the overall increase in the level of earnings for these employees.

The key points from the analysis are:

  • 75,000 employees work at the minimum wage.
  • Most are women (65%), most are aged in their 20s and 30s and large proportions of these employees work in sectors such as accommodation and food and wholesale and retail.

Read the full entry »

Permanent link | Categories: GenderIncomeInequalityJobsLabour costsWages

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