Who Gains from a Minimum Wage Increase
As part of Budget 2016 Government is likely to announce an increase to the statutory Minimum Wage. The increase follows the recommendations of the Low Pay Commission.
This Research inBrief summarises the results of a recent NERI research paper (July 2015) which profiled those who are on the minimum wage.
Based on that profile, the document also 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 inBrief complements a recent NERI Working paper which is available here: Collins, M.L. (2015), ‘A Profile of those on the Minimum Wage’ NERI Working Paper, 2015/27. Dublin, NERI.