Redmond, Paul and McGuinness, Seamus (2021) The impact of the 2016 minimum wage increase on average labour costs, hours worked and employment in Irish firms. ESRI Research Series 118 February 2021. UNSPECIFIED.
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Abstract
In 2016, the Irish minimum wage increased from €8.65 to €9.15 per hour. A new ESRI study, funded by the Low Pay Commission, found that the 2016 minimum wage increase led to higher labour costs among firms with more than half of their employees on the minimum wage. However, these types of firms account for just 3 per cent of all firms. Compared to a firm with no minimum wage employees, a firm that pays all of their workers the minimum wage experienced a 5 per cent increase in their average weekly labour costs.
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Item Type: | Other |
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Subjects for non-EU documents: | Countries > Ireland EU policies and themes > Policies & related activities > employment/labour market > labour/labor |
Subjects for EU documents: | UNSPECIFIED |
EU Series and Periodicals: | UNSPECIFIED |
EU Annual Reports: | UNSPECIFIED |
Series: | Series > Economic and Social Research Institute (ESRI), Dublin > ESRI Research Series |
Depositing User: | Daniel Pennell |
Official EU Document: | No |
Language: | English |
Date Deposited: | 04 Aug 2021 10:52 |
Number of Pages: | 54 |
Last Modified: | 04 Aug 2021 10:52 |
URI: | http://aei.pitt.edu/id/eprint/103479 |
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