In 2018, the Irish government reached a new national wage agreement with trade unions and employers, marking the first such agreement since the economic downturn of 2008. The agreement, which covers the period from 2018 to 2020, includes significant increases in minimum wage rates and a commitment to addressing pay inequality.
Under the agreement, the hourly minimum wage in Ireland was increased by 25 cents to €9.80, with the expectation that it would reach €10.50 by 2021. The agreement also includes a commitment to address the issue of low pay in sectors such as retail and hospitality, where many workers are paid minimum wage or just above it.
In addition to the minimum wage increase, the agreement includes provisions for pay increases for workers in specific sectors, such as healthcare and local government. These increases are aimed at addressing the issue of pay inequality, which has been a significant concern in Ireland in recent years.
The national wage agreement also includes a commitment to increase the number of apprenticeships and to improve access to training and education for workers. This is seen as a key aspect of addressing the skills gap in the Irish economy and ensuring that workers are equipped to meet the demands of a rapidly changing job market.
Overall, the national wage agreement of 2018 represents a significant step forward for workers in Ireland. It addresses key issues around minimum wage rates, pay inequality and access to training and education, and will provide greater security and stability for workers in a challenging economic climate.