Living wage may be considered by Cabinet by summer recess
In a recent address Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar TD indicated that the Irish Government may be among the early movers in adopting a national, mandatory living wage.
However, he added that a future living wage may be set five years in advance in light of the pandemic related challenges to business and rising costs due to the Ukraine war. Mr Varadkar noted that in the UK, a targeted future living wage rate was set five years in advance which is something that could be done in Ireland. This, he advised, would give companies time to plan, prepare and adjust.
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