It will have gone from 9.80 an hour in 2019 to 13.70 in 2025 I think
I am absolutely not against minimum wage employees being treated fairlyâŚbut that is a phenomenal hike in pay that small business have been asked to carry along with rates increases, electricity costs going up, interest rate rises etc
The risk is a lot of these minimum wage employees will end up on social welfare when the level of businesses closing increases
It isnât really. We should the keep everything cheap and
Wages low. Instead of wages high and everything expensive.
Iâd say Ireland could start getting a lot more expensive too. Itâs a safe place. No real severe weather, no wars and we idolise the wealthy. Itâs a very safe place for somebody with money.
The original point in all of this was businesses are closing because labour costs, as well as other costs have gone through the roof. Is making minimum wage jobs unsustainable a good plan?
That simpleton thinks small businesses who are just about getting by arenât going to pass on the rise in wages
Bigger businesses will too but not to the same degree.
Without meaningfully tackling the cost of goods / materials / foods / rents / gas and lecky⌠then small rises in minimum wage dont really serve anyone
My Mrs works in a type of place (drapery/ department store) that would by and large pay minimum wage, but they donât. They pay a bit higher and each time the government increases, they increase a little higher to get them to a cost of living wage or closer to it anyway.
How do they do it? Theyâre a family business. The father, the mother (divorced as it turns out from each other) and the daughter all work there as well. They spend about six days each a week working there and run a tight ship. Theyâve plenty of staff but donât overstaff.
They wonât be closing down over increasing their staffâs wages. Bigger competitors came into town and they fought them off.