Minimum Wage in 2024
An increase of more than 12 per cent in the minimum wage for 2024 was recommended by the Low Pay Commission. It was agreed by the Government in Budget 2024 . The change will mean an increase of €1.40 an hour on the previous rate of €11.30, taking it to €12.70 per hour .
- The 2024 minimum wage for someone aged 20 or more is €12.70 per hour from January 1st 2024.
- For 19-year-olds the minimum hourly wage in 2043 is €11.43
- For 18-year-old workers the minimum wage rate in 2024 is €10.16
- For workers under 18 the rate is €8.89 in 2024
The minimum wage is expected to rise to €13.50 an hour in Jan 2025
Minimum Wage in 2023
The minimum wage in Ireland was €11.30 an hour in 2023. This was an increase of 80c per hour from 2022 rates.
- The 2023 minimum wage for someone aged 20 or more was €11.30 per hour from January 1st 2023.
- For 19-year-olds the minimum hourly wage in 2023 was €10.17
- For 18-year-old workers the minimum wage rate in 2023 was €9.04
- For workers under 18 the rate was €7.91 in 2023
The Minimum Wage in Ireland in 2022 was €10.50 per hour.
MORE details of the Minimum Wage in Ireland 2022.
Take Home Pay on the Minimum Wage in Ireland
How Much Does Someone on the Minimum Wage Earn?
Someone aged 20 or more earning the Minimum Wage in Ireland in 2024 of €12.70 per hour , working full time (39 hours a week) will earn :-before deductions of Income Tax , USC and PRSI .)
- €25,755 in a year.
- This is equivalent to €2146 per month
- or €495 a week
The total deductions in 2024 (full year) will be €2228 – made up of
- Income Tax : €1401
- PRSI €1037
- USC €335
After deductions – in 2024 the take-home pay for a full-time single worker on the €12.70 minimum wage is :-
- €22,982 a year
- €1915 a month
- €442 a week.
(For comparison- someone on Jobseekers will get €232 a week or €12064 a year – plus help with rent and fuel too.)
If you think your employer is not paying you the minimum wage you should contact the Workplace Relations Commission, O’Brien Road, Carlow.
Tel – (059) 917 8990
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