SBP-7thSept: Rising minimum wage will cost thousands of jobs

corkie

By Ian Kehoe
During negotiations for the latest partnership agreement earlier this year, the government agreed to increase the national minimum wage by 65 cent to €7 an hour.

The new rate comes into effect in February and will be the third increase since the minimum wage legislation was introduced in April 2000.
Pat Delaney, director of the Small Firms Association, still maintains that the wage is having an adverse effect on the Irish economy. According to Delaney, any increase in wages should be based on enhanced productivity, not government intervention in the market.

"We have always said that we want a high-skilled, high-paid Irish economy," said Delaney. "But we want this to be based on productivity, not government intrusion.

"It is not practical to suggest that an employer can increase the wage levels for staff without an increase in productivity. In order to have a sustainable economy, wages must be based on market forces, through supply and demand."

This one big invitation for a user with a nick that starts with D to come in and rant!

But the level of greed by employers, and mistreatment of staff in Ireland is still very High. Most people believe in the Mith that if your unvarily dismissed from a Job. Or leave because the circumstance in the Job, no longer make viable to work their.

That too take out an Unfair dismal case, will greatly reduce your chance of finding more work.
The employers in Ireland have had it so easy for so long. They think that goverment and Tax Payer should bare all the burden.

In a recent survey by the Small Firms Association, 26 per cent of its members viewed the minimum wage as a major problem to their business.

Also this story goes on to compare the minium wage in other countries, but with out reflecting the true cost to live in them countries.

Ireland has become the one the most expensive countries to live and work, because of co-operative greed.

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sceptre

Looks like Mr Delaney has moved back into idiot mode. Nice one Pat, you're a liability to the SFA.

Typedef

Yeah gosh, it's such a pity, those small employers, who keep getting done, by a government which just happens to be an err... PD coalition.

*sarcasm incidental

Paddy20

All employers have a moral duty to pay their employees a decent minimum wage. If they genuinely can not afford the cost, then they should close down. Thats business!.

P.

Capt'n Midnight

a) One thing people forget about is that money put in the hands of the poorly paid goes back into the local economy fairly quickly.

b) Tax breaks and other measures for the better are much more likely to get saved or spent abroad or imports and so don't really help everyone.

Since most of the money spent by a) ends up in the pockets of b) shopkeepers, tradesmen, etc. etc. you might as well let those on minimium wage have it for a week or two.

Also increasing the minimum wage may reduce the need/actractiveness for a black economy.

NOTE: if it is minimum way - why is it taxed ?