On 16th November 2022, the government approved a plan for a new national Living Wage to be introduced. The living wage rate will be phased in over a four-year period beginning January 2023.

The first step will see the current minimum wage increase to €11.30 per hour from 1st January 2023. It has been agreed that the living wage rate that will be introduced in 2026 will be set at 60% of the hourly median wage in Ireland. It is estimated that 60% of the hourly median wage in Ireland would equate to €13.10 per hour in 2023

Change from 1st January 2023

From January 1st the minimum wage will increase by 80c per hour from €10.50 to €11.30 for those aged 20 and over

Rates for other workers will be as follows

The national minimum wage will remain in place until the National Living wage is fully phased in 2026. The minimum wage rate will increase between now and 2026 clsosing the gap between the minimum and the living wage