{"id":410,"date":"2015-10-16T11:55:21","date_gmt":"2015-10-16T10:55:21","guid":{"rendered":"https:\/\/hrteam2.grofuse.com\/?p=410"},"modified":"2022-09-30T11:16:17","modified_gmt":"2022-09-30T10:16:17","slug":"minimum-wage-increase-bad-news-for-employers","status":"publish","type":"post","link":"https:\/\/hrteamservices.com\/en\/minimum-wage-increase-bad-news-for-employers\/","title":{"rendered":"Minimum Wage Increase &#8216;Bad News&#8217; For Employers"},"content":{"rendered":"<p>The 2016 Irish Budget\u2019s increase in the national minimum wage is bad news for employers in Ireland.<\/p>\n<p>The Dublin Government\u2019s move to increase the national minimum wage by 50 cent next year will have serious implications for employers, according to HR Team employment law specialist Martina Cullen.<\/p>\n<h3>NEW MINIMUM WAGE IN IRELAND<\/h3>\n<p>She said: \u201cA 6% increase in the statutory minimum wage from \u20ac8.65 to \u20ac9.15per hour is concerning for employers and will have a negative impact on many Irish businesses.<\/p>\n<p>\u201cThe change which will take effect on January 1 next year will increase overall employment costs in firms with lower paid workers. The move may force employers to shorten the working hours of employees, particularly in sectors such as retail and hospitality.<\/p>\n<p>\u201cThe increase will also be particularly difficult for small businesses which have no potential to pass on such cost increases,\u201d Ms McAuley added.<\/p>\n<p>She said changes to employer PRSI &#8211; although welcome &#8211; would be overshadowed by the amendment of the minimum wage. \u201cThe Budget\u2019s reduction in employer PRSI costs does not go far enough to offset the hike in the minimum wage and as a result some small businesses will have no option but to reduce the working hours of employees, shed staff or shelve recruitment.&#8221;<\/p>\n<h3>NEW PATERNITY LEAVE MEASURES<\/h3>\n<p>Another implication of this week\u2019s Budget for employers is the introduction of new paternity leave measures.<\/p>\n<p>\u201cStatutory paternity leave of two weeks is to be introduced together with a new paternity benefit in respect of births from September 2016. Employers will need to ensure they make the necessary arrangements to meet these requirements,\u201d Ms McAuley added.<\/p>\n<p>Further information for employers on how to handle the minimum wage increase, new paternity measures and other employment law and employee performance solutions is available from HR Team at\u00a0<a href=\"mailto:info@hrteam-ni.com\">info@hrteam-ni.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 2016 Irish Budget\u2019s increase in the national minimum wage <a href=\"https:\/\/hrteamservices.com\/en\/minimum-wage-increase-bad-news-for-employers\/\"> [&#8230;]<\/a><\/p>\n","protected":false},"author":5,"featured_media":2891,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[11,14],"tags":[12,24,27],"class_list":["post-410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all","category-legislation-updates","tag-employment-law","tag-employment-law-uk","tag-minimum-wage"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Minimum Wage Increase &#039;Bad News&#039; 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