NATIONAL MINIMUM WAGE INCREASE 2017

From 1 January 2017 the National Minimum Wage will increase to €9.25 per hour.

The changes in National Minimum Wage are represented in the table below.

[table id=13 /]

For the purposes of the Act, the following payments are regarded as wages:

1. normal basic pay, as well as any overtime

2. shift allowances or other similar payments

3. any fee, bonus or commission

4. any holiday, sick or maternity pay

5. any other return or payment for work (whether made under the contract of employment or otherwise),

6. any sum payable to an employee in lieu of notice of termination of employment.

The following payments are not regarded as wages:

1. any payment of expenses incurred by the employee in carrying out his/her employment

2. any payment by way of a pension, allowance or gratuity in connection with the death, retirement or resignation of the employee or as compensation for loss of office

3. any payment referable to the employee’s redundancy

4. any payment to the employee otherwise than in his/her capacity as an employee

5. any payment in kind or benefit in kind.

For further information or assistance with processing your payroll, please call Niall on +353 42 933 9955 or email niallclarke@fdw.ie.

#2016