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National Minimum Wage

Dáil Éireann Debate, Thursday - 13 July 2017

Thursday, 13 July 2017

Questions (235)

Ruth Coppinger

Question:

235. Deputy Ruth Coppinger asked the Minister for Finance the cost of introducing a minimum wage of €15 an hour for all employees under the aegis of his Department; and if he will make a statement on the matter. [34542/17]

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Written answers

In response to the Deputy's question, I have been advised that of the 18 Bodies under the Aegis of my Department, 6 would have a cost of introducing a minimum wage of €15 per hour for all employees. The information provided by the relevant bodies is listed in the following table:

Body

Cost of introducing a minimum wage of   €15 an hour for all employees under the aegis of his department

Comptroller and Auditor General

€76,769

Central Bank

The impact of the introduction of minimum wage of €15 per hour for all Central Bank of Ireland employees on Basic pay is an additional c.€107k annually. In addition, and reflecting PRSI & Pension add on costs the total impact would be c. €135K annually

Irish Fiscal Advisory Council

The cost of introducing a minimum wage of €15 an hour would be €206.76 a week. This only arises for the duration of two six-week contracts. The total cost for 2017 would be €1,240.56

National Treasury Management Agency

€3,575

Office of the Revenue Commissioners

€10,500,000

Tax Appeals Commission

c. €23,000

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