National Minimum Wage will increase on 1st of February 2020

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National Minimum Wage is due to increase on 1 February 2020.

This rise is 30 cent which will bring the hourly rate from €9.80 to €10.10.

Note for Employers:

In order to ensure that the increase in the minimum wage does not result in employers attracting a higher level of PRSI charge solely due to this increase, the employer PRSI threshold will increase from €386 currently to €395 from 1 February 2020.

More information can be found here.

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