National Minimum Wage 2024/25
National Minimum Wage 2024/25. Employee earnings threshold for student loan plan 1. New 2024/25 rates 20 march 2024 as confirmed late last year, the government has accepted the low pay commission’s (lpc).
This is a slight (€0.05) decrease from the 2023/24 rate of €14.80 per hour, but remains significantly above the national minimum. As nmw is divided into two tiers, the minimum wage 16 year old (up to 17) differs from the national minimum wage 2024 18 year old (up to 20).