Minimum Wage 2024 Ireland Impact. The minimum wage will increase by €1.40 to €12.70 per hour from january 2024, increasing wage costs for small businesses. Since 4 march 2019 trainee rates have been abolished.

The industry body representing food and drink producers here is warning that businesses are facing a jump in input costs in the new year because of the soon to be. Ireland will increase its minimum wage to 12.70 eur per hour on 1 january 2024.