Oireachtas Joint and Select Committees

Tuesday, 24 February 2015

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Low Pay and the Living Wage: Discussion

1:30 pm

Dr. Micheál Collins:

Very quickly to respond to Deputy Lyons's comments. I just wanted to link it to the living wage benchmark. One of the reasons it was developed was to provide a figure that shows how much employees need to earn to be able to cover all of their costs and to have a decent standard of living. When they earn below that figure they are making cutbacks and so on.

That figure is very useful in pointing towards sustainability or the challenges employees face when they are on below the living wage, struggling and having to make cuts. That is one of the main purposes of establishing the figure.

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