Pat Breen (Clare, Fine Gael) | Oireachtas source

The rates provided for in the draft order amount to 2.5% on the rates that have been paid in line with the voluntary agreement about which I have spoken. It has been in place in the sector since July 2016. The last increase provided for in the voluntary agreement took effect on 1 October 2017. There have been three increases - an increase of 2.4% in July 2016; an increase of 2.5% in the craft rate on 1 January 2017 and an increase of 2.4% on 1 October 2017. A further increase of 2.5% will come into play on 1 March. We must remember at all times that these rates were agreed between both parties. It is important to ensure certainty for both workers and their employers. Certainty on wage rates is important when people are applying for loans. This is an important part of the Industrial Relations Act.