Written answers
Thursday, 13 July 2017
Department of Finance
National Minimum Wage
Ruth Coppinger (Dublin West, Solidarity)
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235. To ask the Minister for Finance the cost of introducing a minimum wage of €15 an hour for all employees under the aegis of his Department;; and if he will make a statement on the matter. [34542/17]
Paschal Donohoe (Dublin Central, Fine Gael)
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In response to the Deputy's question, I have been advised that of the 18 Bodies under the Aegis of my Department, 6 would have a cost of introducing a minimum wage of €15 per hour for all employees. The information provided by the relevant bodies is listed in the following table:
| Body | Cost of introducing a minimum wage of €15 an hour for all employees under the aegis of his department |
|---|---|
| Comptroller and Auditor General | €76,769 |
| Central Bank | The impact of the introduction of minimum wage of €15 per hour for all Central Bank of Ireland employees on Basic pay is an additional c.€107k annually. In addition, and reflecting PRSI & Pension add on costs the total impact would be c. €135K annually |
| Irish Fiscal Advisory Council | The cost of introducing a minimum wage of €15 an hour would be €206.76 a week. This only arises for the duration of two six-week contracts. The total cost for 2017 would be €1,240.56 |
| National Treasury Management Agency | €3,575 |
| Office of the Revenue Commissioners | €10,500,000 |
| Tax Appeals Commission | c. €23,000 |
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