Retail Excellence Ireland: Focus on cost of living not living wage

A group representing the retail sector says Ireland's cost of living should be addressed before a 'living wage' is considered.

A group representing the retail sector says Ireland's cost of living should be addressed before a 'living wage' is considered.

Retail Excellence Ireland is reacting to comments from the Tánaiste and Social Protection Minister Joan Burton, who wants employers to sign up to a 'living wage' agreement as the economy begins to grow again.

She thinks people would gain more spending power and become better able to leave welfare behind.

However, CEO of Retail Excellence Ireland Sean Murphy says, while it may be a popular idea, it is not the way to go.

Mr Murphy said: "I think we're going to hear a lot more about it, it does sound like a positive sound bite, but the fundamental issue is, if we can reduce what is taken from people's wages, then it's cost of living.

"Focus on cost of living and then people can live properly, not living wage per se, in our view."

more courts articles

Laurence Fox ordered to pay €210,000 in libel damages Laurence Fox ordered to pay €210,000 in libel damages
Former DUP leader Jeffrey Donaldson arrives at court to face sex charges Former DUP leader Jeffrey Donaldson arrives at court to face sex charges
Case against Jeffrey Donaldson to be heard in court Case against Jeffrey Donaldson to be heard in court

More in this section

The European Central Bank skyscraper in the city of  Frankfurt Main, Germany ECB firmly behind June rate cut but views diverge on July
Tesla cancels its long-promised inexpensive car Tesla cancels its long-promised inexpensive car
Net zero Profits plummet at battery-maker LG Energy amid EV slowdown
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
ie logo
Puzzles Logo

Play digital puzzles like crosswords, sudoku and a variety of word games including the popular Word Wheel

Lunchtime News
Newsletter

Keep up with the stories of the day with our lunchtime news wrap.

Sign up
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited