The minimum wage increase announced in Budget 2024 will just make it “more and more expensive to eat out” - Galway restaurateur JP McMahon.
The minimum wage increase announced in Budget 2024 will just make it “more and more expensive to eat out”, according to Galway restaurateur JP McMahon.
“I suppose I was just trying to draw attention to the fact that the restaurant model is very labour-intensive,” he said.“If the minimum wage keeps on going up, it's just going to get more and more expensive to eat out.”He said people often complain about how expensive Ireland is compared to European countries like Spain – but warned that Ireland’s minimum wage is now nearly 50% higher than Spain’s.
“People forget that when the minimum wage goes up and that person on the minimum wage gets a rise … the problem is, every single person wants a rise then. You end up, over the course of a year, everybody gets a rise.”Mr McMahon said people will see the price increase in coffee first before they spread to other parts of hospitality.“When labour gets very, very expensive, a lot of restaurants turn towards really cheap food to try and make their money,” he said.
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