Re New Construction Industry Rates of Pay

Connect Union has announced revised pay scales for the construction industry, implemented under SI 207/2023, a development of direct relevance to senior decision-makers. A pivotal change establishes an hourly rate of €16.19 for new entrant operative workers who are over 18 years of age, applicable for their initial two years within the sector. This standardised minimum rate carries significant implications for financial planning and human resource strategies across construction firms. Companies must promptly integrate this new benchmark into their project costing, tender submissions, and overall operational budgets, particularly where entry-level labour constitutes a significant component. The introduction of a fixed two-year rate offers a degree of predictability but also necessitates a strategic review of existing compensation structures to maintain internal equity and ensure competitiveness in attracting new talent. Industry leaders should assess the potential impact on recruitment, retention, and workforce development initiatives, aligning their labour strategies with this new regulatory framework. Proactive adaptation to these statutory adjustments will be crucial for managing compliance, controlling costs, and sustaining operational efficiency in the evolving labour market. Read More