A new SEO for the construction industry came into effect on 18th September 2023 and provides for the following minimum rates of pay and pension contributions:
Hourly Rate of Pay
Categorically of Worker
€21.49
Craft Worker
€20.86
Category A Worker
€19.35
Category B Worker
€15.64
New Entrant Workers
Apprentice rates
Year 1 – 33.3% of Craft Worker rate
Year 2 – 50% of Craft Worker rate
Year 3 – 75% of Craft Worker rate
Year 4 – 90% of Craft Worker rate
Weekly Amount
Employer
Employee
Total
Pension Contribution
€29.78
€19.87*
€49.65
Death in Service
€1.17
€1.17*
€2.34
Sick Pay Contribution
€1.27
€0.63
€1.90
*Employee Pension and Death in Service Contributions qualify for income tax relief.
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