Wages

Private sector unions ‘should seek pay hikes of 4% to 6%’ this year

The Irish Congress of Trade Unions said pay rises at that level are “appropriate” for private sector workers

Owen Reidy of Ictu. Picture: Bryan Meade

Unions negotiating on behalf of workers in the private sector should seek to secure pay rises of between 4 and 6 per cent this year, according to the Irish Congress of Trade Unions (Ictu).

Economic forecasters are predicting an inflation rate of around 3 per cent this year, but Owen Reidy, the general secretary of Ictu, said there is a need for wages to catch up due to spiking inflation rates over the past two ...