Irish hospitality businesses struggle with rising costs, minimum wage hike, risking black market growth.

The Irish hospitality industry is under financial strain due to rising costs and an upcoming minimum wage increase to €13.50 per hour in January 2025. As a result, some businesses are resorting to cash-in-hand payments to cope, risking the growth of the black market. The industry is also adopting staffing agencies and automation to manage costs and sustain operations amid venue closures.

November 27, 2024
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