Oireachtas Joint and Select Committees

Wednesday, 6 July 2022

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Pre-legislative Scrutiny of the Companies (Protection of Employees' Rights in Liquidations) Bill 2021: Discussion

Photo of Matt ShanahanMatt Shanahan (Waterford, Independent) | Oireachtas source

We all want to be sure that workers will not find themselves in such situations again. I also have concerns about competitiveness. I heard Deputy Barry talk about raising the ceiling for employers' PRSI payments. He might like to look across the Continent and say that we are paying a very low rate. This is about competitiveness. If those rates rise, it will reduce our international competitiveness, which is a problem for Ireland Inc. in future. I thank the witnesses for coming in. We need to look at this. Workers' rights and redundancy have to be protected but it must be done in a way that does not damage our international competitiveness ultimately or create a two-tiered situation for those outside the collective process.

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