Oireachtas Joint and Select Committees
Wednesday, 31 May 2023
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
General Scheme of the Plan of Action on Collective Redundancies following Insolvency Bill 2023: Discussion
Louise O'Reilly (Dublin Fingal, Sinn Fein) | Oireachtas source
Yes, but that does not really matter. There is a collective agreement, workers have gone through the process and balloted on it. They get held to every line of it, including the compromise parts, in the run-up to a redundancy but I appreciate the point Ms O'Dea makes.
I have a question relating to the fines, some of which are quite small. There is a fine of €5,000 for a failure to consult or for a failure to notify the Minister but a fine of €250,000 where redundancies take place before the end of the 30-day consultation period. A fine of €5,000 is not massively dissuasive. Was consideration not given to some figure that would cause people to think twice? A fine of €5,000 does not seem serious.
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