Oireachtas Joint and Select Committees
Wednesday, 16 February 2022
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Development of Indigenous Irish Enterprise: Discussion
Mr. Leo Clancy:
We would have to consider what is appropriate for us in the context of legislation. We could not impose those limitations unless there was a solid legislative basis on which to do so.
While pay is not the only determinant of workers' rights, pay in Enterprise Ireland-supported companies is significantly above the average in the economy – it is €52,000 on average versus the Central Statistics Office-reported average of €44,000. We feel that our clients are good employers. As the Deputy mentioned, pay is not the only determinant, but it is a substantial one. We would be happy to have a further conversation with her on this matter offline, as she has suggested.