Oireachtas Joint and Select Committees

Wednesday, 22 June 2022

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

European Works Councils and Related Irish Legislation: Discussion

Mr. Tom Hayes:

Yes, I think some of the Radtke proposals are for the birds. I will give an example. He wants to see fines for breach of information and consultation obligations of 4% of global turnover. We should remember that, ultimately, all an EWC can do is offer an opinion. A fine of 4% of global turnover for a company such as Amazon would be €18 billion for an alleged breach of an information and consultation procedure where, for example a breach of the GDPR would come nowhere near that.