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

Ms Dara Breathnach:

I am not sure. We are pretty okay in these terms. We certainly look for collective redundancy notifications at a lower level than many other EU countries so we have perhaps a little more of a picture of what is going on. Our protections, because they are directive-derived, are broadly comparable with most jurisdictions. Our redundancy payments, for example, are a little more generous than they are in rather a lot of EU jurisdictions. I would put us certainly in the front half of the pack.