Dáil debates
Tuesday, 25 March 2014
Companies Bill 2012: Report and Final Stages
7:05 pm
Peadar Tóibín (Meath West, Sinn Fein) | Oireachtas source
There is serious exposure of employees right through the system. We have seen a plethora of employees in recent years having to fight very hard to ensure they get their entitlements. These amendments seek to ensure that workers who have expended their energies, brain power and efforts to make a profit for a company or business are protected. They would be protected using the mechanism outlined in the amendments. It would be a policy objective of the Government to ensure that employees are fully protected in every case. It would also be a policy objective of the Government to reduce the State's exposure to potential shortfalls in the context of redundancy and insolvency. Unpaid remuneration in these times of contraction is all too common. I would urge the Minister of State to reconsider these amendments.
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