Mary White (Fianna Fail) | Oireachtas source

I move amendment No. 24:

In page 8, line 16, after "persons" to insert ", one of whom shall be a person currently managing a small to medium sized enterprise".

I wish to discuss the rationale for amendment No. 24. It is imperative that at least one member of the Low Pay Commission should have a precise understanding of the interests and needs of small to medium sized businesses and a strong knowledge of the issues faced by these businesses on a day-to-day basis. The rebuilding of the Irish economy over the coming year will depend heavily on the small and medium enterprise sector. These companies are the backbone of the economy, constituting 99% of all businesses in Ireland and employing more than 800,000 people. Their ability to succeed and grow underpins Ireland's future potential for jobs, growth and prosperity. Despite the wide diversity within the small and medium enterprise sector, the issues facing the sector are very similar. The Taoiseach has expressed a desire that Ireland would become the best small country in the world in which to do business. The reality for many small business owners is far from this truth. Given the very challenging and changing environment still facing all small businesses and the fragile nature of Ireland's economic recovery, it is imperative that at least one member of the Low Pay Commission has first-hand experience of managing a small to medium sized enterprise.