Oireachtas Joint and Select Committees

Wednesday, 23 October 2024

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

General Scheme of the Protection of Employees (Employers’ Insolvency) (Amendment) Bill 2024

9:30 am

Photo of Richard BrutonRichard Bruton (Dublin Bay North, Fine Gael) | Oireachtas source

Could an employer who discovers that they cannot pay, but wants to process the thing, trigger this process which would be private and only between themselves and their employee, instead of having it the other way around, where the employee has to trigger this? As Deputy O'Reilly said, there is something of a burden in that and there is probably a psychological issue for people. Could an employer who wanted to do the best by everyone have some sort of a process which would not involve them going through a personal insolvency arrangement?

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