Employees working for an insolvent company will have to be given at least 30 days’ notice of redundancy, under new legislative reforms to be introduced by the Government.
The proposal is part of a new Department of Enterprise, Trade and Employment Action Plan to boost the rights of employees hit by insolvency – an issue highlighted in recent years by the controversial closures of Clerys and Debenhams.
At present, collective redundancies cannot take effect until after a statutory 30-day period of notification to employees.
However, this does not apply to collective redundancies triggered by insolvency – due to an exemption in Section 14 (3) of the Protection of Employment Act 1977.
The Government is now planning to remove that exemption…
Read the full article at: https://www.rte.ie/news/business/2021/0512/1221259-redundancy-reforms/
