The Employment (Collective Redundancies and Miscellaneous Provisions) and Companies (Amendment) Bill 2023 has passed all stages in the Seanad and will now proceed to the President to be signed into law.
The Bill will amend the Protection of Employment Act 1977, which governs collective redundancy rules. These amendments will enhance transparency for employees of employers who become insolvent and will expand the avenues of redress available to all employees in a collective redundancy scenario should their employer fail to comply with these rules.
The Bill will also amend the Companies Act 2014 to improve the quality and circulation of information to workers as creditors and ensure remedies for transactional avoidance are more accessible to creditors.
A new statutory Employment Law Review Group will be established to advise the Minister on all aspects of employment and redundancy law to ensure that it is fit for purpose.
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