Ó Snodaigh rejects government proposal to cut redundancy rebate to employers
Sinn Féin Spokesperson on Social Protection Aengus Ó Snodaigh TD has rejected government proposals to cut the redundancy rebate to employers.
The Sinn Féin TD joined with small and medium enterprises in condemning the proposal.
He said, “Sinn Féin has always encouraged employers, and particularly those that continue trading, to offer redundancy payments over and above the statutory minimum whenever possible. And to-date good employers have done so.
“There is a real concern that if the redundancy rebate is cut from 60 to 30 per cent then many more people who lose there jobs will be offered the bare minimum and that’s it. Good employers will not be able to afford anything greater. This will increase the hardship suffered by thousands more families in the event of job loss. A cut of this type would in effect take money from the pockets of the unemployed.
“Sinn Féin’s fully-costed pre-budget submission, which we published yesterday, demonstrated that it is possible to close the exchequer deficit without cutting the social protection budget. So this redundancy rebate cut is both unwise and unnecessary.” ENDS