Employers ‘waiting 8 months’ for redundancy rebates

ISME has claimed employers are being forced to wait up to eight months to receive redundancy rebates from the state, even though the normal waiting period is just 4-6 weeks.

The organisation, which represents small and medium enterprises, blamed the Department of Enterprise, Trade and Employment for the excessive delays, describing the eight-month waiting time as “punishing”.

It pointed out that under the Redundancy Payments Acts employers may reclaim 60% of the redundancy paid to employees from the Social Insurance Fund, which is directly funded by employers’ PRSI contributions.