Dáil Éireann Debate, Wednesday - 6 March 2024
77. Deputy Catherine Murphy asked the Minister for Enterprise, Trade and Employment the number of exit and or severance and or redundancy packages granted by his Department, and bodies under his aegis, and of bodies he funds in full or in part, of €200,000 and above in the years 2019, 2020, 2021, 2022, 2023 and to date in 2024; and if he will provide the amount of same, body, name and year. [11012/24]
View answerMy Department has not paid severance or redundancy in excess of €200,000 in the years specified by the Deputy.
Regarding the Agencies under the remit of my Department, with the exception of Enterprise Ireland, no agencies have paid exit, severance or redundancy payments of €200,000 or greater in the years specified by the Deputy.
Enterprise Ireland has paid exit, severance, or redundancy packages were paid in relation to our operations in Ireland.
In countries such as the UAE, Qatar, India, China, South Korea and Saudi Arabia, there are provisions for statutory benefits, payable on exit, related to local service in those jurisdictions. Since 2019, there has been one instance of a statutory benefit, paid on retirement, in excess of €200,000. This payment, which is detailed below, related to an individual with long service, in excess of 35 years, which was payable upon their retirement. This was an end of service payment in line with local legislative requirements, with no discretionary element.
|
Agency |
Role |
Euro Equivalent |
Year |
|
Enterprise Ireland |
Senior Market Adviser Overseas Role |
€305,505 Statutory benefit arising from over 35 years of service |
2020 |
