I propose to take Questions Nos. 196 and 198 together.
As part of the conditions of an employment grant from the IDA, an applicant company must create a certain number of permanent full-time positions. It should be noted, in this context, that the average annual salary of jobs in IDA Ireland client firms is currently €48,406, which evidences the high-quality of those positions.
In order to draw down grants from the Agency, the client company in question must meet the performance targets that are stipulated in the underlying contract between the firm and the IDA. Such contracts also provide that jobs supported by an IDA employment grant must remain in place for five years from the date of the last payment. If that is not the case, the client company is required to repay the grant on a pro rata basis for non-performance.
While the IDA's grant agreements do not contain specific reference to employment legislation, the Agency's client companies are of course required to adhere to the relevant legislation as is the case with all employers operating in the State.