The Government has approved the Sick Leave Bill 2022. Once signed by the President, it will become law.
For employers, this will cost them time and money if they don't have a sick pay scheme already in place. If the employees have 13 weeks of continuous service and provide a medical certificate, they will be entitled to 70% of pay subject to a max of €110 daily limit. This limit has been put in place to reduce the high costs that come with this new bill, as many sectors will still need to employ replacement staff.
| year one | 3 days covered |
| year two | 5 days covered |
| year three | 7 days covered |
| year four | 10 days covered |
For companies that have a more favourable sick leave scheme, then the Act will have no implications
Prospective employers will need to record employees' period of employment, dates of statutory sick leave for every employee and the rate of statutory sick leave payment for each employee. Failure to maintain accurate records may lead to a conviction and fine.
Forvis Mazars M&A team is delighted to have acted as corporate finance adviser on HC Financial’s sale to NFP. HC Financial is one of Ireland’s largest financial planning & advisory firms and the transaction marks a key step in NFP’s ongoing expansion in Ireland.
Enterprise Ireland’s (“EI”) remit is to accelerate the development of world class Irish companies to achieve leading positions in global markets. Our clients, employing over 220,000 people across Ireland, make a significant contribution to the Irish economy.
The following article featured in The Business Post 'Looking West for business growth' special report on 25 October 2024. Audit & Assurance Partner, Maurice Hickey, gave his insights on the evolving business landscape in the west of Ireland.
An efficient outsourcing partner that gives the freedom to focus on your business priorities.
Payroll is one of the core functions of every business – we deliver reliable, efficient and cost-effective payroll services in a compliant and secure manner.
Experienced accountants providing integrated support to your accounting and finance team.
Dedicated expert support for your internal teams when you need it most.
An integrated team to help you navigate the complexities of global regulation
This website uses cookies.
Some of these cookies are necessary, while others help us analyse our traffic, serve advertising and deliver customised experiences for you.
For more information on the cookies we use, please refer to our Privacy Policy.
This website cannot function properly without these cookies.
Analytical cookies help us enhance our website by collecting information on its usage.
We use marketing cookies to increase the relevancy of our advertising campaigns.