Chambers Ireland responds to new Statutory Sick Pay measures
"Ensuring that employers are not overburdened with additional obligations is vital for the stability and growth of our economy."
Chambers Ireland has announced its support for the Government’s decision to refrain from introducing additional statutory sick pay measures, a move that would have placed another burden on employers at a time when they are already grappling with rising costs, increased regulatory requirements and a period of unprecedented global uncertain and unpredictability.
Chief Executive Ian Talbot stated, "We appreciate the Government’s recognition of the challenges faced by businesses in the current economic climate. The decision not to introduce additional statutory sick pay measures is a welcome relief for employers who are striving to manage their operations amidst escalating costs, increases in the minimum wage and a series of other new legislative requirements implemented in recent years. This will allow businesses to focus on maintaining their workforce and sustaining their operations during these uncertain times."
Talbot continued, "Ensuring that employers are not overburdened with additional obligations is vital for the stability and growth of our economy."
In addition to welcoming the decision on statutory sick pay, he acknowledged that businesses are preparing for the implementation of auto-enrolment:
"Auto-enrolment is a significant step forward in improving retirement savings for employees. While it presents its own set of challenges, we are committed to working with businesses to ensure a smooth transition and compliance with the new requirements”.
ENDS