Business welcomes announcement on COVID-19 Temporary Wage Subsidy Scheme 

April 15, 2020

Ibec, the group that represents Irish business, has welcomed today’s announcement by Government regarding COVID-19 Temporary Wage Subsidy Scheme (TWSS).

Ibec CEO Danny McCoy said: “The TWSS scheme offers a strong solution for business and workforce continuity. It will continue to play a vital role in enabling the economy to bounce back at the other end of this crisis, helping vulnerable firms to stay afloat and keeping their employees engaged whilst protecting the incomes of individuals.

“While the priority remains the health and safety of society, Ibec reiterates its call for all stakeholders across the economy to help make theCOVID-19 Temporary Wage Subsidy Scheme work, including those employers acting in good faith and doing their best to support employees and preserve their business for the recovery.”