Ireland: Employers decide to withdraw from national pay deal
The Irish Business and Employers Confederation (IBEC) announced on 25 November 2009 that it is to formally withdraw from the current national pay agreement, signed in 2008, because of the changed economic circumstances.
A "transitional agreement" within the framework of the "Towards 2016" national social partnership agreement was negotiated by the Government, the Irish Congress of Trade Unions (ICTU) and employers' bodies in September 2008.