Unlock the Power of Online Signature Licitness for Paid-Time-Off Policy in Australia

How to eSign a document: online signature licitness for Paid-Time-Off Policy in Australia

hi I'm Luiza Suja bath a liquidator and a trustee in bankruptcy if you're a director who might need to put their company into liquidation you might have heard that there's a federal government scheme that pays certain employee entitlements of certain eligible employees if their employer which might be your company goes into liquidation it's called the fair entitlements guarantee sometimes abbreviated to FEG or fig so what does it pay in the event of the liquidation or bankruptcy of someone's employer it can pay up to 13 weeks of unpaid wages unpaid annual leave unpaid long service leave unpaid pay in lieu of notice of up to 5 weeks and redundancy pay of up to 4 weeks per full year of service who does it potentially pay this for it pays it for eligible employees which means they need to be an Australian citizen or a holder of a permanent visa or other eligible type of visa what doesn't it pay it doesn't cover superannuation for your employees and it doesn't pay them their sick leave who is not covered directors and their relatives are not covered by these payments and certain types of employees on other visa classes might not be eligible either what do you want to do if you want to find out more information about if your employees might be covered by this if you have to put your company into liquidation you can reach out to me or you can do an internet search for FEG and look up the fear entitlements guaranty