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If your company closes? Like if they go out of business? What if they don't have the money?
by mac01021 10y ago
If your company closes? Like if they go out of business? What if they don't have the money?
- kartan 10y ago> What if they don't have the money? I don't know how it is in Japan. But in Spain, there is a fund, paid by all companies, that is used in this situation. It works like a mandatory insurance. If your company goes under, your employees get the money from the fund. The fund name is FOGASA (FOndo de GArantia SAlarial), it means salary guarantee fund.
- marak830 10y agoI don't know the answer to that sorry. It's all pretty confusing haha