you can lodge your annual leave balance with receiver. They will work it out how much to be paid over creditors.
Annual leave is part of proof of debt form. You might get $3. for one day leave (take for example) in the event company's assets are liquidated by the receiver in a year time. 作者: 包不同 时间: 2020-4-9 13:13:36
not all companies have some funds available at the time of receivership.
Especially companies on high debt, rent arrears, plenty of creditors, no property.
So, some workers don't get much out of it.
Yeah, depending on luck, and some bosses will pay workers first before going into liquidation (At least, they still think of the workers first).
Some workers have family to feed, mortgages to pay and have been with the companies through the darkest day. This unexpected event is breaking once a healthy company.