PPRuNe Forums - View Single Post - Private equity take-over for Virgin Australia?
Old 23rd Apr 2020, 10:42
  #184 (permalink)  
Icarus2001
 
Join Date: Dec 2001
Location: Brisvegas
Posts: 3,886
Likes: 0
Received 246 Likes on 106 Posts
What happens to all the staff entitlements? For example leave, LSL and sick leave? Has all that just disappeared suddenly?
Certainly not. Sick leave is non preserved, as mentioned above, if you resign you do not get to take that with you but the rest will either be paid by a version of VAH as part of the DOCA or if they liquidate and cannot pay then the FEG applies.

https://www.ag.gov.au/industrial-rel...s/default.aspx

You may be able to claim:
  • your unpaid wages—up to 13 weeks
  • your unpaid annual leave and long service leave
  • payment in lieu of notice—up to five weeks
  • redundancy pay—up to four weeks per full year of service.
Icarus2001 is offline