Solutions for Employees
What is Fair Entitlements Guarantee (FEG)?
The Department of Employment and Workplace Relations administers a fund of government money called the Fair Entitlements Guarantee (FEG) scheme to assist employees when a company is insolvent.
If eligible, FEG payments to employees may include:
- unpaid wages (up to 13 weeks) capped at the FEG maximum weekly wage
- unpaid annual leave
- long service leave
- payment in lieu of notice (up to 5 weeks)
- redundancy pay (up to 4 weeks per full year of service).
The FEG scheme does not cover:
- unpaid employer superannuation contributions. Superannuation claims must be made directly with the Australian Taxation Office.
- reimbursement payments
- bonus or commission payments
Am I eligible for FEG?
Full details of employee eligibility are available here
Note: you will probably not be eligible if:
- you were a contractor or sub-contractor (although contract outworkers in the textile, clothing and footwear industry may be covered under a special scheme for employees in that industry)
- you are or were a director of the company, or, you are or were a spouse or relative of a director of the company
- you converted from contractor to employee with the same employer within the six months preceding the date of liquidation
How to apply and monitor progress of your FEG claim?
Employees can lodge their claims electronically here after 9am Tuesday 3 October 2023.
A hardcopy claim form is available to assist employee creditors to lodge time sensitive claims if our online systems are not available. The hardcopy claim can be found here
FEG Online Services is the best way to monitor your FEG claim. Register here
How long does it take to receive FEG payment?
Up to 4 months is the current processing time. The FEG payment is made direct to the employee.
Need assistance with Solutions for Employees? Chat with our Special Situation Accountants.
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