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Post by account_disabled on Dec 27, 2023 4:16:12 GMT -6
By Royal Decree 5051985, on the Organization and Operation of the Wage Guarantee Fund. The Fogasa is a salary insurance that was implemented through a government initiative that assumes the responsibility of paying certain labor credits when the employer (and obliged to make the remuneration effective) is not solvent. Funds are obtained from companies. Among the functions that Fogasa assumes, the most important and recognized is that of paying workers the amount of wages that the company owes them, either due to insolvency or bankruptcy. In order for the Salary Country Email List Guarantee Fund to pay these debts, the amounts must be recognized as due in a conciliation act or through a judicial resolution, according to: Payroll in money. Kind (limit of 30% of remuneration in kind). Processing salaries (with a limit of 3 times the minimum interprofessional salary and 150 days of salary for this concept). Indemnities for termination of contract due to non-payment of wages, non-compliance by the employer with labor regulations or labor discrimination (at the request of the worker). Compensation in collective dismissals.
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