A Decade of Providing Protection: The Case for Revision of the Australian General Employee Entitlements and Redundancy Scheme

Abstract

This thesis critically analyse the effectiveness and adequacy of the Australian General Employee Entitlements Redundancy Scheme (GEERS) in providing protection for employee entitlements in the event of corporate insolvency. This analysis includes consideration of the scheme's origins, eligibility criteria, coverage of employee entitlements, and method of funding. It surveys national and international alternative models for protection of employee entitlements. In conclusion this thesis makes the case for revision of GEERS and provides the essential elements of a revised scheme.