Suggested Approaches to Improving the Financial Security of Employees in the Case

Suggested approaches to improving the financial security of employees in the case of the collapse of their employer include:

A) promoting compulsory, private self-insurance schemes for individuals so that they will be covered in the case of company failure.
B) providing stronger government funding for unions so they can act as a financial support for members who become unemployed by corporate failure.
C) creating a sub-committee of cabinet to oversee the raising of funds and investment of these funds to provide a special needs fund for employees who are severely financially affected by the collapse of their employer.
D) the establishment of central funds, either in the form of government-backed compulsory insurance or a trust to which it is compulsory for employers to contribute, from which employee entitlements could be paid in the case of corporate collapse.

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