From www.rsm.global: The Fair Entitlements Guarantee (FEG) provides financial assistance to employees who lose their jobs due to corporate insolvency, covering unpaid wages, annual leave, long service leave, notice pay, and redundancy pay, but not unpaid superannuation.

To be eligible, employees must meet specific criteria and lodge a claim within 12 months of losing employment.

The challenges in managing FEG claims include accessing employer records and verifying employee entitlements.