AGS exists to help companies get back on their feet and to protect their employees when they are unable to pay the amounts owed to them under their employment contract.
In practical terms, when insolvency proceedings are opened, AGS intervenes to guarantee the payment of unpaid wages, redundancy payments and other employee claims. This is an advance, which is recovered by the scheme depending on the available assets.
To help the company bounce back, preserve the economic fabric and maintain jobs.
To enable employees to quickly receive the sums owed to them so that they can get back on their feet.
It is in this context that AGS honours employee payments as quickly as possible and works to recover the funds paid to maintain the scheme’s financial balance.
The sums paid by AGS must support employees in their efforts to find a new job quickly. AGS is also very active in managing labour disputes, to ensure that employees’ rights are applied fairly.
AGS provides support for companies in difficulty and their employees. By also taking concerted action in the fight against social fraud, it also supports players contributing to maintaining national solidarity.
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