the trail to a discount in rights | EUROtoday

Should we scale back the protections granted to employees employed in firms in problem? This is the thorny query raised by the Court of Auditors in a confidential report, revealed by The Chained Duck from Wednesday February 18 and to which The World had entry. The magistrates of rue Cambon in Paris scrutinized the affiliation answerable for managing the wage assure scheme – usually offered below the acronym AGS. Verdict: to make sure “financial sustainability” of the system, measures are crucial which may contain – amongst different issues – the institution of much less favorable guidelines for beneficiaries.

Created in 1973 on the initiative of employers’ organizations, the AGS performs a task of“social shock absorber”in line with the components of the Court of Auditors. It advances remuneration to staff whose firm now not has a penny in money and is the topic of proceedings earlier than the business courts. The system’s sources come primarily from an employer contribution. Governance is exercised by the board of administrators of the AGS affiliation on which a number of actions representing firms sit, together with Medef, which has the casting vote.

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