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.
Correct Answer:
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