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ARTICLE · 08 JUNE 2020

Applications For Netherlands Job Retention Scheme Extended To 5 June

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The Netherlands temporary emergency scheme for job retention (NOW) provides compensation for the wage costs of employers who expect a loss of turnover of at least 20% over a period...

NetherlandsEmployment and HR
Jasper Pot (Bronsgeest Deur Advocaten)
Jasper Pot (Bronsgeest Deur Advocaten)

The Netherlands temporary emergency scheme for job retention (NOW) provides compensation for the wage costs of employers who expect a loss of turnover of at least 20% over a period of three consecutive months. On 20 May last, the Minister of Social Affairs and Employment (the 'minister') sent two letters to parliament. In one letter, the minister announced several changes and additions to NOW 1.0. The other letter to parliament announced that the NOW scheme will be extended by an additional period of three months. The second instalment of the NOW scheme (NOW 2.0) will immediately follow NOW 1.0 and provides for the compensation period 1 June to 31 August 2020.

In this article we will discuss the changes to NOW 1.0. Click here for the article discussing NOW 2.0.

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