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ARTICLE · 11 JUNE 2020

The Netherlands Extends Its Coronavirus Job Retention Scheme: How Does It Work?

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The Netherlands has announced a second phase of its corona crisis job retention scheme, NOW. This article provides details of NOW 2.0.

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

The Netherlands has announced a second phase of its corona crisis job retention scheme, NOW. This article provides details of NOW 2.0.

The Temporary emergency scheme for job retention (NOW) in the Netherlands 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 announced that the NOW scheme will be extended by an additional period of three months. The second instalment (NOW 2.0) will immediately follow the NOW 1.0 and provides for the compensation period from 1 June to 31 August 2020.

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