On 9 December 2020, the Dutch government announced that the Third Emergency Bridge Measure for Conservation of Work (Derde Tijdelijke Noodmaatregel Overbrugging voor Werkbehoud) (the NOW 3), which consists of three phases between October 2020 and June 2021, will not be augmented for the second phase. NOW 3 is a scheme that provides for compensation to employers of wage costs in the event of significant (20/30%) turnover loss compared to the year 2019 due to Coronavirus Disease 2019 (COVID-19).

Continue reading the full GT Alert, “Dutch Labor, Employment, and Pensions Update.”

Tags: GT Insight, labor and employment, pensions
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Photo of Thomas Timmermans Thomas Timmermans

Thomas Timmermans advises and represents national and international clients across a broad range of employment and employee benefits issues. His experience includes corporate governance, dismissals, large restructurings, employee representation, employee benefits (including remuneration within financial institutions), strategic employment issues and cross-border corporate law-related…

Thomas Timmermans advises and represents national and international clients across a broad range of employment and employee benefits issues. His experience includes corporate governance, dismissals, large restructurings, employee representation, employee benefits (including remuneration within financial institutions), strategic employment issues and cross-border corporate law-related employment matters. Within these areas of law, Thomas has particular knowledge and experience in the field of board member terminations, outsourcing/transfer of undertakings (TUPE), works council consultation procedures, and incentives.

Thomas is active in the Dutch Association of Employment Lawyers (VAAN), the Dutch Association of Pension Lawyers (Vereniging van Pensioenjuristen), the Dutch Association of Employment Law (VvA) and the Association of Employment Lawyers Amsterdam (VAAA).

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Photo of Iza van Erkel Iza van Erkel

Iza van Erkel advises and represents national and international clients across a broad range of employment and employee benefits issues. Her experience includes dismissals, large restructurings, transfer of undertaking (TUPE), employee representation (works council and trade union consultation), employee benefits (including remuneration within…

Iza van Erkel advises and represents national and international clients across a broad range of employment and employee benefits issues. Her experience includes dismissals, large restructurings, transfer of undertaking (TUPE), employee representation (works council and trade union consultation), employee benefits (including remuneration within financial institutions), occupational health and safety matters, strategic employment issues, employment litigation, and cross-border corporate law-related employment matters.

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