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.”