COVID-19: NOW replaces WTV

News

Tem­por­ary Emer­gency Meas­ure for Bridging Work Reten­tion replaces the Work­ing Time Reduc­tion Scheme

As of March 17, 2020 the Work­ing Time Reduc­tion Scheme (WTV) has been abol­ished. The Tem­por­ary Emer­gency Meas­ure for Bridging Work Reten­tion (NOW) replaces the WTV.

The NOW aims to ensure that more employ­ers receive a fin­an­cial con­tri­bu­tion to their labor costs more quickly.

Read more about NOW in below Law Alert.