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.