Most employees in the Netherlands expect to receive their holiday allowance in the month of May or June. However, this year, due to the financial difficulties caused by the coronavirus outbreak, some employees fear that their employer may be, at best, reluctant to pay out the holiday allowance on time and, at worst, unable to […]Continue reading "%s"
Many businesses are suffering financially as a result of the coronavirus outbreak. Despite the Dutch government’s support measures, companies could be facing bankruptcy. To reduce costs, some companies wish to lower salaries. But are such pay cuts a viable option?Continue reading "%s"
Adjusting employment conditions may be necessary for an employer under certain circumstances. For example in the event the company is experiencing financial difficulties. Also, after taking over employees of another company, the acquiring company may need to align employment conditions of the new employees with company standards. Such adjustments could include cutting a bonus scheme, […]Continue reading "%s"