The Balanced Labor Market Act (hereinafter the WAB), great name, and great Dutch abbreviation as well: WAB. But what does it entail?
After the Dutch House of Representatives agreed to the Act, the Dutch Senate passed it now too. As per January 1, 2020, the WAB is designed to narrow the gap between employees with permanent employment contracts and those with a flexible one.
What changes does this new Act bring along? Amendments in the chain arrangement, for example. Also, employers are required to offer the employees with a zero-hour contract a set amount of hours in their contract. And the WAB establishes a lower unemployment insurance contribution (WW-premie) for an employee with a permanent employment contract than for an employee on a fixed-term employment contract.
All these amendments are meant to stimulate employers to hire more people on permanent contracts. The risks involved in hiring people, are reduced by this Act.
De Jongens van HR make sure employers' legal HR is well taken care of. And that's where our vision on HR policy comes in. We ask ourselves: Shouldn't the goals of the company and the development of the employees be the center point, instead of the labor law agreements? Making development and growth the goal, and permanent contracts just an administrative result or labow law term.
Either way, we'll be dealing with the WAB starting January 1st, 2020. Is your organisation WAB-ready? Or is your recruitment-side of the company perfectly under control, but could your Legal HR use another check-up to be sure? Call or text us at +31303200449 or31302270317, een leave us a message on LinkedIn.