In March of 2020, the Dutch government introduced a wage cost scheme to help employers pay for the wages of their employees during the coronavirus (COVID-19) pandemic, which they called the NOW (Tijdelijke Noodmaatregel Overbrugging Werkgelegenheid). For the first installment of this, the NOW 1.0, 7.91 billion euros were spent by the government. This was less so for the NOW 2.0 as only 4.29 billion was spent. The NOW 3.1 was used less too with 2.81 million euros spent, whilst 3.25 billion euros were spent on NOW 3.2.. The NOW 3.3 and NOW 4.0 were used least with 2.01 billion and 0.30 billion euros spent.
Government expenditure on the NOW scheme for each period in the Netherlands from 2020 to 2021
(in million euros)
The NOW (Tijdelijke Noodmaatregel Overbrugging Werkgelegenheid) was implemented to help employers bridge over the coronavirus (COVID-19) pandemic by offering aid to combat expected financial losses, ensuring that companies could keep their staff employed.
NOW 1.0 lasted from March to May, 2020
NOW 2.0 lasted from June to September, 2020
NOW 3.1 lasted from October to December, 2020
NOW 3.2 lasted from January to March, 2021
NOW 3.3 lasted from April to June, 2021
NOW 4.0 lasted from July to September, 2021
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Centraal Bureau voor de Statistiek. (October 13, 2021). Government expenditure on the NOW scheme for each period in the Netherlands from 2020 to 2021 (in million euros) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1280636/netherlands-now-scheme-expenditure/
Centraal Bureau voor de Statistiek. "Government expenditure on the NOW scheme for each period in the Netherlands from 2020 to 2021 (in million euros)." Chart. October 13, 2021. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1280636/netherlands-now-scheme-expenditure/
Centraal Bureau voor de Statistiek. (2021). Government expenditure on the NOW scheme for each period in the Netherlands from 2020 to 2021 (in million euros). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1280636/netherlands-now-scheme-expenditure/
Centraal Bureau voor de Statistiek. "Government Expenditure on The Now Scheme for Each Period in The Netherlands from 2020 to 2021 (in Million Euros)." Statista, Statista Inc., 13 Oct 2021, https://www.statista.com/statistics/1280636/netherlands-now-scheme-expenditure/
Centraal Bureau voor de Statistiek, Government expenditure on the NOW scheme for each period in the Netherlands from 2020 to 2021 (in million euros) Statista, https://www.statista.com/statistics/1280636/netherlands-now-scheme-expenditure/ (last visited November 23, 2024)
Government expenditure on the NOW scheme for each period in the Netherlands from 2020 to 2021 (in million euros) [Graph], Centraal Bureau voor de Statistiek, October 13, 2021. [Online]. Available: https://www.statista.com/statistics/1280636/netherlands-now-scheme-expenditure/