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IMPACT — MEDIUM
The Dutch government announced that new minimum wages for permit holders will take effect Jan. 1, 2023.
Key Points:
BAL Analysis: Businesses may see a slight increase in labor costs because of the new minimum wage. Employers should take the new wage minimums into account when planning their 2023 budgets. BAL will provide updates on the 2023 minimums for foreign workers as information becomes available.
This alert has been provided by the BAL Global Practice Group. For additional information, please contact berryapplemanleiden@bal.com.
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