The UWV has transferred the first amounts of money to companies as part of the Temporary Emergency Measure for the Retention of Employment (NOW). It concerns more than 230 million euros to nine thousand employers.
The amount deposited in the employers' account this Thursday is the first installment of their advance. In total, these nine thousand employers receive an advance of almost 700 million euros.
The other two installments will be transferred later. On average, these employers reported an estimated revenue loss of 76 percent.
According to chairman of the board Fred Paling, payments have gone faster than expected. "I am very happy with that. That is what this scheme is all about. That employers have money quickly, so that salaries can be paid and jobs are saved."
Since Monday the NOW desk opened at UWV, more than 67,000 employers have submitted an application.
The coronavirus in short
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