Employment Agreement Adjustments in the Netherlands Internal

Can we adjust paid time off (PTO)?

Yes, PTO can be adjusted as long as the statutory requirements are followed (20 days annually based on 40 hours per week).

Can we adjust working hours?

Yes, working hours can be adjusted as long as the statutory requirements are followed. Please note that your supported employee cannot contractually agree to work more than 40 hours per week.

Can we remove the notice period?

No, the notice period cannot be removed or shortened, but it can be extended, taking into account certain regulations. Please indicate in your onboarding form if you prefer a different notice period.

Can we remove or increase the probationary period?

The probationary period can not be removed. The length of the probationary period depends on the term of the contract and can be extended, but not beyond two months.

Can we add commissions, bonuses, or ad hoc payroll items?

Yes, commissions, bonuses, or ad hoc payroll items can be added to the employment agreements.

How can we offer equity or stocks to our supported employees?

In the Netherlands, we offer you the option of issuing equity as either “nonemployee” or “employee” grants. Two conditions apply:

• For clients that issue equity as “nonemployee” grants, we do not facilitate withholding and payroll reporting unless the award is cash settled
• For clients that issue equity as “employee” grants, we do facilitate withholding and payroll reporting

How can we offer equity without signing a direct agreement between our supported employee and us?

We require you to directly issue the grant notice (i.e., side agreement) to your supported employee. This side agreement should not include any language that indicates a direct employer or employee relationship between you and your supported employee.