- Country Guide
- Netherlands
Netherlands
Last Update by Marta, 20 Nov 2024
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Exchange Rate
22 Jan 2025
Cost of Living
Indicative value for a working adult in a city: Amsterdam
Publicly available data (Numbeo, etc..), verified by Marco’s in-country staff
| Living Requirement | Indicative Amount (EUR) |
|---|---|
| McDonalds Set Meal | 13 |
| Monthly Train and Bus Tickets | 82 |
| 3 Bedrooms Rental (City Center) | 3,447 |
| 3 Bedrooms Rental (Outskirt) | 2,555 |
Current Inflation Rate
3.5%
Wage
Minimum Wages
- Staff over 21: 13.68 EUR per hour as of 1st July 2024
Median Salary
Estimated based on general positions such as HR, Accounting, Admin roles, in tier one cities.
| Job Level | Monthly Salary (EUR) |
|---|---|
|
Entry-Level
Fresh Graduate
|
2,500 |
|
Mid-Level
5 Years
|
3,500 |
|
Experienced & Managerial Level
10 Years
|
5,500 |
|
Specialized & Senior-Level
15 Years
|
7,000+ |
Annual Salary Growth
6%
Statutory Contribution
Except national insurance, the contribution base capping for other contributions is 71,628 EUR per year
Country Level
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| National Insurance | - |
27.65% AOW: 17.9%, ANW: 0.10% and WLZ: 9.65% |
All staff Max. base 38,098 EUR |
| Unemployment Fund (AWF) |
2.64% Open-ended contracts 7.64% Fixed-term contracts |
- | All staff |
| Invalidity Insurance (AOF) |
6.18% Small companies 7.54% Large companies |
- | All staff |
| Healthcare Insurance (ZVW) | 6.57% | 5.32% | All staff |
| Work Resumption Fund (WHK) | 0.29% - 6.55% | - | All staff the rate depends on sector or company size |
| Childcare Premium (WKO) | 0.50% | - | All staff with children |
| Vacation Allowance | 8% per month is retained from staff's salary and paid out as a one-time payment in May or June | - | All staff |
Other Benefit
Other common employment benefits in Netherlands include:
- Commuting Subsidy: 0.23 EUR per kilometer
- Tax-Free Work from Home Allowance: Around 2.35 EUR per day
- Health Insurance Compensation: Around 210 EUR per month
- 13th salary payment is customary in November or December
- Adequate Pension Scheme: Employers contribution from January 2024, 15.4% of staff's gross salary
Income Tax
Residents
-
Tax period: 1st January – 31 December
Filing start date: 1st March
Tax filing due date: 1st May
Country Level
| Taxable Income | Rate |
|---|---|
| Up to 38,098 | 9.32% |
| 38,098 - 75,518 | 36.97% |
| Over 75,518 | 49.50% |
Non-residents
- Tax for non-residents is the same as residents
Working Hours
Statutory
36 - 40 hours
8 hours a day, 5 days a week
Typical practice
38 hours
Monday - Friday
Overtime
Maximum: 12 hours per day or 60 hours per week,
55 hours per week over a 4-week period, or
48 hours a week over a 16-week period.
- Night work is anything over 1 hour between 00:00-06:00
- An employee cannot work over 117 night shifts per year - There is no legislation on overtime compensation. Overtime pay and rates are determined in the employment contract
Employment Contract
Permanent
Contract Format
Written and signed (electronically or printed copy) in Dutch or English, staff receive a copy signed by both parties
Payroll Currency
EUR
Probation
Up to 2 months
Contract Period
No minimum duration
Termination
The contract may be terminated by the employer, the employee or by mutual agreement
| Voluntary Resignation | Involuntary Termination | Economic Layoff | |
|---|---|---|---|
| Notice Period - Probation | - No notice | - No notice | - No notice |
| Notice Period - Regular | - 1 month notice | - Under 5 years’ service: 1 month - 5-10 years’ service: 2 months - 10-15 years’ service: 3 months - Over 10 years’ service: 4 months | - Under 5 years’ service: 1 month - 5-10 years’ service: 2 months - 10-15 years’ service: 3 months - Over 10 years’ service: 4 months |
| Severance Pay | - 1/3 of monthly salary * years of service from the start date - Outstanding unused leave, bonuses, commission in the last 12 months are paid out - Maximum compensation of 94,000 EUR or a 1 year salary if the annual salary is higher than 94,000 EUR | - 1/3 of monthly salary * years of service from the start date - Outstanding unused leave, bonuses, commission in the last 12 months are paid out - Maximum compensation of 94,000 EUR or a 1 year salary if the annual salary is higher than 94,000 EUR |
Public Holiday
8 days
Public holidays that fall on weekends are lost
Country Level
| Date | Name |
|---|---|
| 01 Jan | New Year's Day |
| 18 Apr | Good Friday |
| 20 Apr - 21 Apr | Easter |
| 26 Apr | King's Day |
| 05 May | Liberation Day |
| 29 May | Ascension Day |
| 08 Jun - 09 Jun | Whit Day |
| 25 Dec - 26 Dec | Christmas Day |
Leave
| Leave Type | Entitlement | Notes |
|---|---|---|
| Annual Leave | 20 working days (4 times the number of hours worked per week) | All staff |
| Sick Leave | Up to 2 years | All sick staff or for organ donation, pregnancy or childbirth |
| Pregnancy and Maternity Leave |
16 weeks 6 weeks before birth, 10 weeks after |
All expectant mothers |
| Paternity/Partner Leave | Up to 6 weeks | All fathers |
| Parental Leave | 26 weeks | All parents caring for children |
| Adoption and Foster Care Leave | 6 weeks | All staff adopting or fostering a child |
| Short and Long-Term Care Leave |
Short term - up to 2 weeks Long term - up to 6 weeks |
All staff caring for sick relatives |
Reference
- https://www.numbeo.com/cost-of-living/in/Amsterdam
- https://www.rijksoverheid.nl/onderwerpen/minimumloon/bedragen-minimumloon/bedragen-minimumloon-2024
- https://www.belastingdienst.nl/wps/wcm/connect/bldcontenten/belastingdienst/business/payroll_taxes/you_are_not_established_in_the_netherlands_are_you_required_to_withhold_payroll_taxes/when_you_are_going_to_withhold_payroll_taxes/calculating_payroll_taxes/calculating_employed_persons_insurance_contributions/
- https://www.belastingdienst.nl/wps/wcm/connect/bldcontenten/belastingdienst/business/payroll_taxes/you_are_not_established_in_the_netherlands_are_you_required_to_withhold_payroll_taxes/when_you_are_going_to_withhold_payroll_taxes/calculating_payroll_taxes/rates/rates-2024/table-9-employed-persons-insurance-scheme-contributrions-2024
- https://www.belastingdienst.nl/wps/wcm/connect/bldcontenten/belastingdienst/business/payroll_taxes/you_are_not_established_in_the_netherlands_are_you_required_to_withhold_payroll_taxes/when_you_are_going_to_withhold_payroll_taxes/calculating_payroll_taxes/rates/rates-2024/table-10-contribution-sector-fund-2024
- https://www.belastingdienst.nl/wps/wcm/connect/nl/personeel-en-loon/personeel-en-loon
- https://business.gov.nl/amendment/income-tax-box-2-changes/
- https://business.gov.nl/regulation/employee-insurance-schemes-national-insurance/
- https://business.gov.nl/running-your-business/staff/health-and-safety-at-work/working-hours-act/
- https://business.gov.nl/regulation/contract-employment/
- https://www.uwv.nl/en/individuals/dismissal-and-redundancy/if-you-resign#:~:text=However%2C%20if%20you%20are%20on,proeftijd')%20when%20you%20resign.
- https://business.gov.nl/regulation/transition-payment/
- https://www.uwv.nl/en/individuals/dismissal-and-redundancy/involuntary-termination
- https://www.government.nl/topics/employment-contract-and-a-collective-labour-agreement-cao/question-and-answer/what-types-of-leave-are-there
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Contact UsCountry Guide - Netherlands
Last updated: 20 Nov 2024
Exchange Rate
Currency (EUR)
- 1 CNY = 0.185 EUR
- 1 USD = 1.32 EUR
Other currencies can be retrieved via the country guide link above.
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Labor Cost Calculator
To know the total employer cost for hiring a staff with certain salary, please go to our main site: https://marcopayroll.com
Cost of Living
Indicative value for a working adult in a city: Amsterdam
Publicly available data (Numbeo, etc..), verified by Marco’s in-country staff
| Living Requirement | Indicative Amount (EUR) |
|---|---|
| McDonalds Set Meal | 13 |
| Monthly Train and Bus Tickets | 82 |
| 3 Bedrooms Rental (City Center) | 3,447 |
| 3 Bedrooms Rental (Outskirt) | 2,555 |
Current Inflation Rate
3.5%
Wage
Minimum Wages
- Staff over 21: 13.68 EUR per hour as of 1st July 2024
Median Salary
Estimated based on general positions such as HR, Accounting, Admin roles, in tier one cities.
| Job Level | Monthly Salary (EUR) |
|---|---|
|
Entry-Level
Fresh Graduate
|
2,500 |
|
Mid-Level
5 Years
|
3,500 |
|
Experienced & Managerial Level
10 Years
|
5,500 |
|
Specialized & Senior-Level
15 Years
|
7,000+ |
Annual Salary Growth
6%
Statutory Contribution
Except national insurance, the contribution base capping for other contributions is 71,628 EUR per year
Country Level
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| National Insurance | - |
27.65% AOW: 17.9%, ANW: 0.10% and WLZ: 9.65% |
All staff Max. base 38,098 EUR |
| Unemployment Fund (AWF) |
2.64% Open-ended contracts 7.64% Fixed-term contracts |
- | All staff |
| Invalidity Insurance (AOF) |
6.18% Small companies 7.54% Large companies |
- | All staff |
| Healthcare Insurance (ZVW) | 6.57% | 5.32% | All staff |
| Work Resumption Fund (WHK) | 0.29% - 6.55% | - | All staff the rate depends on sector or company size |
| Childcare Premium (WKO) | 0.50% | - | All staff with children |
| Vacation Allowance | 8% per month is retained from staff's salary and paid out as a one-time payment in May or June | - | All staff |
Other Benefit
Other common employment benefits in Netherlands include:
- Commuting Subsidy: 0.23 EUR per kilometer
- Tax-Free Work from Home Allowance: Around 2.35 EUR per day
- Health Insurance Compensation: Around 210 EUR per month
- 13th salary payment is customary in November or December
- Adequate Pension Scheme: Employers contribution from January 2024, 15.4% of staff's gross salary
Income Tax
Residents
-
Tax period: 1st January – 31 December
Filing start date: 1st March
Tax filing due date: 1st May
Country Level
| Taxable Income | Rate |
|---|---|
| Up to 38,098 | 9.32% |
| 38,098 - 75,518 | 36.97% |
| Over 75,518 | 49.50% |
Non-residents
- Tax for non-residents is the same as residents
Working Hours
Statutory
36 - 40 hours
8 hours a day, 5 days a week
Typical practice
38 hours
Monday - Friday
Overtime
Maximum: 12 hours per day or 60 hours per week,
55 hours per week over a 4-week period, or
48 hours a week over a 16-week period.
- Night work is anything over 1 hour between 00:00-06:00
- An employee cannot work over 117 night shifts per year - There is no legislation on overtime compensation. Overtime pay and rates are determined in the employment contract
Employment Contract
Fixed-Term
Used for specific projects or to assess skills and capabilities
Probation
Contract under 6 months: No probation
Contact for 6 months - 2 years: Up to 1 month
Contact for over 2 years: Up to 2 months
Termination
Contract can't be terminated, unless early termination is included in the contract
| Voluntary Resignation | Involuntary Termination | Economic Layoff | |
|---|---|---|---|
| Notice Period - Probation | - No notice- No notice | - No notice | - No notice |
| Notice Period - Regular | |||
| Severance Pay | - Staff are entitled to a transition payment even during probation: 1/3 of monthly salary * years of service from the start date - If contracts are not extended after the natural expiry date, a transition payment is still due - Outstanding unused leave, bonuses, commission in the last 12 months are paid out - Maximum compensation of 94,000 EUR or a 1 year salary if the annual salary is higher than 94,000 EUR | - Staff are entitled to a transition payment even during probation: 1/3 of monthly salary * years of service from the start date - If contracts are not extended after the natural expiry date, a transition payment is still due - Outstanding unused leave, bonuses, commission in the last 12 months are paid out - Maximum compensation of 94,000 EUR or a 1 year salary if the annual salary is higher than 94,000 EUR |
Permanent
Probation
Up to 2 months
Termination
The contract may be terminated by the employer, the employee or by mutual agreement
| Voluntary Resignation | Involuntary Termination | Economic Layoff | |
|---|---|---|---|
| Notice Period - Probation | - No notice | - No notice | - No notice |
| Notice Period - Regular | - 1 month notice | - Under 5 years’ service: 1 month - 5-10 years’ service: 2 months - 10-15 years’ service: 3 months - Over 10 years’ service: 4 months | - Under 5 years’ service: 1 month - 5-10 years’ service: 2 months - 10-15 years’ service: 3 months - Over 10 years’ service: 4 months |
| Severance Pay | - 1/3 of monthly salary * years of service from the start date - Outstanding unused leave, bonuses, commission in the last 12 months are paid out - Maximum compensation of 94,000 EUR or a 1 year salary if the annual salary is higher than 94,000 EUR | - 1/3 of monthly salary * years of service from the start date - Outstanding unused leave, bonuses, commission in the last 12 months are paid out - Maximum compensation of 94,000 EUR or a 1 year salary if the annual salary is higher than 94,000 EUR |
Public Holiday
8 days
Public holidays that fall on weekends are lost
2025
| Date | Name |
|---|---|
Leave
| Leave Type | Entitlement | Notes |
|---|---|---|
| Annual Leave | 20 working days (4 times the number of hours worked per week) | All staff |
| Sick Leave | Up to 2 years | All sick staff or for organ donation, pregnancy or childbirth |
| Pregnancy and Maternity Leave |
16 weeks 6 weeks before birth, 10 weeks after |
All expectant mothers |
| Paternity/Partner Leave | Up to 6 weeks | All fathers |
| Parental Leave | 26 weeks | All parents caring for children |
| Adoption and Foster Care Leave | 6 weeks | All staff adopting or fostering a child |
| Short and Long-Term Care Leave |
Short term - up to 2 weeks Long term - up to 6 weeks |
All staff caring for sick relatives |
Reference
- https://www.numbeo.com/cost-of-living/in/Amsterdam
- https://www.rijksoverheid.nl/onderwerpen/minimumloon/bedragen-minimumloon/bedragen-minimumloon-2024
- https://www.belastingdienst.nl/wps/wcm/connect/bldcontenten/belastingdienst/business/payroll_taxes/you_are_not_established_in_the_netherlands_are_you_required_to_withhold_payroll_taxes/when_you_are_going_to_withhold_payroll_taxes/calculating_payroll_taxes/calculating_employed_persons_insurance_contributions/
- https://www.belastingdienst.nl/wps/wcm/connect/bldcontenten/belastingdienst/business/payroll_taxes/you_are_not_established_in_the_netherlands_are_you_required_to_withhold_payroll_taxes/when_you_are_going_to_withhold_payroll_taxes/calculating_payroll_taxes/rates/rates-2024/table-9-employed-persons-insurance-scheme-contributrions-2024
- https://www.belastingdienst.nl/wps/wcm/connect/bldcontenten/belastingdienst/business/payroll_taxes/you_are_not_established_in_the_netherlands_are_you_required_to_withhold_payroll_taxes/when_you_are_going_to_withhold_payroll_taxes/calculating_payroll_taxes/rates/rates-2024/table-10-contribution-sector-fund-2024
- https://www.belastingdienst.nl/wps/wcm/connect/nl/personeel-en-loon/personeel-en-loon
- https://business.gov.nl/amendment/income-tax-box-2-changes/
- https://business.gov.nl/regulation/employee-insurance-schemes-national-insurance/
- https://business.gov.nl/running-your-business/staff/health-and-safety-at-work/working-hours-act/
- https://business.gov.nl/regulation/contract-employment/
- https://www.uwv.nl/en/individuals/dismissal-and-redundancy/if-you-resign#:~:text=However%2C%20if%20you%20are%20on,proeftijd')%20when%20you%20resign.
- https://business.gov.nl/regulation/transition-payment/
- https://www.uwv.nl/en/individuals/dismissal-and-redundancy/involuntary-termination
- https://www.government.nl/topics/employment-contract-and-a-collective-labour-agreement-cao/question-and-answer/what-types-of-leave-are-there
Contact Info
-
Singapore (Headquarters)
8 Marina Boulevard, MBFC Tower 1, #11-01, Singapore, 018981
+65 6653 4334 -
China (Headquarters)
79 Jianguo Road, China Central Place Tower 2, #09-52, Beijing, 100025
+86 10 6580 0555 -
China (Service Center)
23 Dagong Street, Eton Place Tower 2, Unit 1808, Dalian, 116001
-
United States
445 S Figueroa St, 31st Floor, Los Angeles, California, 90071
-
United Kingdom
71 - 75 Shelton Street, London, England GB
-
Netherlands
Vijzelstraat 68, 1017 HL, Amsterdam
-
Australia
Level 22, Salesforce Tower, 180 George Street, Sydney, NSW 2000