Rona, why is the Loonderving, the much talked about salary subsidy, the system through SVB, that is so-called simple and non-bureaucratic, the one the private sector is pushing as way to boost the economy,
WHY is this great news?
Now small companies have to keep paying their employees and maybe wait ages for GOA’s refund. One of my employees is on maternity leave and it takes SVB seriously almost a year to compensate. Now small companies need to keep their employees on their payroll and wait?! If we even get the funds from GOA. Maybe I missed the point? How is that good for small businesses??
Sure, this system works very well in the Netherlands, in a way that supports both companies and employees, but I don’t see it happening here. We all know the speed in which GOA operates. Now we are forced to keep employees on the payroll and pay them?? What if GOA compensates us 6 months later? What if they don’t compensate us at all?
Small companies are not that liquid, what shall we do, pay the overdraft charges? What if small companies cannot afford to pay employees BEFORE they get compensated? What happens if they cannot pay them or need to fire them? How is GOA going to save small businesses? Tooooo many questions. Nothing is perfect. Let’s all hibernate and wake up in January 2021.