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Hire a remote team in Netherlands

Hiring a remote team in a country as Netherlands comes with a lot of overhead, such as compliance, local laws, taxes, etc. As a company, you don't want to worry about knowing all the local laws. Instead you want to focus on your remote team and the business. Rivermate's Employer of Record (EOR) solution helps companies hire remote employees in Netherlands. We take care of global payroll, taxes, benefits, compliance and HR activities. So you can focus on growing your business.

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1. Hire a remote team in Netherlands with Rivermate

Payroll, benefits, taxes, and compliance can be difficult to manage in Netherlands, particularly if you don't have established local relationships. You can hire employees in Netherlands effectively, conveniently, and in full compliance with all relevant labor laws using Rivermate's global Employer of Record (EOR) solution. We handle the responsibilities and legal risks associated with foreign employment so you can concentrate on growing your company.

Table of contents
  1. Hire a remote team with Rivermate
  2. Introduction
  3. Hiring a remote team in your country
  4. Cost of living
  5. Cost of renting
  6. Major industries
  7. Hiring cost
  8. Employment laws
  9. Top skills
  10. Economic landscape
  11. Market size
  12. Minimum wage

2. Introduction

Rivermate is a global employment solutions company that provides Employer of Record services in Netherlands.As an employer of record, we help you hire employees and run payroll services in Netherlands, allowing you to avoid the necessity of first establishing a branch office or subsidiary in Netherlands.It is not necessary to establish an entity in order to hire an employee. We can hire your employee in any country with a few mouse clicks. Using our Employer of Record solution, you can have full compliance, benefits, and automated payments.If you wish to hire a remote team in Netherlands or individually hire remote employees in Netherlands, Rivermate’s global employer of record services will make sure that the process will be as seamless as possible for you.Send us a message so we can talk about how Rivermate’s Employer of Record Netherlands services can best help your company!

3. Hire a remote team in Netherlands

The Netherlands has a thriving, open economy that is heavily dependent on international trade. The Dutch economy is well-known for its stable labor relations and low unemployment rate. The Netherlands is ranked ninth among 45 countries in the European region, with an overall score higher than the regional and global averages. A record number of foreign firms have made investments in the Netherlands. The Netherlands is an excellent choice for working and settling in, with beautiful weather, scenery, and a wide range of job opportunities in various sectors.Following a downturn caused by the COVID-19 pandemic, the economy is expected to rebound strongly by next year. The Dutch entrepreneurial spirit is distinguished by a focus on innovation, sustainability, and digitization. Companies are looking to the Netherlands to take advantage of public-private partnerships between the corporate sector, research universities, and government that are pioneering cutting-edge applications ranging from agriculture and financial services to quantum technology.

4. Cost of living in Netherlands

The cost of living in the Netherlands is $1680 per month, which is 1.8 times higher than the global average. The Netherlands ranked 18th out of 197 countries in terms of cost of living and 8th in terms of quality of life.In the Netherlands, the average after-tax salary is $3060, which is enough to cover living expenses for 1.8 months.

5. Cost of renting in Netherlands

The Netherlands has a higher cost of living than the United States. It is, however, still affordable for visitors from other countries. Some cities are expensive, but others are reasonably priced. The most affordable cities in the Netherlands are Groningen and Amsterdam.The cost of renting a house in the Netherlands is determined by the location of the stay as well as the size of the house. Depending on your location, a one-bedroom apartment could cost you around $1262 (1064.39€). The rent may rise depending on the lifestyle and amenities provided.

6. Major industries in Netherlands

The Netherlands' agricultural and food industry is highly mechanized and one of the world's top exporters. The country's mild climate and fertile soil are ideal for agriculture. In the European Union, the country ranks first in agricultural product exports.Another important industry that contributes to the country's employment and national income is the energy sector. The Netherlands has 25% of the European Union's natural reserves. The majority of electricity is generated in the country. The sale of natural gas contributes to the country's revenue.The chemical industry is one of the most important economic sectors. It results in the supply of chemical products and services, as well as the development of materials for other sectors such as health care, transportation, and food security. It also aids in the development of industry solutions.

7. Hiring cost in Netherlands

The cost of hiring is an extremely important facet for employers while conducting a recruitment process. You need to think about several factors before deciding to hire new personnel, such as:- Onboarding and training- Opportunity costs- Interviews and hiring processes- Time invested

8. Employment laws Netherlands

The employment system in the Netherlands is highly regulated, with well-defined federal and state laws. Work hours, penalty rates, and overtime payments differ depending on the industry. The Dutch Constitution governs the following aspects of employment:- Maximum 38 hours per week- Paid and Unpaid Leaves- Workplace Surveillance- Employment Contract- Transitional AllowanceThe laws and regulations that govern the employment relationships in the Netherlands are based upon- Legislation- Employee Protective Laws- Collective Labour Law- Security Laws

9. Top skills Netherlands

The Netherlands is an open economy that relies heavily on foreign trade. They require a large number of people with both hard and soft skills. Engineers with strong technical skills, as well as sales, marketing, and customer service representatives, are in high demand. ‍If you are an employer looking to hire in Netherlands, these are the major skills and areas which have witnessed a recent growth rate- Communication- Technical (IT)- Sales- Health Care- MarketingEvery city in the Netherlands has unique characteristics that make it suitable for specific industries/sectors. The country is well-known for its agriculture and tulip fields. Each city has a unique set of job opportunities.- Amsterdam is well-known for its denim brands. Because the city is in the center, the logistics sector can thrive to a great extent. This city is a true fashion mecca and is known as the world's denim capital. The fashion and designer industry is the city's main draw.- Rotterdam - Rotterdam is the country's second-largest city. The shipping industry is the most important. Life science, aerospace, cybersecurity, digital technology, and sustainable energy are some of Rotterdam's other major industries. The clothing industry is also well-known.

10. Economic landscape in Netherlands

The Netherlands' economy is expected to grow 2.7% in 2021 and around 3.7% in 2022, as private investments improve. GDP per capita and productivity are comparable to the best performers in the OECD, and employment was increasing prior to the pandemic crisis in 2020. Inequality is lower here than in the world's most advanced economies.

11. Market size in Netherlands

The Dutch economy is a stable and welcoming option for foreign businesses. Even after being hit by the Covid-19 pandemic, the economy is expected to pick up speed in the coming years. Because of its mild climate and fertile soil, agriculture and the food industry flourished at a higher level. They are also significant exporters of food and agricultural products. Other major industries include energy, chemicals and metallurgy, and others.

12. Minimum wage in Netherlands

The minimum wage in the Netherlands for workers 21 and older is 1,684.80 EUR per month as of January 2021. On July 1, 2021, this rate will rise to 1,701.00 EUR. However, the minimum wage rate could change if your employee is covered under a collective bargaining agreement (CBA). To prevent misconceptions, it is best practice to specify the proper minimum pay in a formal employment contract that the employee signs before their first day.According to Dutch pay rules, every employee in the Netherlands receives an 8% vacation allowance as a bonus. This allowance is accrued monthly, and companies typically pay it out once a year in May.