Flexibility in time management

The law dated 12 April 2019 implementing a legal framework for the implementation of a time savings account (TSA) has been published in the Memorial on 24 April (the Law).

A TSA allows employees to capitalise hours worked on top of ordinary working time.

The implementation of a TSA is only possible if foreseen by a collective bargaining agreement or a national or sectorial inter-professional agreement. The Law provides that for companies in which the collective bargaining agreement has been concluded before the entry into force of the Law and provides for a TSA, the concerned rules remain applicable during the whole period of validity of the relevant collective bargaining agreement.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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