What is Work and Income by Labor capacity Act in SAP PY-NL - The Netherlands?

SAP Term: Work and Income by Labor capacity Act

• Component: PY-NL

• Component Name: The Netherlands

• Description: The Work and Income by Labor Capacity Act “Wet werk en inkomen naar arbeidsvermogen” regulates the payments of employees who become disabled. Successor of WAO.

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• Key Concepts: 
  The Work and Income by Labor Capacity Act (Wet Werk en Inkomen naar Arbeidsvermogen, WWIA) is a Dutch law that was introduced in 2004. It is designed to help people with disabilities or long-term illnesses to remain in the labor market. The law provides financial support for those who are unable to work due to their disability or illness, and also provides incentives for employers to hire people with disabilities or long-term illnesses. The law applies to all employees in the Netherlands, regardless of their nationality. 
  
  How to use it: 
  The WWIA applies to all employees in the Netherlands, regardless of their nationality. Employers must provide reasonable accommodations for employees with disabilities or long-term illnesses, such as flexible working hours, special equipment, and other measures. Employees with disabilities or long-term illnesses are also entitled to receive financial support from the government if they are unable to work due to their disability or illness. 
  
  Tips & Tricks: 
  Employers should be aware of the WWIA and its implications for hiring and accommodating employees with disabilities or long-term illnesses. Employers should also be aware of the financial support available from the government for employees with disabilities or long-term illnesses who are unable to work due to their disability or illness. 
  
  Related Information: 
  The PY-NL component of SAP is designed specifically for the Netherlands and includes features related to the WWIA. This includes features such as automatic calculation of benefits, payment of benefits, and reporting on benefits paid out under the WWIA.