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Turkish Economy and Business Life

2020 Minimum Wage Amount is Announced

December 27, 2019 Comments Off on 2020 Minimum Wage Amount is Announced

Minimum wage amount is announced by The Minimum Wage Commission which is effective as of 1st of January 2020. Following this development, gross minimum wage has been set as 2.943,00 TRY and net minimum wage has been set as 2.324,70 TRY.

Business Law, Turkish Economy and Business Life

Employees’ Annual Paid Leave Rights in Turkey

April 1, 2019 Comments Off on Employees’ Annual Paid Leave Rights in Turkey

Employees engaged in seasonal or other occupations which, owing to their nature, last <1 year do not qualify for annual paid leave.

Business Law, Turkish Economy and Business Life

Formation & Termination of Employment Contracts in Turkey

March 28, 2019 Comments Off on Formation & Termination of Employment Contracts in Turkey

Turkish Labor Code, Act No. 4857, enacted in 2003, regulates the working conditions and work-related rights and obligations of employers and employees working under an employment contract. The Code forbids discrimination, including any that is based on language, race, sex, political opinion, philosophical belief or religion.

Turkish Economy and Business Life

Employee Working Hours and Overtime Regulations in Turkey

March 21, 2019 Comments Off on Employee Working Hours and Overtime Regulations in Turkey

The typical working week is ≤45 hours, divided equally across the days of the week unless otherwise agreed (6 days * 7,5 hours). Any working hours that exceed this limit count as overtime, which must be justified by national interest, the nature of the operation or the need to increase output.

Turkish Economy and Business Life

2019 Minimum Wage Amount is Announced

January 1, 2019 Comments Off on 2019 Minimum Wage Amount is Announced

Minimum wage amount is announced by The Minimum Wage Commission which is effective as of 1st of January 2019. Following this development, gross minimum wage has been set as 2.558,40 TRY and net minimum wage has been set as 2.020,90 TRY.

Business Law

Employment of Foreigners

January 1, 2019 Comments Off on Employment of Foreigners

Employment of foreigners subjects to specific regulations. Therefore, companies should give attention to following points when they plan to employ foreign employees in Turkey:

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