Sector News

Advice from the Seven Sages to Business World

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advice-from-the-seven-sages-to-business-worldLet us introduce you to the Seven Sages of the Golden Age. Each week one Sage will give us lessons on business world and life at large. This week’s sage is Thales of Miletus from the 6th century BCE.

6th century BCE was the first enlightenment period for the mankind, that’s why most historians refer to this period as ‘the Golden Age.’ 6th century was indeed an era full of geniuses, philosophers, scientists who worked in different disciplines towards knowledge. In India Siddharta Gautama Buddha established the seeds of Buddhism by sharing his own spiritual journey and revolted against the rigid cast system of Hinduism. Then Buddhism grew in influence in the centuries to follow all around east and southeast Asia. In the same period, another guru Mahavira, started a spiritual movement, Jainism, based on non-violence doctrine. Confucius, another contemporary of the 6th century, shaped the foundation of the modern Chinese culture, education, governance and life style.

Turkey plans to ease work permits for foreigners

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turkey-plans-to-ease-work-permits-for-foreignersby Erdinç ÇELİKKAN ANKARA
Turkey has kicked-off studies to introduce easier work permit application and granting procedures for qualified foreign workers and investors to enhance the country’s investment allure

The Turkish Economy Minister has prepared an action plan to attract more qualified foreign employees and investors.
The Turkish government is considering easing work permit requirements for foreigners with a new program that is aimed to draw more foreign investors and qualified workers to the country.

According to an action plan prepared by the Economy Ministry, the government has put revising work permit and visa requirements onto its agenda as part of its plans to restructure employment incentive schemes to make it more responsive to instant needs.

Three Musts to Retaining Superstar Talent

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jeffweinerBy Jeff Weiner, CEO, Linkedin

In a previous post, I wrote about five tools to look for when recruiting superstar talent. In this post, I'd like to share some key lessons learned over the years when it comes to retaining your top people.

As a general rule, it's important to note that by the time your best talent comes to you and says they're leaving, more often than not, it's too late. They've long since reached the conclusion it's time to go, having repeatedly seen or experienced examples of why they no longer want to be at the company. At that point, it's going to be extremely difficult to keep them.

One of the reasons it's so hard to change a person's mind once they've communicated their intention to leave is that they may not be willing to share the truth behind their rationale. At least in the case of the tech industry, it's a "small town," so people understandably want to leave doors open vs. burning bridges by speaking hard truths. Without knowing what's really motivating a person's decision to transition, it can be challenging to convince them otherwise.

Datassist Announcement Human Resources and Payroll Training @ Bilgi

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human-resources-and-payrollIn collaboration with Bilgi Eğitim, Datassist will conduct its 27th training programme in human resources and payroll at santralİstanbul on May 24th-June 14th. The duration of the programme will be 32 hours and take place at santralistanbul.

The programme is suitable for professionals who currently work in human resources and payroll as well as professionals and students who are willing to work in the field.

Employment in Turkey resisting against low foreign inflow and growth

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employment-in-turkeyBy Mustafa SÖNMEZ - This email address is being protected from spambots. You need JavaScript enabled to view it.

While the current account deficit of the last three months has reached $16.5 billion, only one-fifth of it was financed by new capital flow. Employment is surviving because of the construction and services sectors, but unemployment is around 9 percent.

The difficulties experienced in foreign financing have immediately shown themselves in the financing of the current account deficit. However, despite the foreign capital flow and the drop in the tempo of growth, a significant decline in employment has not yet been seen as it remains around the 9 percent threshold.

Converting a Job into a Career

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converting-a-job-into-a-careerby Lou Adler, CEO of The Adler Group

If you’re a job-seeker looking for a career move, ask the hiring manager what work needs to be done, what problems need to be solved and how success in the job will impact the company’s strategy or mission. If you don't get a good answer, move on.

The following two job posting are advertisements for the same job. Which one would you rather have? (The survey is now running 6:1 in favor of the career version of the same job. Why?)

Wage earning on the rise as entrepreneurship declining

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wage-earning-on-the-riseby MUSTAFA SÖNMEZ

The share of wage earners in total employment has exceeded 64 percent whereas the number of “self-employed” has remained the same over the past 10 years

In Turkey, the population over the age of 15 has increased by 8 million in the past 10 years and 70 percent of them have become wage earning employees. However, the number of self-employed farmers and tradesmen in agriculture and non-agriculture has remained the same.

The annual 5 percent economic growth experienced with foreign capital inflow in the past 10 years of the Justice and Development Party (AKP) government also caused an increase in employment, with the new arrivals mostly finding jobs as wage earners, not as small producers or as “self-employed entrepreneurs.”

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