Monthly Archives: August 2011

Turkish public servants waiting for October

Turkish public servants waiting for October

This year’s collective bargaining talks, annually slated for August, will be replaced with the collective agreement talks to be held after Parliament opens in October in line with the approved constitutional amendments granting public servants the right to a collective agreement. Labor Minister Faruk Çelik, who came together with public …

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Global downturn reverses brain drain in Turkey

Global downturn reverses brain drain in Turkey

The recent global downturn led to company mergers, bankrupt firms and layoffs which have forced white-collar workers to make new plans about their lives.Many white-collar Turkish professionals working in United States and European countries are now seeking ways to return home after the global financial downturn in 2007, human resources …

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Unemployment Is Not Only An American Problem

Unemployment Is Not Only An American Problem

Turkey’s unemployment rate fell to 9.9 percent in April. That is good news. The government’s long-term target is 5 percent. To realize this, there will be some changes in the legal framework shaping the labor market. The first attempt might be to introduce an “easy fire, easy hire’’ approach in …

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Draft Code Suggests Canceling Severance Pay, Starts Debates

Draft Code Suggests Canceling Severance Pay, Starts Debates

The Turkish government’s plans to sharply reduce severance payments in a bid to increase firms’ competitiveness has sparked debate even before related legislation is officially launched. The new planned system seems to disfavor employees, some say. A radical cut in severance payments, one of the main reforms expected as part …

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