By Erisa Dautaj Şenerdem for SES Türkiye in Istanbul The Turkish economy’s rapid growth over the past decade has not been matched by women’s labour force participation. Nagihan Mutlu, 37, is one of millions of women in Turkey who are not employed or looking for work. “I have two children …
Read More »No more tax exemption on private pension receipts
Private pension and insurance payments paid by employees and employers on behalf of employees used to have income tax exemption. As of 3 months from June 2012, the current method will be readjusted based on the following:• Private pension receipts by employee will not have anymore exemption. The state will …
Read More »Changes to temporary disability declaration
Periods of medical leave for the insured employees are reported on the Social Security Institution’s (SSI) website. These reports are supposed to be declared in 5 days starting from the end of report day. In case of not reporting, SSI used to send a written notification to the company and …
Read More »Parameters of the Second Semester 2012
Minimum wage and wage calculation parameters will change after the date of 01.07.2012. Parameter values indicated in the table will be valid between 01.07.2012-31.12.2012.
Read More »Cultural Touch
A New Yorker Festival on the Bosphorus? Turkey’s Hippest Colloquy Serves up an Unpredictable Mosaic of CulturePublished: June 1, 2012IST. Festival Co-Founders Demet Muftuoglu Eseli and Alphan Eseli / © BFA ISTANBUL — The lovably goofy Istancool is no more. In its third year, the swanky Turkish arts-and-culture get-together returned …
Read More »Labour reforms to benefit recruiters By Simon Mundy
Recruitment companies expect to benefit from rising unemployment across Europe as crisis-hit governments introduce long-awaited labour reforms to create jobs. They hope to gain from moves to liberalise labour markets to tackle the growing jobs problem, said Denis Pennel, managing director of Ciett, the global recruitment industry’s biggest trade confederation. …
Read More »Turkey’s Got Talent By Nick Slepko
June 1, 2012 Turkey has increased its billionaires by 50% in the same time it has taken Warren Buffett to raise a similar amount in corporate welfare from US taxpayers. Despite the last several years of global financial angst, Istanbul is currently home to 38 billionaires (ranked seventh worldwide), none …
Read More »Foreigners, Now is the time to buy property in Turkey By Ela Erozan Gursel
Can a foreigner buy property in Turkey? This is a question we keep hearing in Singapore. Our friends, colleagues and neighbours in Singapore are eager to learn about the real estate market in Turkey. Why are Singaporean investors interested in the Turkish real estate market? We should break this question …
Read More »If an employee is paid less than his agreed salary, can he demand severance pay?
According to labor law 4857 clause 24/II, if an employee is paid less that his salary, he is eligible to terminate his employment based on righteous cause. If he terminates employment on righteous cause, he will be eligible for severance pay. Since there is no notice period, he will not …
Read More »Mobbing tolerated for fear of job loss: survey
ISTANBUL – Anatolia News Agency In a survey carried out with 316 employees in 12 provinces, ‘mobbing,’ which is defined as psychological game of the powerful against the weak in the workplace, is accepted by employees for fear of losing their job.The survey says mobbing is a ‘psychological game,’ weakens …
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