An insurance holder meeting the conditions of Social Security Legislation qualifies for retirement. Within that perspective, insurance holder qualified for retirement can terminate his employment contract and receive his severance pay. To benefit from that right, the employee should apply to the affiliated Directorate of Social Security and receive a …
Read More »Statutory Limitation Period in Employee Wages
The rights ensured through law, contracts and workplace procedure should be claimed within the legal period. If not, the problem of statutory limitations will arise for the employee. Statutory limitation stands for the maximum time for the right to claim due wages after which the case will not qualify for …
Read More »Look Towards the East for Innovation to Rise By Ela Erozan Gürsel
The modern time innovations have been dominated by the US and Europe where giant companies allocate large sums of investments for research and development to create new technology. Plus, these companies spend huge marketing budgets to promote this new technology and raise awareness on its unique advantages among businesses and …
Read More »New Parameters for 2010 has been issued
Resul Kurt Each year in January and July, some changes are made in parameters that are related to professional life. In January 2010, there have been changes in several parameters as well…
Read More »Are food and transportation allowances compulsory?
According to Labor Law, the employer must pay to the contracted employee a wage that is not less than the minimum wage. Gross minimum wage in effect between dates of 01.01-30.06.2010 is 729 TL. Employment contracts should be referenced for any additional payments or benefits provided to the employee. Transportation …
Read More »Is a resigned employee entitled to payment of lieu of notice?
{mosimage}In accordance with Labor Law no 4857, the relationship between the employer and the employee is based on employment contract. In the case that one of the parties decides to terminate the employment contract, notice to the other party must be provided by the terminating party…
Read More »General Communiqué on Income Tax no 273
General Communiqué on Income Tax no 273 was issued in the Official Gazette dated 29.12.2009 no 27477. In accordance with the Communiqué, as of 01.01.2010, the figures will be as follows:
Read More »Best New Year’s Resolution in Business: Identify Yourself and Connect More By Ela Erozan Gürsel
Three fundamental concepts are crucial to do business with Chinese businessmen. The first concept Guanxi, which means relationship in Chinese can be defined as developing close ties with business partners whom you respect and trust. These mutually beneficial relationships don’t happen over night but takes time and effort to develop. …
Read More »In which situations notice of employment termination is made to Social Security Institution?
As of 01.10.2008, the notice of employment terminations is made to Social Security Institution. As of 01.08.2009, an administrative pay is imposed in case that termination notice is not made within 10 days following termination of insurance. It is important that termination notice of the insured is made within the …
Read More »Communiqué on Arduous and Dangerous Works is still in obscurity
Dr Aykut Engin ,Mess Director of Education With a change in Labor Law, it is regulated that workers without vocational training cannot be employed on arduous and dangerous work. The effective date was determined as 01.01.2009. Hereafter, the Communiqué on Arduous and Dangerous Works was issued in Official Journal dated …
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