It is only weeks to end of the year, and naturally the next year’s annual budget is on the agenda of all companies. Of course the budgets comprised of many cost/ income elements, no doubt it is very important to make correct predictions on employment costs for getting close to …
Read More »2017 Minimum Wage Estimation in Turkey
Turkey’s minimum wage is of particular concern to about 5 millions employees in the country, and will be announced in the forthcoming days. Almost all of the payroll parameters are derived from minimum wage which is determined by “Minimum Wage Fixing Board” (Labor Law 4857, article 39) every two years. …
Read More »Regulation on Part-Time Work After Childbirth and Adoption in Turkey
As is known, Law No. 6663, which has been entered in force as of 10 February 2016, has introduced new choices for working women and adoptive parents, such as working half-time up to a certain periods and work part-time until the child begins to school, after the expire of statutory …
Read More »Increase in The Cap of Daily Earnings Subjected to Premium
Currently daily cap of earning subject to premium are calculated as 6,5 times of daily minimum wage. This is the maximum limit that premium deductions can be made from, and it is 356,85 TRY (monthly 10.705,50 TRY) for 2016. Now with the new government proposal, it is strongly expected that …
Read More »No Decrease In Net Minimum Wage
Government bill of law, intended to prevent any decrease in 2016 net minimum wage due to shift in the taxable income brackets, has been accepted in Parliament’s Planning and Budget Commission and expected to be in force soon. As it is known, Turkey’s net minimum wage is determined as 1.300,99 …
Read More »Private Employment Agency Regulation In Turkey
Flexible working provisions introduced into labor market by Law No. 6715 on 6 May 2016 to create a balance between flexibility and security for both workers and employers. The Law aimed at arranging temporary working relationship, and widened the activity-areas of private employment agencies. For detailed information please visit our website: …
Read More »Turkey To Continue With Summer Time
Clocks in Turkey will not be set back one hour to pass into winter time this year throughout the entire country, and the currently implemented summer time, which is also called DTS (Daylight Saving Time), will be the country’s non-changing standard time from now on. Turkey who is in the …
Read More »The Protection Of Personal Data In Turkey – When To Begin?
Although the “Law on The Protection of Personal Data, No. 6698” has been issued in Official Journal No. 29677, dated 7 April 2016, there are still some doubts about the application of protection of personal data. We informed you that many of the provisions will come into effect after six …
Read More »Turkey’s Minimum Wage Not To Be Decreased During 2016
Turkish Labor Minister promised in a press conference that the net 1.300,00 TL monthly minimum wage, which was determined at the beginning of 2016 will not be slashed due to increasing income tax, and they will take the necessary steps to prevent any decrease, which otherwise would occur because …
Read More »New Work Permit Fees And Where To Pay
International Workforce Law No. 6735, which is in effect as of 13 August 2016 has brought some changes on the fees of Work Permit and Work Permit Exemption certificates. Also valuable paper fee will be collected for these documents. As per the amended Turkish Act on Fees No. 492; following …
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