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Cash compensation or cash indemnity is a kind of additional payment made to employees dealing with or responsible for cash flow in pay-desk, cashier’s office and so on. This payment is intended to compensate the cash deficit that may occur during such employees’ transactions. Paying cash compensation is not obligatory …

Employees who benefit from paid military service exemption will be given unpaid leave. Bag Law that contains provisions for paid military service passed through the Parliament on 25 July 2018. Turkish citizens who were born on or before 1 January 1994 are given the chance of completing their military service …

Set-off process from the due debts of employer, regarding the retrospective benefiting from the incentives, will start as of July 2018 without waiting until 1st of 2019. As we informed you before, the Bag Law No. 7103, issued in Official Gazette No. 30373, dated 27 March 2018, gives the opportunity …

In Turkey press members have different rights in comparison with the other employees, regarding annual vacation, paid leaves and maternity leave. Press Labor Law (Law on Sector Regulations between Press Employees and Employers) No. 5953, provides longer leave periods for press members. ANNUAL VACATION Annual vacation periods vary depending on …

Press members severance pay is arranged in a different way due to nature of the profession. Press Labor Law (Law on Sector Regulations between Press Employees and Employers) No. 5953; persons employed in periodical newspapers and magazines, news and photograph agencies, news departments of radio and television companies as;   Writer, …

Principles of paid annual vacation are asset out in articles 53 and 62 of Labor Law, No. 4857, and in Regulation on Paid Annual Leave. PLANNING ANNUAL VACATION IN THE WORKPLACE In the establishments that have more than 100 employees planning must be done by “Annual Leave Committee” comprised of …

Daily Allowance is the money paid to employees in daily basis while they are working away from their workplace whether within the same country or abroad. Tax exempt daily allowance amounts are determined by General Directorate of Budget and Fiscal Control in line with Travel Expense Law No. 6245 twice …

Workplaces employing 10 (Inc.) to 49 (Inc.) personnel will start to enter into contracts with pension companies and offer pension plans to the employees as of 1st July 2018. As is known, auto enrolment Private Pension System, which is complementary to the mandatory state social security scheme in Turkey has …

Child allowance income tax exemption for private sector employees is equal to the amount determined for public officers twice a year. According to announcement the following amounts will be exempt from tax between 1 July 2018 and 31 December 2018. The exemption is valid only two children. CHILD ALLOWANCE EXCEPTION/INCOME …

Severance pay upper limit is announced as 5.434,42 TRY/Year for the second half of the year. This limit will be applied within the period between 1 July 2018 and 31 December 2018. The monthly earnings exceeding this limit will not be taken into account in the calculation of total severance …