Workforce Resource Tools

From Payroll Precision to Severance and Notice Pay: Your Complete Guide to Turkish Employment Finances.

The minimum wage effective in the new year has been announced. As of January 1, 2025, the minimum wage will be 22,104.42 Turkish Lira, a 30% increase.

The severance pay upper limit has been determined as 46,655.43 TL based on the General Communiqué on Financial and Social Rights, numbered 01, dated 06 January 2025.

Under Article 17 of the Turkish Labor Law, employers are mandated to provide statutory notice prior to terminating an indefinite employment contract.

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PAYROLL BASICS (2025)

December, 2024 |

Discover the latest 2025 payroll parameters in Turkey, featuring a detailed breakdown of the gross minimum wage's 30% rise to TRY 26,005.50. Our comprehensive guide ensures your payroll management is up-to-date with the newest regulations, including social security contributions and tax rates.

The Essentials of Notice Pay in Türkiye: Periods, Calculations, and Legal Context

November, 2023 |

Under Article 17 of the Turkish Labor Law, employers are mandated to provide statutory notice prior to terminating an indefinite employment contract. This legal provision serves as a safeguard for employees, protecting them from abrupt cessation of employment and the consequent loss of income. The law specifies minimum notice periods based on the length of the employee's service, ensuring that employees are afforded time to seek new employment while still receiving their salary.

THE MEDIUM-TERM PROGRAM 2024-2026

September, 2023 |

The Presidential Decision regarding the approval of the Medium-Term Program (MTP) that includes the 3-year objectives and policies of the Turkish economy was published in the repeated issue of the Official Gazette dated September 6, 2023, with number 32301.

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