PAYROLL BASICS (2024)
Discover the latest 2024 payroll parameters in Turkey, featuring a detailed breakdown of the gross minimum wage's 49% rise to TRY 20,002.50. 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
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 MEDIUM-TERM PROGRAM 2024-2026
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.
Understanding the Social Security System in Turkey
The social security system in Türkiye underwent a significant transformation process in 2007. As a result of this process, different social security funds were consolidated under a single institution, the Social Security Institution (SGK), to be centrally supervised and [...]
Employment Incentives in Turkey
Employment incentives in Turkey serve as vital government supports provided to employers under specific conditions. These incentives are aimed at encouraging employers to hire more employees, expand their workforce, and promote the employment of workers from targeted groups. By [...]
DEFINITION OF WAGE AND ITS TAXATION UNDER THE TURKISH LAW
As outlined in Article 61 of Income Tax Law No. 193, wage encompasses both monetary and non-monetary benefits provided to registered employees in exchange for their services, regardless of the payment labels used, such as indemnity, allowance, cash compensation, allocation, increment, advance, remuneration, attendance fee, premium, bonus, expense reimbursement, or revenue-based percentages.
REDEFINING CAREER MANAGEMENT IN THE MODERN WORKFORCE: IMPLICATIONS FOR HR
Career management in organizations involves the design and implementation of a process that enables the planning and management of careers in a way that meets the needs of both the organizations and individuals' preferences and capacities. In other words, career management is also expressed as the support provided by the organization to help individuals achieve their career plans. The concept of career began to be considered as a whole only in the 1970s, and despite systematic research in this field starting after that period, there are still shortcomings in establishing a comprehensive framework for career theory.
ENHANCING CAREER COUNSELING: QUANTITATIVE ASSESSMENT TOOLS FOR HR PROFESSIONALS
Career counseling plays a crucial role in supporting individuals in their career development by providing guidance and assistance in various aspects of career planning and decision-making. Within the field of career counseling, the utilization of quantitative assessment tools has gained significant importance. These tools enable HR professionals to objectively assess and evaluate individuals' skills, interests, personality traits, and values, providing valuable insights for effective career counseling interventions.
NEW RULES ON PRESS, SOCIAL MEDIA AND INTERNET JOURNALISM
With new law, major amendments like inclusion of the regulation of Internet News Sites within the scope of Turkish Press Law, details, and updates with regards to types, eligibility, issuance, and cancellations of Press Cards made to the Turkish Press Law. New rules regulating operations and obligations of foreign Social Network Providers and Over-the-Network Providers are introduced and sanctions and restrictions are adopted in an aim to regulate online platforms and to criminalize certain offences like disseminating false or misleading content.
ARTICLE 75 OF THE MUNICIPALITY LAW NO. 5393: JOINT PROJECTS BETWEEN MUNICIPALITIES AND ASSOCIATIONS / FOUNDATIONS
Municipalities may carry out joint service projects with the public professional organizations, associations for public interest, foundations exempted from taxation by the Council of Ministers and professional organizations under the Law No. 5362 on Professional Organizations of Tradesmen and Craftsmen dated June 07, 2005.
SEVERANCE PAY OBLIGATIONS BASED ON SGK CODES FOR TERMINATION OF EMPLOYMENT
The table of Social Security Termination Codes below demonstrates the employees’ rights in terms of severance pay, notice pay and unemployment insurance as a result of the reason for termination of employment.
ISTANBUL FINANCIAL CENTER
Istanbul Financial Center is designed to make Istanbul one of the leading international financial centers by attracting the international financial institutions to Türkiye by promising with its multilayered and functional structure spread over 3.4 million square meters, a transparent, productive, and predictable management order through a centralized performance of management, leasing, security, maintenance and cleaning services and services for meeting the daily needs of approximately 100.000 employees and visitors.