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Türkiye CB Banknote Rates:    🇺🇸 USD 50.3584 TRY    🇪🇺 EUR 55.6867 TRY    🇬🇧 GBP 66.7466 TRY    Türkiye CB Banknote Rates:    🇺🇸 USD 50.3584 TRY    🇪🇺 EUR 55.6867 TRY    🇬🇧 GBP 66.7466 TRY    

TURKISH SEVERANCE PAY SYSTEM – AT GLANCE

The severance pay is referred to as the payment made upon the termination of the employment contract based on the seniority of the employee within the framework of the reasons specified in the Turkish Labor Law. There are quite different discussions with respect to the qualifications of the severance pay and its [...]