2019 ESTIMATION FOR MINIMUM WAGE AND COST OF EMPLOYER

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Labor cost of employer is closely connected with the minimum wage determined by "Minimum Wage Fixing Board," in line with Labor Law 4857, article 39.

Most effective data on determination of minimum wage is the previous year’s inflation rate, which is considerable high in comparison with the average of recent years.

CONTRACTS OF FOREIGNERS CAN BE ARRANGED IN FOREIGN CURRENCY

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Companies can conclude foreign currency based employment contracts with the persons who do not have citizen-ship bond with the Republic of Turkey, whether they are settled in Turkey or not.

As we informed you before, Turkey has taken some steps to prevent the loses in Turkish Lira (TRY) by way of prohibiting some transactions and contracts being made in foreign currency.

AGREEMENTS FOR TRANSBORDER TRANSFER OF PERSONAL DATA

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The minimum particulars that must be included in the agreements between transferor (resident in Turkey) and receiver of personal data transferred between countries that have not adequate level of protection are issued in Personal Data Protection Board (The Board) website on 16 May 2018.

2018 EMPLOYMENT INCENTIVES IN EFFECT – BAG LAW 7103 ISSUED

Omniums bill (colloquially known bag law) No. 7103, issued in Official Gazette No. 30373, dated 27th March 2018, brings about new arrangements regarding employment incentives and supports, some of which are briefly explained below.

2018 Turkey Fact Sheet

2018 fact

Our “Turkey Fact Sheet” booklet combines the answers to all the questions you might have as a foreign employee or executive doing business in Turkey

Read from here.

Minimum Wage for Senior Employees Against the Ordinary Course of Events

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Supreme court ruled that paying minimum wage to an employee whose length of service is over six years in the workplace is against the normal course of events and that a precedent fee shall be determined for such employees.

DEFINITION OF WAGE IN LEGISLATION

  • Labor Law 4857: Wage is in general terms, the amount of money to be paid in cash by an employer or by a third party to a person in return for work performed by him.
  • Income Tax Law 193: Wage is a benefit provided by cash in kind and cash, represented by cash, in return of services performed by employees registered and subject to an employer.
  • Turkish Constitution: Wages shall be paid in return for work. The state shall take the necessary measures to ensure that workers earn a fair wage commensurate with the work they perform and that they enjoy other social benefits.

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