Payroll processes require in-depth knowledge of regulations and careful attention to detail. However, many companies face both financial penalties and employee dissatisfaction due to payroll errors.
1. Incomplete Social Security Declarations
Using incorrect SSI codes or reporting missing days can lead to penalties and damage employees’ retirement rights.
2. Incorrect Overtime Calculations
Employees are highly sensitive about their overtime pay. Miscalculations can create serious legal risks.
3. Misapplication of Incentives
There are numerous payroll incentives in Turkey (e.g., 6111, 17103). Being unaware of them or applying them incorrectly can result in significant costs.
4. Lack of Transparency in Payroll
Not sharing payslips or providing sufficient details leads to a loss of trust. Payroll mistakes cause not only financial losses but also reputational damage. For this reason, professional payroll management and keeping up with current regulations are of great importance for companies.
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