Cott Blog

10 October 2023

What is Intellectual Capital?

Intellectual capital refers to all the non-material resources that enable a business to enter the market, excel in competitiveness, and enhance its value. It comprises intangible assets, such as the employees who drive a company's profitability, organizational processes, and other resources. The combination of all knowledge resources that a business can leverage to boost its market value, attract new customers, develop new products, or improve its operations results in intellectual capital. The main constituents of intellectual capital are threefold:

15 June 2022

What is Online Internship? What are the Benefits?

Category Work Life

An online internship, also known as a remote internship, is a work experience program that allows students and recent graduates to gain professional or semi-professional experience while working remotely without physically being present at the workplace.

Due to the pandemic, many companies have shifted towards online internships, providing students and recent graduates with the opportunity to work remotely. With the continuous development of digitalization standards, online internships are becoming the new normal.

10 May 2022

Terminating Employment Contract Due to Lack of Performance

Category Work Life

Per Turkish Labor Law No. 4857 ("Law"), it is stated that the termination of the indefinite period employment contracts should be based on a valid reason. Some preconditions would need to be met by the employers to terminate an indefinite period contract of an employee due to the lack of performance.

Otherwise, as a result of reemployment lawsuits, the termination could be deemed invalid and the employee could be reemployed.

You can find the details of Article 18 on Turkish Labor Law No. 4857

18 August 2022

What is OTP (One-time password)?

Category KVKK - GDPR, Technology

İçindekiler

Traditional Encryption Method and OTP
OTP (One-Time Password) Examples
The Use of OTP in HR and Payroll Software
Sectors Benefit From OTP

OTP (One-Time Password) is a security measure that protects against password-based attacks, especially password detection and replay attacks. OTP is created by generating a sequence of unique characters or numbers that cannot be reused. This technique is effective in reducing the risk of unauthorized login attempts and data theft. OTP was developed to provide an extra layer of authentication for personal data and critical organizational data in the event of cyberattacks.

14 June 2022

What is Personality Inventory and How is it Applied?

Category Work Life

Personality inventory is an assessment tool that analyzes the personal characteristics of job candidates, measures their competencies, and helps guide Human Resources processes. In this context, we have answered the questions regarding why personality inventory is important and how it is applied.

The Purpose of Personality Inventory

To acquire the right talents for the organization, many companies use various psychometric tests to analyze the most suitable candidates for a position.

18 March 2022

Reasons for Differences in Calculation of Social Security Institution (SSI) Incentives

Category Work Life

What is Social Security?

As a social being, the humankind seeks for social security throughout their life. Security is the one of the principal fundamental rights. According to the Article 60 of the constitution, “Everyone has the right to social security. The State shall take the necessary measures and establish the organization for the provision of social security.” Social security is the term for assuring the conditions for one to live by themselves without needing the help of another human being when they experience loss in the face of occupational or social risks. The Social Security institution was built for actively executing this mission. The institution was formed to provide and maintain social security as a result of the important regulations made on the Social Security Institution Law No. 5502 and the Social Insurance and General Health Insurance Law No. 5510.

What do we understand from the SSI Incentives?

Incentive is the term for indicating the public support due to the rapid development and effectiveness of various economic and social activities compared to different fields.

16 October 2023

What is Timestamp?

Category KVKK - GDPR, Technology

A timestamp is an electronic record that keeps track of all transactions and approvals occurring in a digital environment. It is recorded through a computer, ensuring its integrity and proving its existence at a specific date.

According to Article 3, paragraph (h) of Law No. 5070 on Electronic Signatures (In Turkish), a timestamp is defined as "an electronically verified record with an electronic signature, provided by an electronic certificate service provider. Its purpose is to determine the time when electronic data is produced, modified, sent, received, and/or recorded."

18 May 2022

What is the Notice Period and Notice Compensation?

Category Work Life

The notice period refers to the amount of time between the notification of termination intention from either the employee or employer and the actual termination. In this context, we have provided answers to the frequently asked questions regarding when the notice period is not required and what notice compensation is.

Under Turkish Labor Law, employment contracts can be terminated in two ways: "Termination of Fixed-Term Employment Contracts" and "Termination of Open-Ended Employment Contracts."

03 March 2022

What is Orientation Training? What Should Orientation Training Be Like?

Category Work Life

Orientation training is a training program organized for a newly hired employee to get used to work and adapt to the company. Orientation training, which has a critical place in the recruitment processes of companies, is of great importance in terms of ensuring the rapid adaptation of employees to work and their colleagues. With orientation training, employees begin to get to know the corporate culture closely. Employees who have the opportunity to meet and blend with their managers and colleagues during this training process also gain a lot of information about the workplace in this process. Thanks to orientation training, employees get through the adaptation phase more quickly, as they begin to get used to the workplace and their colleagues. This, in turn, is the basis for a fruitful start. We have answered the questions for you about how orientation training should be like, and its' steps.

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Cott Blog

What is Intellectual Capital?

What is Online Internship? What are the Benefits?

Terminating Employment Contract Due to Lack of Performance

What is OTP (One-time password)?

İçindekiler

What is Personality Inventory and How is it Applied?

The Purpose of Personality Inventory

Reasons for Differences in Calculation of Social Security Institution (SSI) Incentives

What is Social Security?

What do we understand from the SSI Incentives?

What is Timestamp?

What is the Notice Period and Notice Compensation?

What is Orientation Training? What Should Orientation Training Be Like?

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about our services?

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Cott Blog

İçindekiler

The Purpose of Personality Inventory

What is Social Security?

What do we understand from the SSI Incentives?

Would you like to know moreabout our services?

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Çerezleri Ayarla Cookie Settings

Would you like to know more
about our services?