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08 July 2021

Details Regarding the Annual Leave

Category Work Life

Details Regarding the Annual Leave

Using annual leave is a constitutional right of the employees, and the details are regulated in the Labor Law No. 4857.

18 February 2021

Social Security Premium Declaration for Annual Leave Payment

Category Work Life

Social Security Premium Declaration for Annual Leave Payment

Annual Leave Pay at Termination of Employment Contract

Per Article 59 of the Labor Law, "In case the employment contract is terminated for any reason, the rights of the employee and annual leave payments should be paid to the employee or the right holders." Also; According to Article 80 of Law No. 5510; "Wages shall subject to premium by attributing to the month they are deserved."

08 October 2018

Amendment on the Protection of the Value of Turkish Currency Law and Its Impact on Employment Contracts

Category Work Life

Amendment on the Protection of the Value of Turkish Currency Law and Its Impact on Employment Contracts

On September 17, 2018, the Treasury had made a press release which was expected to be clarified with further explanations. The alteration to the recently announced regulations and the press release was announced on Saturday, October 6, 2018, through the Communiqué. As per the newly published Communiqué, workplaces (employers) are obligated to have employment contracts based on foreign currency converted to Turkish Lira (TRY) based contracts in certain cases. The deadline to have the employment contracts amended to TRY is October 12, 2018.

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