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Shorter working time is defined as temporarily shortening of weekly working time in an establishment by the employer at least at the portion of 1/3 or at least four weeks or temporarily suspending work wholly or partially. Shorter working time shall not exceed in any case three months.
In accordance with Law issued in Official Gazette no 2711 (repeated) dated 18 February 2009, exclusively for shorter working time applications made in 2008-2009, the maximum three months period envisaged for shorter working time can be applied as six months. On demand of the employer, the period can be exceeded to six months for the establishments who have applied for suitability evaluation before the provision was issued... |
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Due to the economic crisis, unemployment rates have reached record high. However, the marked boomed owing to the measures taken. Public and private sector mow declare that they will recruit 1 million new staff. Companies that ceased recruiting staff when the effects of economic crisis started to be felt have revived thanks to special consumption tax reduction provided by Package of economic measures. |
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There are no legal regulations defined concerning bonus entitlements. Bonus entitlements are regulated by mutual agreement between the employee and the employer. In that case, the bonus payments are considered as legal rights of the employee. Bonus entitlements are accepted as legal rights of the employee in an establishment that pays bonuses on a regular basis although there are no terms defining or regulating them.
Termination of bonus entitlement in an establishment that regularly pays bonuses would mean a substantial alteration in labor contract and employment conditions. Changes in working conditions are regulated in Labor Law 4857 article 22. |
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The number of Italian companies operating in Turkey exceeded 700. Italian Ambassador to Ankara, Carlo Marsili stated that the number of the Italian companies operating in Turkey exceeded 700 and that direct investment total reached 5 billion dollars. Marsili visited Adana for regional assessment and to meet his contacts. In a statement to AA agency he said that the economic relations are increasing with each passing year. He also called attention to the fact that the surpassed 19 billion dollars and he added: "The trade volume increased by 4 percent in the last four years." |
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