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Innovation in Turkey can be described as a creative idea or solution. It refers to making changes and enhancements to improve a product or service. For instance, innovators can develop new methods to increase the performance of a product or service, which is known as innovation. The Significance of Innovation in Turkey is crucial for…
The ISKUR On-the-Job Training Program is designed to decrease unemployment rates, enhance the professional knowledge of registered unemployed candidates on ISKUR, and allow them to learn and develop their skills by experiencing work and production processes. The program also provides employers with an opportunity to evaluate the candidates’ performance for a certain period and hire…
Writing an application for the commencement of employment in job security in Turkey requires careful consideration of cultural nuances, professional etiquette, and the specific requirements of the position and organization. To craft an effective application, one must begin by thoroughly researching the company and understanding its values, mission, and expectations. Tailoring the application to highlight…
On the 31st of March 2023, the Official Gazette published Presidential Decision 7015, which pertains to technology development and R&D regions during a state of emergency. This decision mandates that during the state of emergency declared in the provinces affected by the earthquake starting on February 6th, 2023, the income tax withholding incentive rate applicable…
With Erdogan, the minimum wage in Turkey, faced with inflation of more than 84% over one year, will be raised on January 1 to 8,500 net Turkish liras (around 455 euros), for the third time in a year. More than 40% of Turks live on the minimum wage. Despite this support for his population, Recep…
According to the announcement of the Presidency and the Ministry of Labor and Social Security, the minimum wage for 2023 in Turkey was announced as 10.088 ₺ gross and 8.506,80 ₺ net. The minimum wage figures for 2023 in Turkey ; Minimum Wage (Gross) 10.008 ₺ SSI Base (PEK Base) 10.008 ₺ SSI Worker Premium…
Faced with general discontent, Turkish President Erdogan tries to stay in power at all costs. Indeed, for months, the Turkish economy has been sinking into crisis, the currency is collapsing and inflation is reaching record highs, plunging a large part of the population into hardship or even absolute poverty. While Erdogan and his party, the…
Turkish President Recep Tayyip Erdogan on Wednesday (December 21st) promised to bring inflation down sharply in the coming months and relieve Turkish citizens of the burden of a high cost of living. “Hopefully we will see the decline in inflation in the coming months. Let’s make 2023 the turning point of our liberation from the…
The net salary table of millions of retirees has been announced. According to the 14.05 percent increase calculation, it was revealed how much retirees who received 3.800, 4.200, 4.500 liras would earn. SGK, SSK and Bağ-Kur retirees will receive 5 monthly salaries in the new year. With the emergence of December inflation, the 2023 salary…
Turkish law offers the possibility for foreign investors to set up in Turkey simply through a branch, called “Şube”. This branch has been somewhat reformed by the new Turkish Commercial Code (“NCCT”) which was adopted by Law No. 6102 dated January 13, 2011 and entered into force on July 1, 2012. This reform aims to…
