In Turkey, understanding the calculation of severance and notice pay is essential for both employers and employees to ensure compliance with labor laws. Severance pay is granted to employees who have worked for at least one year, while notice pay compensates for the period when either party terminates the employment contract without adequate notice. At OzbekCPA, we provide expert guidance on how to calculate these payments accurately, helping businesses meet their legal obligations and employees receive their rightful entitlements.
This article provides general information and does not replace advice on your specific situation. Rules, rates and thresholds change, so please contact us before acting on it.
