DOING BUSINESS IN TURKEY

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18 Doing Business in Turkey LABOUR LAW The working conditions in Turkey are mainly regulated by the Labour Law and the Trade Union Law. Under the Labor Code, there are different types of employment contracts: • Employment contracts for “temporary” and “permanent” work • Employment contracts for a “definite period” or an “indefinite period” • Employment contracts for “parttime” and “full-time” work • Employment contracts for “work-upon-call” • Employment contracts with a trial period • Employment contacts constituted with a team contract Under the Labor Law, the normal working time is maximum 45 hours per week. In principle, this 45-hour period is equally distributed to working days. However, in accordance with the Labor Law, the employer may arrange the working time within the legal limits. Payments for hours exceeding the 45-hour weekly working time limit are, as a rule, made within the “overtime period”. The fee for each extra hour of work shall be paid by a fifty percent increase of the normal working rate per hour. Vacation period according to years of work for an employee in Turkey is listed in the table below: Turkey has Over 29.7 Million young, welleducated and motivated professionals (2015, Turkstat). Approximately 733,000 students graduate annually from over 193 universities and 950,000 students graduate annually from vocational and technical high schools. (2015, Ministry of National Education) Centrum Consulting | 2017
Doing Business in Turkey 19 Centrum Consulting | 2017
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Page 26 and 27: 26 Doing Business in Turkey INCOME
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DOING BUSINESS IN TURKEY

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