Jan 13, 2021 1 min read

Turkey Payroll Outsourcing Alert (Social Security Increases)

Turkey – Social Security Seniority (Severance) Ceiling Amount Increased.

Effective from 1 January 2021, the government of Turkey has increased the Seniority (Severance) Ceiling Gross Amount to 7,638.96 TRY. The new amount will be in effect through January 2021 and will be updated in July 2021 for the following 6 months

Name of the ApplicationUygulama ADIPeriod July 2020 - December 2020Period January 2021 - June 2021
Seniority (Severance) Ceiling AmountKidem Tazminat Tavani7,117.17 TRY7,638.96 TRY

Mercans’ Turkey Payroll Outsourcing Solutions

While Mercans’ Turkey Payroll Outsourcing alerts will allow you to stay on top of the latest development in Turkey’s payroll regulations, you should still get in touch with Mercans’ Turkey payroll outsourcing, compliance, PEO/GEO, and BPO specialists for a free consultation on setting up fully compliant payroll and HR functions. Better yet, outsource your payroll and HR activities in Turkey to Mercans and our Turkey payroll outsourcing experts will ensure that your employees will always be paid on time and in accordance with the Turkey regulations.

Mercans Recommend

View PDF

Mercans Statutory Alert Turkey SSI Seniority Ceiling Amount
Size

864.27 KB

Most viewed posts

View all posts

South Africa Announce Changes to its Income Tax Law

Starting this March, these changes include adjustments to the minimum wage, OID maximum earnings limit, subsistence allowances, and annual tax rebates and thresholds.

Mar 9, 2023 2 min read

The Power of Organizational Agility in Global Payroll: A Guide to S...

A Guide to SaaS Technology and Outsourcing Tradeoffs Steve Goldberg Global HCM & HR Tech Advisor The What, Why and How of Organizational Agility Let’s start with a practical definition of organizational agility and highlight a few surr

Feb 24, 2023 10 min read

The Basics of IR35: What it is, How it Works, and How it Affects Bu...

If you're a business owner or a worker in the UK, it's essential to know about IR35. Through this article, get a concise overview of IR35, including its definition, operation, and impact on both businesses and workers.

Feb 23, 2023 4 min read

The Perfect Global Payroll SaaS Suite for Modern Businesses –...

Discover the ins and outs of payroll systems, the distinction between payroll SaaS and outsourcing, and important factors to consider when purchasing payroll software.

Feb 9, 2023 11 min read

Mercans Adds Thought Leader Pete Tilakos to its Board

Pete is a renowned global payroll product strategy leader, HR industry analyst, advisor, and thought leader.

Feb 8, 2023 2 min read

Dubai Multi Commodities Centre (DMCC) Mandates Wages Protection Sys...

This will enable DMCC member companies to pay employees’ wages via banks, exchange houses, and financial institutions approved by the UAE Central Bank.

Feb 8, 2023 1 min read