Thursday, January 24, 2008

Turkey, Employment, Executing & Terminating Employment Contracts In Turkey - ADMD - 24/01/2008, Contract of Employment, Employee Benefits & Incentives

"Turkey: Executing; Terminating Employment Contracts In Turkey

24 January 2008

By Burcin Barlas

ADMD Law Office, Istanbul TURKEY

Overview

As Turkey maintains economic stability and growth for almost five years, the confidence of the foreign investors raised and new direct investments are executed more often. In this context employee related issues are of consideration to foreign investors and significance of the Turkish Labor Code (‘TLC’) elevate accordingly. Therefore we would like to briefly inform foreign investors regarding the precautions that shall be thought over while hiring and firing employees in Turkey."

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