What is Severance Pay?
Severance pay is a form of compensation given by the employer in accordance with the relevant article of the Labour Law No. 4857 when the employee leaves the workplace for various reasons.
Severance pay is a form of compensation given by the employer in accordance with the Labour Law No. 4857 when the employee leaves the workplace for various reasons. At the same time, an employee must work for at least 1 year in the same workplace for severance pay.
According to the relevant article of the Labour Law No. 4857. The employee who leaves the job voluntarily (resigns) does not. Have the right to claim severance pay. However, if the employee leaves the workplace by proving. That he was dismissed against. His will (a justified reason shown. In the labour legislation). He will be entitled to severance pay even if he quit the job himself.
WHAT IS THE CEILING WAGE OF SEVERANCE PAY FOR 2021?
According to the minimum wage and civil servant wages determined with the new year. The ceiling wage of severance pay has also been determined. According to this year. The ceiling wage of severance pay was determined as 7,638.96 TL.
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