The rules on severance pay in detail
Provided the employee has completed one year of service, he or she is entitled to 30 days’ salary (plus benefits) for each completed year of employment at the employer. For the last year, the payment is pro-rated, based on time worked. The total amount of severance is capped. The level of the cap is decided every six months and is currently TRY 6,379.86 (until 31 December 2019). Note that severance pay does not apply to cases of termination for a just reason arising from gross misconduct.
Author: Bener Law Office
Date: December 2019