Employee Benefits in Turkey - PowerPoint PPT Presentation

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Employee Benefits in Turkey

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The Turkish social security system is largely similar to the Continental model, with employee contributions made according to their insurance and payroll status. Contributions are collected in a joint pool and pensions are paid, on becoming eligible, according to contributions made. From 1990, a number of financial problems arose in the Turkish social security system due to implementation of early retirement, an increase in unregistered employment, and low rates of contributions and income subject to contributions. The system does not cover the entire population, and does not have sufficient protection against poverty. This unsystematic method limited consistency in standards with respect to employee rights and obligations. Social security reform was introduced in 2008 to address these issues. To get Details: – PowerPoint PPT presentation

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Title: Employee Benefits in Turkey


1

Main Title
Market Research Report 
Employee Benefits in Turkey
reportscue
2

Synopsis The report provides in-depth industry
analysis, information and insights into employee
benefits in Turkey, including An overview of
state and compulsory benefits in Turkey
Detailed information about private benefits in
Turkey Insights into various central
institutions responsible for the administration
of the different branches of social security 
The regulatory framework for employee benefits in
Turkey
3

Report OverviewThe Turkish social security
system is largely similar to the Continental
model, with employee contributions made according
to their insurance and payroll status.
Contributions are collected in a joint pool and
pensions are paid, on becoming eligible,
according to contributions made. From 1990, a
number of financial problems arose in the Turkish
social security system due to implementation of
early retirement, an increase in unregistered
employment, and low rates of contributions and
income subject to contributions. The system
does not cover the entire population, and does
not have sufficient protection against poverty.
This unsystematic method limited consistency in
standards with respect to employee rights and
obligations. Social security reform was
introduced in 2008 to address these issues.
4

Scope This report provides a detailed analysis
of employee benefits in Turkey It offers a
detailed analysis of the key government-sponsored
employee benefits, along with private benefits
It covers an exhaustive list of employee
benefits, including retirement benefits,
death-in-service benefits, long-term disability
benefits, short-term sickness, medical benefits,
workmens compensation, maternity and paternity
benefits, family benefits, minimum resources and
unemployment It highlights the economic and
regulatory situations relating to employee
benefits in Turkey
5

Key Highlights The Turkish social security
system is largely similar to the Continental
model, with employee contributions made according
to their insurance and payroll status. The
Turkish social security system consists of a set
of state and compulsory benefits that protect
workers against risks related to death, long-term
disability, short-term sickness, and
unemployment, accidents in the workplace,
occupational diseases and healthcare. Capital
redemption insurance, training and development,
educational and housing assistance, and
recreational activities are examples of private
benefits granted in Turkey. 
6

Table of Contents 1 Executive Summary 2
Introduction3 Country Statistics 4 Overview of
Employee Benefits in Turkey 5 Regulations 6
State and Compulsory Benefits 7 Private
Benefits 8 Macroeconomic Indicators 9 Appendix
7

List of Tables 1 Definitions 2 Turkey -
Country Statistics 3 Turkey - Contributions by
Employers and Employees, 2014 4 Turkey - Minimum
and Maximum Contribution, 2014 5 Turkey -
Contribution by State Employer and Civil
Servants, 2014 6 Unemployment - Duration of
benefits
8

List of Figures 1 Major Organizations of
Turkish Social Security System2 Turkish GDP at
Constant Prices (US Billion), 2008-20123
Turkish GDP Per Capita at Constant Prices (US),
2008-20124 Turkish GDP at Current Prices (US
Billion), 2008-20125 Turkish GDP Per Capita at
Current Prices (US), 2008-20126 Turkish GDP by
Key Segments (), 2008 and 20127 Turkish
Inflation Rate (), 2008-20128 Turkish Annual
Average Exchange Rate US-TRY, 2008-20129
Turkish Unemployment Rate (), 2008-201210
Turkish Household Consumption Expenditure (US
Billion), 2008-201211 Turkish Gross National
Disposable Income (US Billion), 2007-201112
Turkish Size of Labor Force (Million),
2008-201213 Turkish Total Population (Million),
2008-201214 Turkish Urban and Rural Populations
(), 2008-2012
9

Reason To Buy Make strategic decisions using
in-depth information related to employee benefits
in Turkey Assess the Turkish employee benefits
market, including state and compulsory benefits
and private benefits Gain insights into the
key employee benefit schemes offered by private
employers in Turkey Gain insights into key
organizations governing Turkish employee
benefits, and their impact on companies To Get
Details http//www.reportscue.com/employee-benefi
ts-in-turkey-market
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