Core Facts

  • Population:  80M
  • GDP:  USD 718 billion
  • GDP per head:  USD 11,523
  • Workforce:  27M
  • Unemployment (2017):  12.6%
  • Average high monthly wages (2017):  USD 424


With a sizeable population, low cost base and a growing economy, Turkey is a jurisdiction with which the global business is increasingly coming into contact.  Turkish law, and especially the labour courts, generally favours employees. Employees are usually eligible for statutory overtime at 50% above their hourly rate for every hour worked above 45 hours per week, while those with over 15 years’ service qualify for at least 26 days’ paid holiday per year, and sometimes more.

Termination of employment can be fraught with challenges and procedural hurdles and employers in Turkey should beware the risk of dismissed employees being re-instated.