Severance payments in Turkey

If the employee has worked for the employer for at least one year, the employer must pay a severance payment at the rate of 30 days’ gross salary for each full year as of the date on which the employment relationship between the parties commenced. Payment must be made pro rata to the service period of the employee within a year. Calculation of severance payments must be made based on the latest gross salary. However, in any case, the maximum amount which can currently be paid to an employee as a severance payment is TRY6,730.15 for each year worked.