The severance pay that employees receive during their resignation or retirement is expected to increase in July. Since the increase in the civil servant salary coefficient affects the severance pay ceiling, the maximum amount employees will receive will also increase. Experts state that workers, especially those whose wages have been increased recently, will benefit from this change and thus gain a significant advantage.
NEW CEILING AMOUNT IS 73-74 THOUSAND TL According to the news of Dünya Newspaper, it is stated that the increase in severance pay in July may be at the level of 13-14 percent. Accordingly, the maximum amount of severance pay that high-paid employees can receive will also increase. It is estimated that the new ceiling amount may rise to 73-74 thousand lira. In order for employees to be entitled to severance pay, they must have worked at the same workplace for at least one year.
Retirement, military service, marriage for female employees, justified termination or employer-related separations are among the valid reasons for receiving severance pay. Under normal circumstances, employees who resign voluntarily cannot receive severance pay. HIGHER SEVERANCE PAY When calculating severance pay, the employee’s last gross salary is taken as basis. In addition, food, travel, rent, fuel, child allowance and regular payments are also included in the account as part of the gross wage.
However, holiday allowances, annual leave fees and one-time benefits are not taken into account. Only stamp duty is deducted from severance pay. Experts state that especially employees who are considering leaving their job or retiring should follow the new ceiling amount after July. Because it is stated that employees who leave their jobs in July can receive higher severance pay.
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