Conditions for Receiving Severance Pay
What is Severance Pay?
According to Labor Law No. 1475, both employers and employees have mutual obligations, which are regulated by this law. Severance pay is paid by the employer to the employee under certain circumstances within this framework. You can visit the page to learn about the requirements for severance pay. Severance pay is the compensation paid to the employee by the employer when the employment contract is terminated. While this compensation is mandatory in some cases, it is not paid in others. The circumstances under which it is paid or not paid are regulated by law, and both parties must comply with these regulations.
What are the Conditions for Severance Pay?
The conditions under which severance pay must be paid are legally regulated by Labor Law No. 1475. Accordingly, an employee who has worked for the same employer for one year is entitled to compensation if the employment contract is terminated by the employer. The termination by the employer must be for a reason other than a breach of moral rules. An employee whose employment contract is terminated for a reason related to moral rules - such as theft, bribery, sexual harassment, etc. - cannot claim compensation. Severance pay is also acquired in cases of obtaining the right to retirement, leaving work due to military service, marriage of a woman and leaving work within one year. In the event of the employee's death, the employer is obliged to pay severance pay to the employee. Not only the employer but also the employee can terminate the employment contract. If the employee terminates the employment contract due to immorality, health reasons, or breach of good faith, they can claim compensation. The employee can also terminate the employment contract if the work in the workplace ceases and claim compensation. You can visit the page to learn about the conditions under which the employment contract can be terminated and compensation can be claimed, and to learn the details of the Labor Law.
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