< Calculation Facts
ASSUMPTIONS OF CALCULATION OF THE TERMINATION PAY AND SEVERANCE PAY
 
  • According to the labor law no 1475 article 14, the severance pay is thirty days’ gross wage in return for a year of working.
    The year is taken into account as 365 days when thirty days’ wage is calculated by the decisionas of Court of Appeals for the Nineth Circuit (13 June 1983 Esas??? 3542, Decision 5245) and Appeal Committe of the Court of Auditors (7 March 1989 File No:21607, Protocol 21721).

  • The salary, bonus, transportation and the meal allowances are taken into account as gross amounts.

  • Other additional payments are taken into account as gross amounts.

  • Gross wage, transportation, bonus, meal allowances, other payments and cumulative income tax will be taken into accout as zero, if they are not entered in.

  • Our programme determines the hire and the fire dates similar with the system dates.

  • All of the payments in the accountings are taken into account as TL.

  • If the severance period is equal or less than a one-month trial period stated in the code of laws, the system can not make a calculation and gives an error message like this.

  • The amounts for the income tax bases, rates, severace pay ceilings or other legal parameters such as them will be the current quantities standing in the system.

  • The inconsistent amounts causes incorrect calculations or causes inability to refresh the previous calculation.

      ERROR MESSAGES

  • You did not chose which payment you will calculate, severance or termination: It states that you did not chose one of them.

  • Choose the hire date: States that you did not choose a hire date.

  • Choose the fire date: States that you did not choose a fire date.

  • The severance period can not be less than a month: It means the period between the hire and fire date is less than a month(30days).

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