Mutual Rescission
"Does ikale grant severance pay?"
Quick Answer
Mutual rescission (İkale) is an agreement between an employer and an employee to terminate the employment contract by mutual consent, rather than through unilateral termination.
Scope and Legal Distinctions
A mutual termination agreement differs from unilateral dismissal or resignation. For employment, the employee's informed consent, actual circumstances and agreed benefit require careful assessment.
What to Check in Practice
Record negotiations, sums due, payment and releases; do not use the agreement's label alone to determine severance or unemployment eligibility.
Sources & Authorities
Statutory framework and official guidance for this definition.
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