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.
Turkish Labor Law Framework
Mutual Rescission under Turkish law is primarily regulated by Labor Law No. 4857. This legislation provides comprehensive protections for employees while establishing clear obligations for employers.
Key Points to Remember
- Labor Law No. 4857 applies to most employment relationships
- Employment contracts can be for definite or indefinite terms
- Employees enjoy significant statutory protections
- Social security contributions are mandatory for both parties
Compliance Requirements
Employers operating in Turkey must ensure compliance with both written employment law requirements and practical HR management standards. This includes proper documentation, timely salary payments, and adherence to workplace safety regulations.
Foreign companies should be particularly aware of work permit requirements and the specific obligations when employing both Turkish nationals and foreign workers.
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