In case you are looking for Global Payroll offering PEO Turkey, it is advisable to know some information about the Turkish economy before establishing your business here.
PEO Turkey : General data Turkey
Area: 779,452 km²
Population: 83 million (2019)
Presidential regime
Ruling party: AKP
President of the Republic: Recep Tayyip ERDOGAN
Vice President: Fuat Oktay
Minister of the Treasury and Finance: Berat ALBAYRAK
Minister of Commerce: Ruhsar PEKCAN
Minister of Agriculture and Forestry: Bekir PAKDEMIRLI
Minister of Energy and Natural Resources: Fatih DONMEZ
GDP: USD $789 billion (2018)
GDP/ inhabitant: $USD 9,693 (2018)
PEO Turkey: Cyclical data in Turkey
Currency: Turkish lira (TRY)
Average USD 2019/TRY rate: 5.67
02/04/2020 USD/TRY rate: 5.97
The consumer price index (inflation): 12.15% (January 2020)
Current account deficit: USD $5.9 million (November 2018, y/y)
Exports: USD $168 billion (2018)
Imports: $223 billion USD (2018)
Unemployment rate: 13.4% (October 2019)
Outsourced
Payroll management is a complex task that involves having the right resources. By choosing PEO Turkey outsourcing, you avoid the economic risks associated with non-compliant pay. Whatever industry or your business size, we will manage the payroll for you.
Free yourself from payroll Turkey’s complexity !
Rapid evolution of regulations and collective agreements make payroll processing risky and sensitive. By entrusting it to our team of payroll managers, you no longer have to worry about the compliance of your pay stubs or your social declarations.
Recruiting in Turkey (Recruitment Istanbul), granting leave, managing sick leave or terminating an employment contract will no longer be an administrative constraint. We manage the entire payroll process for you.
Establish a relationship of trust with your dedicated payroll manager!
We assign you a single PEO manager, totally dedicated to monitoring your company’s files.
The manager will follow and deal with:
- Your job and your collective agreement
- The functioning and culture of your company
- Your social calendar.
By perfectly understanding the environment of your business, the manager will be able to provide you with precise, relevant and complete answers. The manager is easily reachable by phone or email, and you will build a relationship of trust and proximity with them.
Optimise exchanges with your manager
Communication is always possible via the internet, by using an intuitive and secure platform, intended to simplify exchanges between your company and your dedicated manager.
Thanks to this collaborative platform, your manager can automatically access all your data to carry out necessary tasks. This platform is where you can also find all your documents (bulletins, contracts, accounting OD, etc.).
Your objectives
Every month, you enter the following information into your online collaborative platform:
Pay variables: overtime, absences, deposits, bonuses, restaurant vouchers, etc.
The entry and exit of employees.
The dates of other events such as paid holidays, contract endorsements, sick leave, etc.
Our objectives
At each new event or input of your variables, your manager:
- Checks the consistency of the data entered.
- Ensures the production of bulletins within 48h-72h.
- Establishes your social declarations on the due dates.
- Pays your social security contributions.
- Provides daily advice on the management of your employees.
PEO Turkey: Our advantages
- Always fair pay
- Your data is stored on secure servers
- 100% Turkish service
- Your bulletins and statements are prepared quickly
- Unlimited support with daily availability from your dedicated payroll manager by phone or email