Employee Benefits in Turkey - New Study Released

The Turkish social security system is largely similar to the Continental model, with employee contributions made according to their insurance and payroll status. Contributions are collected in a joint pool and pensions are paid, on becoming eligible, according to contributions made. From 1990, a number of financial problems arose in the Turkish social security system due to implementation of early retirement, an increase in unregistered employment, and low rates of contributions and income subject to contributions. The system does not cover the entire population, and does not have sufficient protection against poverty. This unsystematic method limited consistency in standards with respect to employee rights and obligations. Social security reform was introduced in 2008 to address these issues.

Full Report Details at
- http://www.fastmr.com/prod/925164_employee_benefits_in_turkey.aspx?afid=301

Report Highlights

* The Turkish social security system is largely similar to the Continental model, with employee contributions made according to their insurance and payroll status.
* The Turkish social security system consists of a set of state and compulsory benefits that protect workers against risks related to death, long-term disability, short-term sickness, and unemployment, accidents in the workplace, occupational diseases and healthcare.
* Capital redemption insurance, training and development, educational and housing assistance, and recreational activities are examples of private benefits granted in Turkey.

Report Scope

This report provides a detailed analysis of employee benefits in Turkey:

* It offers a detailed analysis of the key government-sponsored employee benefits, along with private benefits
* It covers an exhaustive list of employee benefits, including retirement benefits, death-in-service benefits, long-term disability benefits, short-term sickness, medical benefits, workmen's compensation, maternity and paternity benefits, family benefits, minimum resources and unemployment
* It highlights the economic and regulatory situations relating to employee benefits in Turkey

Reasons to Get this Report

* Make strategic decisions using in-depth information related to employee benefits in Turkey
* Assess the Turkish employee benefits market, including state and compulsory benefits and private benefits
* Gain insights into the key employee benefit schemes offered by private employers in Turkey
* Gain insights into key organizations governing Turkish employee benefits, and their impact on companies

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