Human resource management

Turkish economy sees total turnover down 20.9% in April

The Turkish economy's total turnover saw an annual decrease of 20.9% in April, the nation's statistical institute reported on June 12.

The Turkish Statistical Institute (TÜİK) said turnover in industry slipped 24.9% during the same period.

On the services side, the turnover index declined 23.9% and the figure in trade fell 17.4% year-on-year.

Gov't reimburses to companies 41.5 pct of salary of employees returning from furlough

The Government will reimburse employers, for a period of 3 months, a percentage of 41.5 pct of the monthly gross wage of each worker that has his/her previously suspended work contract reactivated, a release sent on Friday to AGERPRES by the Ministry of Labor and Social Protection, reads.

Government to grant up to 30pct of gross salary to companies that employ jobseekers

The government will grant up to 30pct of the gross salary to companies that will hire people looking for work, Prime minister Ludovic Orban announced on Wednesday evening. "We will give up to 30pct of the gross salary to companies that will hire jobseekers, that will provide jobs to Romanian citizens who are looking for a job, for a period of at least three months.

Kurzarbeit model, discussed with employers and trade unions

The Kurzarbeit model (flexible work) was discussed with employers and trade unions, but was also presented to the Prime Minister and the Minister of Labor, but there are fears on the government side that it could not be implemented, the president of the Romanian-German Chamber of Commerce (AHK Romania), Dragos Anastasiu stated on Thursday.

Total turnover up 5.2% in March in Turkish economy

The Turkish economy posted an annual rise in total turnover in March, the country's statistical authority announced on May 14. 

"Total turnover index including industry, construction, trade, and services sectors increased by 5.2% on annual basis in March 2020," said the Turkish Statistical Institute (TÜİK).

MLSP: Nearly 102,000 Employees from over 7,400 Companies to Retain their Jobs

A total of 7403 job retention applications from 101 849 employees were submitted under the 60/40 measure at labor offices across the country as of April 27. So far, applications from 1979 employers for job retention of 28 674 people have been approved. The assessment is made within 7 working days after application, the Ministry of Labor and Social Policy specified.

Turkey's total economic turnover surges in February

The total turnover of Turkey's economy jumped 22.2 percent year-on-year in February, the Turkish Statistical Institute (TÜİK) announced on April 13.

The total turnover index for the industry rose 17.1 percent, construction 8.3 percent, trade 28.2 percent and services 19.8 percent on annual basis in February 2020, according to TÜİK data.