Human resource management

LabMin Turcan: No one has planned to abolish bonuses

Minister of Labor and Social Protection Raluca Turcan declared on Thursday, in southeastern Constanta, that the government is not planning to abolish the bonuses granted to the public sector employees, but to have the employee firstly attracted by the salary and less by the bonuses. "I would like to dismantle some fake news that has been spreading in the last hours.

BNS concerned plans to change Kurzarbeit law turn employees into puppets at employers' whim

The proposals of the Minister of Labor and Social Protection regarding the change of the law on flexible work turn the employees into puppets at the permanent disposal of the employers, argue the representatives of the National Trade Union Bloc (BNS). The trade union organization expressed concerns about LabMin Raluca Turcan's announced plans to amend OUG No.

Total turnover in Turkish economy jumps 38.9% in November

Turkey's turnover index soared 38.9% in November over the same month in 2019, the statistical authority announced on Jan. 13. 

The index saw the biggest change in the industry and trade sector, up 46.2% and 44.6%, respectively, year-on-year in November, TÜİK figures showed.

The construction index saw a 16.6% annual rise, while the services sector posted an increase of 16%.

Fifth round of loans begins

The countdown has started for the fifth phase of the popular "Deposit To Be Returned" program - cheap state loans that thousands of enterprises and freelance professionals are relying on to cover their losses from the lockdown and the Christmas turnover they have missed out on.

Startuppers feeling upbeat

Despite the ongoing health crisis, a number of enterprises are optimistic about what 2021 may hold. A recent ICAP survey showed that while five out of 10 enterprises expect their turnover this year to be smaller than in 2019, they still consider it will be an improvement on 2020.

Economy Minister: BGN 156 Million Will Be Redirected to Closed Companies in Bulgaria

BGN 156 million will be redirected for the implementation of the new anti-crisis measure in support of the businesses in Bulgaria closed by the order of the Minister of Health.

The aid will be differentiated, depending on the lost turnover, announced the Minister of Economy Lachezar Borisov.

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