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FinancialNews
08-04-20
Turkey to pay 60 percent of staff salaries for period of 3 months
(MENAFN) Turkey has taken measures to cushion the economic outcome of the COVID-19 pandemic to protect both employers and employees.
Any company forced out of business because of a Force Majeure, like the pandemic, can approach the government.
The government will provide 60 percent of the employees' salaries for a period of 3 months.
With this short-term employment allowance, the government will make direct transfers, within the ranges of USD260 to USD650 in the employees' bank accounts directly; the government will also pay for their health insurance during the period.
MENAFN0804202000450000ID1099988888
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