NEW THRESHOLD FOR WAGE AND OTHER EMPLOYMENT PAYMENTS VIA BANK TRANSFER
In this Newsletter, we would like to inform you about a recent amendment concerning wage and other payments of employees, namely; Regulation Amending the Regulation on the Payment of Wages, Bonuses, and All Types of Receivables of This Nature via Banks (in Turkish, “Ücret, Prim, İkramiye ve Bu Nitelikteki Her Türlü İstihkakın Bankalar Aracılığıyla Ödenmesine Dair Yönetmelik’te Değişiklik Yapılmasına İlişkin Yönetmelik”, the “Amending Regulation”) published in the Official Gazette numbered 32920 and dated 4 June 2025. The Amending Regulation modifies several provisions which are explained below.
With the Amending Regulation, the thresholds set out in Articles 6, 7, 8 and 10 of the Regulation on the Payment of Wages, Bonuses, Premiums and all Types of Receivables of This Nature via Banks (the “Regulation”) have been revised in relation to the employer’s obligation to make such payments via banks to employees working under the following laws:
- Journalists subject to the Press Labor Law numbered 5953,
- Seamen subject to the Maritime Labor Law, and
- Employees subject to the Labor Law.
Under the Regulation, the condition requiring employers employing “at least five (5) persons” in order to be subject to the obligation to make stipulated payments via banks has been modified to “at least three (3) employees”.
These provisions shall enter into force at the beginning of the month following their publication in the Official Gazette i.e. 1 July 2025.
It is crucial to fully comply with the modified provisions of the Regulation to avoid being subject to any administrative penalties, and therefore, this is of paramount importance for employers to correctly evaluate the total number of employees covered under the aforementioned labor laws and amend their payment practices for ensuring full compliance with the modified legal requirements as from 1 July 2025.
Our Law Firm remains at your disposal for any further clarifications you may need.
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