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Overtime!

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Overworking means an overtime when one works more than 45 hours accepted normal working hours in a week according to article 41 of the Labor Law no. 4857.
Overtime wage is calculated differently for weekdays and weekends.
Calculation of overtime wage;
-The day wage should be raised fifty percent (50%) for the overtime in weekdays.
-The day wage should be raised one hundred percent (100%) for the overtime at weekends.
– The day wage should be raised one hundred percent (100%) for the public holidays and festive holidays.

Sample 1: The normal weekly working hours of an employee, whose net pay is 2.500,00 TL in January 2017, are 45 hours. His/her monthly working hours are 195 for 30 days. This employee has 7 hours overtime in weekdays, 10 hours overtime at weekend and 7, 5 hours overtime in public holidays and festive holidays. Accordingly, employee’s monthly salary should be calculated as stated below:Source: The Labor Law no. 4857
Date: 26 January 2017

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

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