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New Labor Law Periodic Bonus Rate
The new Labor Law's provisions focused on establishing the periodic allowance for workers, which must not be less than 3% of the insured wage. The allowance is payable annually after one year of employment or after the entitlement to the previous allowance. The National Wage Council has the right to review and reduce or exempt establishments from the allowance in cases of difficult economic circumstances. Additionally, the National Wage Council was established, headed by the Minister of Planning, and composed of members from various ministries, agencies, trade unions, business owners, and workers' organizations. Its goal is to set regulations for allowances that balance the interests of workers and employers. The rights of workers and the obligations of employers were also examined, with provisions preventing workers from transferring between categories without their approval. Workers retain their acquired rights even when changing establishments, and contracts cannot be terminated due to organizational changes or legal actions.
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