Using our EOR services in Türkiye allows you to access the opportunities of the Turkish market within days while we take care of the paperwork for hiring your workforce compliantly. Türkiye is often classified as a newly industrialised country by economists and political scientists, while Merrill, the World Bank, or The Economist describe Türkiye as an emerging market economy. The World Bank classifies Türkiye as an upper-middle-income country in terms of the country’s per capita GDP (€8,094 in April 2022).
Türkiye is a founding member of the Organisation for Economic Co-operation and Development (OECD) and the G-20 major economies (1999). Its nominal GDP peaked at €958 billion in 2013, ranking 16th in the world in that year, while its nominal GDP per capita peaked at €12,505 in 2013, ranking 64th.
But each new market brings new challenges. These can be worked through efficiently and cost-effectively with the support of an international Professional Employer Organisation (PEO) such as Bradford Jacobs, primarily through our Employer of Record (EOR) framework. This can be best utilised when businesses are just beginning their expansion process and require more information before incorporating an entity and fully establishing themselves in that market.
Our EOR services in Türkiye offer our global entity network to companies considering an expansion. We become your international employees’ Employer of Record, meaning that we take full responsibility for your employees’:
As an Employer Of Record, we conclude an agreement with you and the employee who will be working for your company. Your company maintains control over your employee’s working relationships, work ethics, tasks, and daily responsibilities. We become the legal employer of your new workforce.
Our agency in Türkiye will legally hire your selected employees while you are responsible for their day-to-day activities. We currently operate in over a hundred countries where we use local networks of experts, which allows us to gain expert knowledge of Turkish laws and regulations and recruitment customs and trends. By partnering with us as an EOR, your company will also have access to this specialist knowledge.
Our contract with your employee is 100% compliant with Turkish labour laws and includes benefits such as insurance and pensions. We can hire, onboard, and manage your new employees in Türkiye within days. Here is what we can do for you:
The most significant benefit of using our EOR services in Türkiye is probably that there is then no necessity for you to set up an entity there. This process can take months, and during this period, it is unlikely that you will have legal resources to pay your employees in Türkiye, resulting in a considerable delay in your Global Expansion plans.
Global expansion is an exciting step that often leads to a growing and successful business, but the red tape in a new country can be demotivating and frustrating. Imagine a way to expand your business without red tape globally and at low costs: that is what working with an EOR can do for you. By letting us take care of the hard part, you can focus on the significant part: expanding your business into Türkiye.
These are the aspects we can take away from you:
As an employer, you are usually responsible for all legal aspects regarding your employees’ employment. We have extensive experience with Turkish payroll, taxes, and other Turkish laws and regulations at Bradford Jacobs. In a new country, this process will probably take some more effort, but it does not have to.
We can help you with the following:
Employees are the central core of your business. They keep the engine running; therefore, creating a stable agreement that satisfies both employer and employee is essential. As a legal employer, the EOR is responsible for keeping employees happy with the work agreement. Due to our broad network and experts, we can offer employees great benefits and a reliable, compliant employment contract.
We will make sure they enjoy the following:
Working with contractors on a project- or temporary basis can provide an excellent solution during your global expansion. At Bradford Jacobs, we have access to a vast pool of international contractors and can find you the perfect fit for your project or expansion. Since it is not allowed for a contractor to work full-time for you solely, we can always set up an EOR when necessary, providing you with a swift solution for your international workforce.
Feel free to share your plans and dreams with us so that we can find the perfect solution and provide a compliant working agreement that suits everyone.
For more information, download our free guide or get in touch with our consultants here