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When wage will be paid?

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When wage will be paid?

1- What is wage?
According to the labor Law no. 4857 article no. 32, wage is defined as follows.
Wage: It is a payment made by the employer or by the third person  to the employee in return for labor.
2- How is it paid?
Payments are made;
–via Turkish Banks to the Turkish bank accounts or,
– if it is decided to be made as currency, it is paid in accordance with daily exchange rate.
3- Which cannot be considered as wage?
–Payment cannot be made by promissory note or bond
– by coupon
– by bill claimed to represent the money in country
–and by any other way.
4- When it needs to be made?
–It has to be made within a month.
– It can be reduced to a week according to the labor contract or collective labor agreement.
5- When labor contract terminates, which payments need to be made to the employee?
If labor contract terminates
– Employer’s wage,
–Rights stemmed from labor contract,
– Rights stemmed from law has to be paid unconditionally.
6- How much is the time-out in payments?
Time –out is the five years in payments.

Source: Labor Law 4857
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