Expand your workforce in Turkey without getting entangled in the red tape
Turkey, with its rich cultural heritage and dynamic workforce, is a strategic gateway between Europe and Asia. As one of the world’s fastest-growing economies, Turkey plays a crucial role in global trade and economic collaboration.
Its well-developed infrastructure, competitive labor market, and investor-friendly policies make Turkey an appealing destination for businesses across various industries.
If you’re planning to expand your business into Turkey, an Employer of Record (EOR) can help you get started seamlessly. With an EOR, you can avoid the complexities of setting up a local entity or managing HR operations on your own.
Why choose an EOR for hiring in Turkey?
Expanding into new markets like Turkey can be challenging, especially for companies lacking the resources, time or expertise to manage global expansion effectively. Hiring new talent and ensuring compliance with local requirements can feel overwhelming. An Employer of Record (EOR) simplifies this process, making it faster and easier to onboard new hires in Turkey.
Here’s how an EOR can help:
- Hire employees quickly and onboard them seamlessly without the need to establish a local entity in Turkey.
- Ensure full compliance with Turkish labor laws and regulations, as the EOR assumes responsibility for legal adherence.
- Simplify HR tasks with the EOR managing payroll, tax filings, and employee benefits efficiently.
- Reduce administrative burdens by delegating HR, payroll, and compliance complexities to the EOR, allowing you to focus on scaling your business.
By acting as the legal employer for your team in Turkey, an EOR takes care of critical tasks like employment contracts, payroll processing, and benefits management, all while ensuring compliance with local laws.
With an EOR managing your HR and compliance needs, you’ll have the time and flexibility to concentrate on expanding your business in Turkey.
Choosing between an EOR and PEO in Turkey
Exploring opportunities in a new market like Turkey often comes with an important decision: choosing between an Employer of Record (EOR) and a Professional Employer Organization (PEO). To make the right choice, it’s crucial to understand the key differences between the EOR & PEO.
For employers seeking a solution that fully covers compliance with Turkish employment laws, an EOR offers a more comprehensive and low-risk approach. It takes care of all legal and HR complexities, allowing you to navigate the Turkish market with confidence.
However, selecting the right EOR provider is crucial to ensuring a seamless and successful expansion into Turkey.
Employ top talent in Turkey through an EOR
Onboard, pay, and manage all your international employees
How to select the right EOR provider in Turkey
Selecting the right Employer of Record (EOR) provider in Turkey requires thoughtful evaluation. Not all providers have the expertise or capabilities to support your hiring needs effectively in this market. Consider factors like their knowledge of Turkish employment laws, service reliability, and cost transparency.
Choosing the wrong partner could lead to compliance challenges, unexpected expenses, or a subpar experience for your employees.
Here’s what to focus on when making your decision:
- Expert knowledge of compliance: Look for an EOR with in-depth expertise in Turkish labor regulations, tax obligations, and employee benefits. Their track record should demonstrate success in managing compliance across industries, including those relevant to your business.
- Reliable and responsive support: Ensure the provider offers consistent support and assigns a dedicated account manager to address your needs. Round-the-clock human support, rather than chatbots, is key to resolving issues quickly and efficiently.
- Clear and upfront pricing: Verify that the EOR’s pricing structure is easy to understand. Beware of hidden fees or vague charges. A detailed cost breakdown will help you assess the total financial commitment.
- Long-term value: The cheapest option may not always deliver the quality and reliability you need. Opt for an EOR that balances affordability with high standards, ensuring minimal risks and smooth operations over time.
Choosing the right EOR provider is only the first step. To maximize the benefits of your expansion and ensure seamless operations, it’s equally important to understand how EOR services work in Turkey.
How EOR services work in Turkey
EOR services are designed to adapt to your unique business needs, ensuring a flexible and efficient approach to hiring and compliance. While the process typically follows key steps, the sequence may vary based on your requirements. Here’s how an EOR like Multiplier can simplify your expansion into Turkey:
Step 1: Ensure compliance with Turkish labor laws
Before hiring begins, the EOR ensures that all employment practices align with Turkish labor regulations. This includes understanding tax obligations, social security requirements, and mandatory employee benefits. Compliance is the foundation of a smooth expansion, mitigating risks from the start.
Step 2: Draft and share a compliant employment contract
Once compliance is secured, the EOR prepares a locally compliant employment contract. Providers like Multiplier can generate contracts aligned with Turkish labor laws in minutes, with terms customized to include job responsibilities, working hours, remuneration, and termination conditions. The EOR then securely shares the contract with the new hire for signing.
Step 3: Add competitive employee benefits
To attract top talent, the EOR helps craft a benefits package tailored to local expectations. Instead of researching vendors yourself, the EOR simplifies the process by providing access to locally prevalent options while ensuring compliance with Turkish standards.
Step 4: Gather and process required documentation
The EOR collects all necessary documents, such as tax numbers, banking details, and identification, from your new hires. Using automation tools, providers like Multiplier ensure accuracy and timely submission, making the onboarding process seamless.
Step 5: Manage payroll and tax compliance
Once employees are onboarded, the EOR handles payroll, ensuring precise calculations of salaries, taxes, social security contributions, and deductions. With a global payroll solution, you can consolidate payroll operations across multiple markets, including Turkey, saving time and reducing errors.
Step 6: Ongoing management and compliance
From accurate payroll processing to ensuring benefits and taxes are handled correctly, the EOR remains an ongoing partner. If an employee resigns or requires termination, the EOR manages the process in compliance with Turkish labor laws, including severance payments and required documentation.
By tailoring these steps to your priorities, an EOR ensures a stress-free process, allowing you to focus on scaling your business in Turkey.
Make Multiplier your strategic ally for Turkish expansion
Expanding into Turkey comes with unique opportunities and challenges. With Multiplier as your strategic partner, you can seamlessly navigate the complexities of Turkish labor laws, payroll, and compliance effortlessly.
From drafting compliant employment contracts to managing payroll and benefits tailored to local expectations, Multiplier’s Employer of Record (EOR) services provide a seamless, end-to-end solution. You can focus on building a strong team and driving business growth while leaving the administrative and legal intricacies to Multiplier.
Book a demo to empower your Turkish expansion with a partner you can trust—Multiplier.
