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Incentive Discount Transactions
The Young Employment Incentive No. 6111 is the support that is brought by employers to employ more employees and that a portion of the SGK premium should be paid by the Treasury and Unemployment Insurance Fund. Provisional Act No. 4447 10. It means that the employer’s insurance premium, which is 34.5% for the main purpose of this incentive, should be covered by the Treasury at 5% and Unemployment Insurance Fund at 15.5%.
The Youth Employment Promotion No. 6111, which aims to improve employment numbers in Turkey and to enable more people to find jobs, can also be regarded as a support given by employers to meet their worker deficits. If both forward-looking and past-looking incentives are possible with the new regulations, it is obvious that employers will create more employment opportunities with young employment incentives No. 6111.
In order to increase the participation rates of women and young people in employment and to meet as much as possible the employment gap of employers, the young Employment Incentive No. 6111 aims to promote quality production and high performance in addition to promoting vocational and technical education. For the first time on 13.02.2011 accepted 6111 on restructuring of certain receivables with the social insurance and general health insurance law and certain other laws and decrees of the law on 74. provisional article 10 added to the law No. 4447. This incentive, regulated under the clause, has been a serious boost for employers for many years.
The employer’s share that the employer must pay from the insurance premium calculated on the principal earnings to be paid for the insured to be hired by the private sector enterprises until 31.12.20220 will be supported by the Unemployment Insurance Fund. In this way, while supporting the employer who is hesitant to hire workers, the workers will be provided with the Unemployment Insurance Fund. This support, which includes employers and workers who meet certain conditions, aims to create serious employment.
Under the young Employment Promotion No. 6111, people who want to employ workers or start a business are expected to meet certain conditions. In this context, it is possible to divide the conditions to benefit from the incentive from the point of view of the employer and from the point of view of the employee.
In case the workers and employers meet the above conditions jointly, The Young Employment Incentive No. 6111 may be used.
No 6111 within the scope of Youth Employment Promotion periods are clearly defined in the law. For this reason, the qualifications of the insured play a serious role on the benefits period.
As a rule, the amount to be paid within the scope of this incentive, which will be implemented for the last time in 2020, is calculated according to the above rates. You can get detailed information for this calculation by contacting us.
Attention Will Be Paid When Benefiting from The Youth Employment Incentive No. 6111
When you receive support within the scope of Youth Employment Promotion No. 6111, you should consider the following issues. Otherwise, you are likely to be unable to benefit from support.