İş Yasası

New Rule on Wage Payments in TRNC: Bank/Cooperative Transfer Requirement for Employers with 5+ Employees (Effective 31 March 2026)

İş (Değişiklik) Yasası: Ücret Tanımı Netleşti, 5+ Çalışanda Bankadan Ödeme Zorunlu

A key change to wage payments is coming into force under the Labour (Amendment) Law. Starting from 31 March 2026, if the total number of employees working in workplaces belonging to the same employer is at least 5, the employer must pay each employee’s net wage (the amount remaining after statutory deductions) into an account opened in the employee’s name at a bank or a cooperative.

The amendment also clarifies the general definition of “wage” by emphasizing that it covers amounts provided in return for work or services by the employer and/or third parties, and paid in cash or through banks/cooperatives.

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