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Türkiye
- Recruitment landscape
- Economic indicators
- Labor market
- Working life
Your global agency guide to...
Türkiye
Türkiye, with a GDP of $1.1 trillion, ranks as the 18th largest economy globally. Key industries include textiles, food processing, and construction. The labor market is stable, yet challenged by a 9.4% unemployment rate. Türkiye has several recruitment agencies, reflecting a diverse job market. Gender disparities in labor participation remain significant.
Türkiye'S
AGENCY LANDSCAPE
700
Agencies operating in Türkiye
A high number of agencies indicates a mature recruitment industry, marked by strong talent demand, established labor laws and economic stability.
15-20%
Typical fee range
Countries with higher fees imply finding talent is harder to find whilst lower fees indicate a high-volume, commoditized market.
Türkiye'S
FEATURED AGENCIES
Manpower Group
Randstad
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Türkiye'S
GROSS DOMESTIC PRODUCT (GDP) RATING
18
WORLD RANKED
Türkiye ranks 18th in the world by current economic output
$1.1T
NOMINAL GDP (US$)
GDP reflects the overall size and economic strength of the country’s economy.
8
EMEA RANKED
Türkiye is the 8th biggest GDP in EMEA out of 109 countries in the region
GDP GROWTH (%)
The above chart compares how Türkiye's GDP has grown, compared to the rest of the world and the EMEA region in the last 7 years.
Positive growth indicates an expanding economy, while negative growth or recession signifies economic contraction. Strong growth can encourage hiring, but slower growth might lead to freezes or layoffs, influencing talent sourcing as businesses adapt to changing market conditions and demands.
Türkiye'S
CURRENCY AND CODE
TL
Country currency
TUR
Country ISO code
Türkiye'S
INFLATION RATE
59.5%
CURRENT RATE
▲5.6% INCREASE
Inflation represents the rate at which prices rise and purchasing power diminishes. High inflation may prompt employees to seek higher wages, potentially impacting company profitability. This situation could lead to budget constraints or hiring freezes, which might influence talent availability and sourcing strategies.
Türkiye'S
COST OF LIVING
COST OF LIVING INDEX EXPLAINED
The cost of living has a direct impact on salary expectations and the competitiveness of compensation packages. It can influence the appeal of certain locations-while high-cost areas may attract highly skilled professionals looking for higher salaries, lower-cost areas can appeal to companies looking to minimize salary expenses or candidates seeking a better work-life balance.
Türkiye'S
LABOUR STATISTICS
85M
POPULATION
With a population of 84,680,273, Türkiye is a medium sized country by global standards. Türkiye's youth population is close to the world average, suggesting a consistent influx of new workers, but may not see any significant growth. The working population in Türkiye is close to the world average, suggesting a stable labor market that can adequately meet the economy's demands. Türkiye's elderly population is close to the world average, suggesting a manageable dependency ratio, where the working-age population can effectively support the elderly.
Türkiye'S
RELIGION AND ETHNICITY
Religion
In religiously diverse countries, a broad sourcing and engagement approach whilst appealing to inclusive practices resonates with this candidate market. In contrast, in a homogeneous religious environment, understanding dominant cultural norms is often more important when engaging with talent.
Ethnicity
In ethnically diverse countries, there may be a greater variety of candidates with different cultural backgrounds and experiences. Employers may need to focus more on inclusive hiring practices to ensure they attract talent from across different ethnic groups.
Türkiye'S
UNEMPLOYMENT RATE
9.4%
CURRENT PERCENTAGE
▼1.02% REDUCTION
Türkiye has a severly unhealthy unemployment rate, signalling there is significant economic problems. Between 2022 and 2023, there was a large decrease, suggesting a positive shift toward better economic stability with significant improvement in job availability
Türkiye'S
TOP PERFORMING INDUSTRIES
Top industries
Automobiles
Electronics
Steel
Türkiye'S
GENDER DEMOGRAPHICS
RATIO OF MALES TO FEMALES (BY AGE)
LABOUR PARTICIPATION BY GENDER (%)
72
/
35
Male | Female
In Türkiye there is a large gap in participation rates between males and females, indicating significant structural or cultural barriers preventing more equal gender parity.
Türkiye'S
WORKING LIFE
$12K
Average gross annual wage (US$)
This figure represents yearly income before taxes. Higher wage countries are above $50,000 USD. Attracting talent in lower-wage markets can be cost-effective; however, offering above-average compensation may be required for in-demand skills.
$968
Average gross monthly wage (US$)
This figure represents monthly income before taxes. Higher-wage countries typically exceed $4,000 USD per month. Attracting talent in lower-wage markets can be cost-effective; however, offering above-average monthly compensation may be necessary for in-demand skills.
Türkiye'S
WORKING LIFE
14DAYS
Minimum annual holidays
Minimum annual holidays reflect mandated leave. Hiring in countries with high allowances (over 25 days) will require emphasizing work-life balance when recruiting. In countries with fewer holidays (under 15 days), offering additional leave can enhance recruitment and set the organization apart.
45HRS
Average working full time week
Standard working hours are limited to 9 hours daily, Monday to Friday. For work beyond these hours or on weekends, employees are typically entitled to overtime pay, varying by jurisdiction.
Türkiye'S
TOP BENEFITS
16WEEKS
Maternity leave
Maternity Leave: 16 weeks (8 pre-birth, 8 post-birth) at 66.67% salary paid by Social Security after 90 days of premiums. Paternity Leave: 5 days at 100% salary. No legal parental leave.
1WEEKS
Sick leave
Employees receive 1 week of paid sick leave with Social Security benefits. Further sick leave is permitted but without pay.
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