Wages and benefits

We implement a remuneration system that is based on the content of the work performed, and not on title or function. Position sizes are categorized under bands and wage policies are determined accordingly. Our remuneration system seeks to ensure that the total wages earned by our employees are determined according to competitive and fair corporate policies that take current market trends into account.

Our remuneration system differentiates and rewards performance as a means of employee motivation. Individual wages are reviewed once a year depending on economic indicators and balance within the company.

We offer extensive side benefits that complement the professional and personal lifestyles of our employees. Employees are also eligible for Flextra, a flexible benefits scheme that they can customize according to their individual needs. They can choose between alternatives including life insurance, gift cards, check-ups and private pension plans within the benefits budget allocated to them.

Benefits

Benefits provided for the employees are categorized under the following titles:
A. Benefits for all employees
B. Benefits for certain positions

A. Benefits for All Employees

  • Membership in Koç Holding Fund for Retirement and Social Support

  • Private Heath Insurance

  • Training: To support employees’ professional and personal development

  • Awards: For supreme performance, devotion, contribution and creativity

  • Discount for the company's products

  • The Koç Family Program (provides employees of the Koç Group with special advantages regarding products and services of the companies of the Koç Group, special campaigns and extra benefits.)

  • Loan application (for car, house purchases, special events etc.)

  • Social Benefits (i.e. fund for marriage, birth, education and etc.)

  • Lunch

  • Medical Service at workplace

  • Transportation


    B. Benefits For Certain Positions

  • Car

  • Mobile phone

  • Check–up

  • Oil expenses

  • Car repair and maintenance

  • Accident Insurance

  • Lunch ticket

Annual Leave Policy

Length of Services

Annual Leave /per year

1-5 years

18 days

6-14 years

22 days

15 + years

26 days

 

Within the scope industrial relations policy, Beko respects the rights of employees to join industrial associations and unions.

Our company pays careful attention to protect the peaceful environment in the workplace by the way of conforming to the requirements of legislation and collective bargaining agreement within the framework of trust formed with employees and unions.