[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[]
Related Funds
[]
English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
oda_UpdateAnnouncementFlag|
Update Notification Flag
Evet (Yes)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
03.06.2021
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|

Collective Bargaining Agreement negotiations between our company and Haber-İş Union for the 14th period that started on April 5, 2021 were concluded with an agreement. This Collective Bargaining Agreement covering around 10,000 of our unionized employees in Turkey will be effective for 2 years between March 1, 2021 and February 28, 2023.

According to the agreement, it has been decided

- to increase the monthly base wages of our unionized employees, who were working at the workplace at the signing date of the contract, to TL 4.200, for those whose monthly base wages were below 4.200 TL on February 28 2021,


After the improvement, the wage increases of all our unionized employees for the

- first 6-month period will be TL 850,

- second 6-month period will be TL 450,

- third and fourth 6-month periods will be 5.50% respectively.


Additionally, if inflation rate (CPI) in the third and fourth 6-month periods exceeds 5.50% respectively, wages will be adjusted by the excess of the corresponding amount, and further the employer will give union members a gross amount of TL 1,000 advance payment before the Ramadan and Sacrifice feasts, effective from the second year of the contract.