Inflation adjustment for salary promotions is on the table

The Ombudsman Institution discussed the applications to make adjustments in the salary promotions given to the employees by the banks according to the increase in inflation. The institution will meet with the institutions after making the necessary evaluations.

An employee applied to the Ombudsman Institution to renew the salary promotions signed between many institutions, especially the Social Security Institution and a bank in 2021, due to inflation and developments in the economy.

In the application, it was stated that in the promotion protocol signed with the bank, 111 lira was determined as the monthly fee, and approximately 4 thousand liras, which is the equivalent of 3 years, was paid in cash to the employees.

INCREASED ACCORDING TO THE INCREASED INFLATION

In the application, which stated that there was an increase in inflation rates as a result of the economic developments in the world after the signing of the contract, it was requested that the bank promotion amount be increased according to the increase in inflation, and the difference to be paid to the employees in one go according to the calculation to be made for the period until the end of the protocol.

In addition, in the application, which stated that the application made for a continuous increase in the bank’s salary promotion amounts was not previously approved by the Social Security Institution, it was argued that unilateral termination of the contract would not impose any financial burden on the institutions if the promotion contracts were not revised by the banks.

The KDK will conduct the necessary examinations regarding the application and conduct interviews with the relevant institutions.

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