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ISSN: 2333-9721
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Employment Analysis of the Turkish Banking Sector and Possibilities for Increasing the Employment Capacity

Keywords: Employment , Labor Force , Intermediation Costs , Banking Sector , Government Incentives.

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Abstract:

In recent years, Turkish banking sector has a speed upward trend in employment capacity. But comparing with the developed countries banking sectors, the number of labor force in Turkish banking sector is far below from the level that it could be. Certainly, employment capacity is directly related with the size of the sector. But, in Turkish banking case, it is seen that, total number of the labor force is far more behind than even its potential level. The comparative data with the European Union and the United States show this fact obviously. Increasing of the asset size and employment capacity of Turkish banking sector to the level of developed countries could be achieved justly in the long term. However, it is possible to attain higher employment levels in the short-term by some government regulations and incentives. Providing incentives to increase the number of the bank branches that are the most important source of employment in the sector and implementing measures to raise employee qualifications will make an important contribution to the banking sector and the economy in Turkey.

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