GLOBAL PAYROLL MAGAZINE
59
h of the Payroll ion
of launching a company rvices first crossed my receptive to the idea.
During this era, the concept of Human Resources was virtually non-existent in Turkish corporate culture. Payroll functions were relegated to the realm of Financial Affairs, where employees were often regarded merely as expenditure items. As Datassist endeavoured to pioneer a service that was yet to be embraced by the market, the winds of change were beginning to stir. While the bursting of the IT bubble in the early 2000s had minimal impact on Turkey compared to global repercussions, the country was navigating through its own tumultuous waters. A period marked by political upheaval, famously dubbed “Black Wednesday,” saw Turkey plunging into a severe financial crisis. The rapid devaluation of the Turkish
Made with FlippingBook Annual report maker