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Increase of Minimum Wage by 55% for 2023 in Turkey

 

 

According to the decision of the Minimum Wage Determination Commission, the minimum wage has been raised in Turkey. The Decision of the Commission was published by the Ministry of Labour and Social Security in the Official Gazette dated December 29, 2022.

The minimum wage for regular daily work for employees working under an employment contract in the country, regardless of whether they are protected by the Labour Law, has been determined as TRY 333,60 from January 1, 2023, to December 31, 2023. Thus, the monthly minimum wage will be gross TRY 10.008.00, i.e., TRY 8.506.00, as of January 1, 2023. It was announced by Receb Tayyip Erdoğan, President of the Turkish Republic, on December 22, 2022. That is a 55% increase from the level determined in July and a 100% hike from January.

Besides, according to the decision, the minimum wage support given to employers will be 250 TL from January to June 2023.

The President of Turkey stated that the minimum wage might be hiked again within the year, if necessary.

 

 

 

  • Author: FChain Media

Public Relations Manager

20.01.2023
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