Find news published in the date range below
and and
and and
and and
Clear
Euro
Arrow
53,9559
Dollar
Arrow
44,7367
Sterling
Arrow
63,0235
Gold
Arrow
6316,7683
BIST 100
Arrow
10.729

Citizens have started calculating their own minimum wage: Here are 6 different scenarios!

The minimum wage increase must be determined by December 31, 2024, at the latest. As of November, while the Minimum Wage Determination Commission is expected to convene and the first figures are expected to become clear, there are 6 prominent figures. Here are those figures...

Don't leave your news choices to an algorithm - decide for yourself what you read. Add 12punto to your preferred sources!
Citizens have started calculating their own minimum wage: Here are 6 different scenarios!

There are at most 59 days left until the 2025 minimum wage is determined.

Citizens have started calculating their own minimum wage: Here are 6 different scenarios!

The Minimum Wage Determination Commission is expected to convene, with worker and employer representatives and Ministry officials coming together to present their demands.

Citizens have started calculating their own minimum wage: Here are 6 different scenarios!

Evaluations from the International Monetary Fund regarding the minimum wage in Turkey had angered citizens.

Citizens have started calculating their own minimum wage: Here are 6 different scenarios!

IMF Turkey Mission Chief Jim Walsh stated that the minimum wage should not be raised as it was last year, noting that this situation poses a risk for inflation.


Citizens have started calculating their own minimum wage: Here are 6 different scenarios!

Central Bank Governor Fatih Karahan, on the other hand, had said that a minimum wage increase of around 25 percent would be consistent with the 2025 inflation outlook. 

Citizens have started calculating their own minimum wage: Here are 6 different scenarios!

With a 25 percent raise announced by Karahan, it is projected that the minimum wage could be 21 thousand 252 TL.

Citizens have started calculating their own minimum wage: Here are 6 different scenarios!

Citizens, however, cannot reach a clear figure due to the gap between the inflation rates announced by TURKSTAT and ENAG.

Citizens have started calculating their own minimum wage: Here are 6 different scenarios!

The lack of a mid-year adjustment in 2024 also significantly eroded citizens' incomes.

Citizens have started calculating their own minimum wage: Here are 6 different scenarios!

Experts agree that a raise of at least 50 percent is necessary to compensate for last year's erosion. 

Citizens have started calculating their own minimum wage: Here are 6 different scenarios!

Here are the new wages that would emerge between the 25 percent indicated by Karahan and the 50 percent indicated by experts...

Citizens have started calculating their own minimum wage: Here are 6 different scenarios!

25 PERCENT

Gross wage: 25,003

Net wage: 21,253

Cost to employer: 29,379

30 PERCENT

Gross wage: 26,003

Net wage: 22,103

Cost to employer: 30,554



Citizens have started calculating their own minimum wage: Here are 6 different scenarios!

35 PERCENT 

Gross wage: 27,003

Net wage: 22,953

Cost to employer: 31,730

40 PERCENT 

Gross wage: 28,003

Net wage: 23,803

Cost to employer: 32,904


Citizens have started calculating their own minimum wage: Here are 6 different scenarios!

45 PERCENT 

Gross wage: 29,003

Net wage: 24,653

Cost to employer: 34,079



Citizens have started calculating their own minimum wage: Here are 6 different scenarios!

50 PERCENT 

Gross wage: 30,003

Net wage: 25,503

Cost to employer: 37,255



News Source : 12punto

minimum wage minimum wage interim raise Minimum Wage Determination Commission minimum wage increase