5 possibilities for the minimum wage hike: Here are the figures on the table...
The process for the minimum wage hike, which millions of employees are eagerly awaiting, is beginning. The Tripartite Advisory Board, consisting of representatives from workers, employers, and the government, will hold its first meeting on October 21. In this process, which will directly affect the income of citizens, there are five different hike scenarios on the table.
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The minimum wage process, which concerns millions of employees, is beginning. The Tripartite Advisory Board will meet on October 21 to discuss the functioning and structure of the Minimum Wage Determination Commission.
The determination process for the minimum wage, which directly affects the income of millions of employees and determines many payment and debt items, is starting.
The Tripartite Advisory Board, consisting of representatives from workers, employers, and the government, will come together on October 21 to discuss the functioning of the Minimum Wage Determination Commission.
At the meeting to be hosted by the Ministry of Labor and Social Security, the parties will exchange ideas on the structure and working principles of the Commission before the minimum wage negotiations begin in December.
THE COMMISSION CONSISTS OF 15 MEMBERS
According to legal regulations, the Minimum Wage Determination Commission consists of a total of 15 people, with five representatives each from the worker, employer, and government sectors.
Currently, the minimum wage is applied as a monthly gross of 26 thousand 5 lira and 50 kuruş for one worker, and a net of 22 thousand 104 lira and 67 kuruş after deductions.
Inflation forecasts will be decisive in determining the minimum wage that will be valid in 2026. The year-end inflation expectation in the Medium-Term Program was announced as 28.5 percent.
This rate will be one of the most important reference points for the Minimum Wage Determination Commission. If the Commission decides on an increase at this rate, the new gross minimum wage will rise to 33 thousand 417 lira, and the net wage will rise to 28 thousand 403 lira.
If the increase rate is 30 percent, the net wage will reach 28 thousand 736 lira, and with a 40 percent increase, the net minimum wage will reach the level of 30 thousand 946 lira.
CURRENT MINIMUM WAGE
Gross wage: 26,005 TL
Net wage: 22,104 TL
IF IT INCREASES BY 28.5 PERCENT
Gross wage: 33,417 TL
Net wage: 28,403 TL
IF IT INCREASES BY 30 PERCENT
Gross wage: 33,807 TL
Net wage: 28,736 TL
IF IT INCREASES BY 35 PERCENT
Gross wage: 35,107 TL
Net wage: 29,841 TL
IF IT INCREASES BY 40 PERCENT
Gross wage: 36,407 TL
Net wage: 30,946 TL
IF IT INCREASES BY 50 PERCENT
Gross wage: 39,008 TL
Net wage: 33,156 TL