Results of survey with 20,000 participants announced: What is the minimum wage expectation?

The survey conducted by Ekonomim Newspaper, which involved 20,000 participants and lasted 4 days, has revealed the expected increase rates for the minimum wage. The majority of those who participated in the survey expect a raise between 20 and 40 percent for the minimum wage. Considering that the current net minimum wage is 17,002 Turkish Lira, salaries could rise from 20,572 Turkish Lira to 24,482 Turkish Lira with raises at different rates.

Don't leave your news choices to an algorithm - decide for yourself what you read. Add 12punto to your preferred sources! Don't leave your news to an algorithmYou decide which source to read; add 12punto to your preferred sources.

Results of survey with 20,000 participants announced: What is the minimum wage expectation?

1 / 10

According to the report by Ekonomim newspaper, 31 percent of the survey participants (6,141 people) stated that they expect a 20-25 percent raise in the minimum wage, while 26 percent (5,297 people) indicated they expect a 35-40 percent increase.

2 / 10

In the survey, the rate of those expecting a 25-30 percent raise in the minimum wage was determined to be 26 percent (5,189 people), while the rate of those expecting a 35-40 percent increase was 17 percent (3,373 people).

3 / 10

The minimum wage is currently applied as 20,002 Turkish Lira gross.

4 / 10

From this amount, a total deduction of 3,000 Turkish Lira is made, consisting of a 14 percent (2,800 Turkish Lira) Social Security Institution (SGK) premium and a 1 percent (200 Turkish Lira) Unemployment Insurance premium.

5 / 10

Thus, the net minimum wage is paid as 17,002 Turkish Lira.

6 / 10

The Central Bank of the Republic of Turkey (TCMB) had set its year-end forecast for 2024 at 44 percent and its year-end forecast for 2025 at 21 percent.

7 / 10

In this context, if a raise is made based on the 44 percent rate, the net minimum wage will rise to 24,482.88 Turkish Lira, and if a 21 percent raise is made, it will rise to 20,572.42 Turkish Lira.

8 / 10

If a 25 percent raise is applied to the minimum wage, the new amount will reach 21,252.5 Turkish Lira, and if 30 percent is applied, it will reach 22,102.6 Turkish Lira.