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Türkiye raises minimum wage by 30% for 2025

Türkiye raises minimum wage by 30% for 2025
# 25 December 2024 01:28 (UTC +04:00)

Labor and Social Security Minister Vedat Işıkhan announced the minimum wage in Türkiye as TL 22,104 ($630.36) for 2025, up 30% from the previous year, APA reports quoting Daily Sabah.

Işıkhan made the announcement in a news conference following the fourth meeting of the Minimum Wage Determination Commission on Tuesday.

The commission held three other meetings on Dec. 10, 16 and 19, attended by the Confederation of Turkish Labor Unions (Türk-Iş), which represented the workers and the Turkish Confederation of Employer Associations (TISK) representing employers.

The minimum wage for a worker is currently set at around TL 20,000 (around $577), gross per month, and TL 17,002 net after deductions.

Türk-Iş did not attend the latest meeting in protest, reports said.

Turkish authorities hiked the minimum wage by 49% this year but have skipped the midyear increase, unlike a year ago, while tackling inflation.

Market expectations for the January minimum wage hike stood at around 25%. Türk-Iş had requested TL 29.583, a 70% hike.

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