2023 MINIMUM WAGE FOR THE SECOND SIX MONTHS ANNOUNCED

CALCULATION OF THE NET MINIMUM WAGE AND ITS COST TO THE EMPLOYER (BY YEAR)

• Daily and Monthly Minimum Wage by Years (07/01/1974 - 12/31/2023)
• Net and Gross Minimum Wage by Years (08/01/1996 - 12/31/2023)

CALCULATION OF THE NET MINIMUM WAGE AND ITS COST TO THE EMPLOYER 
 Prepared by the General Directorate of Labour / Department of Labour Statistics.

07/01/2023 - 12/31/2023

 CALCULATION OF THE NET MINIMUM WAGE (TL / MONTH)

COST TO THE EMPLOYER (TL/MONTH)

Note 1: In accordance with Article 2 of the Law on the Currency of the Republic of Türkiye, dated 01/28/2004, No. 5083, for the payment of amounts in conversion of Turkish Lira values into new Turkish Lira and transactions made in New Turkish Lira, values of half a penny and above are paid as one New Penny; values below half a New Penny are not taken into account.

Note 2: Income Tax and Stamp Duty have not been calculated.

(*) The amounts have been calculated  according to the subparagraph (ı) of Article 81 of the Law No. 5510 to employers who meet the requirements specified in the subparagraph since a 5-point discount on the employer's share of the social security premium is provided. For employers who do not meet the requirements, the employer's share of the SSI premium is 20.5%. Along with the amendment based on Article 9 of the law No. 6385, Article 81 of the law No. 5510, which is effective as of 09.01.2013, postulates that “The premium rate for short-term insurance branches is 2% of the insured's premium-based earnings."

CALCULATED AMOUNTS ARE ONLY FOR INFORMATION. NO LIABILITY ADMITTED

CALCULATION OF PREVIOUS MINIMUM WAGES