What is the noticeable growth rate of the minimum wage?

SAFAKNA TURKEY – The process of determining the new minimum wage, which directly affects more than 7 million workers and indirectly all citizens, continues within the previously determined schedule. The Minimum Wage Determination Commission, whose first meeting was held on December 7 at the Ministry of Labor and Social Protection, held its second meeting yesterday at 14:00 in the Ministry. At this meeting, important in terms of defining the scope of the negotiations, the main economic data were discussed.


Representatives of the Ministry of Finance, Finance and Trade and the Turkish Statistical Institute (TUIK) shared economic data and reports with the commission. Speaking after the meeting, Pevrul Kavlak said that figures were not discussed at the meeting. TİSK General Secretary Akansel Koç also stated that at the meeting they reaffirmed their demand to support the minimum wage. Türk-Ish has previously drawn attention to the 7,785 lira hunger limit and said it was a red line in the bidding. Negotiations are expected to continue above this amount.


In a survey conducted by the Ministry of Labor throughout Turkey, the total expected minimum wage was 7,845 liras. Inflation is expected to be around 40 percent in 2023. The probability of an increase in the range of 40-50 percent comes to the fore. The minimum wage is expected to be announced before the end of this month after the third meeting. As negotiations on the minimum wage continue, Minister of Labor and Social Protection Vedat Bilgin said yesterday:


“The minimum wage also increases the wages of other employees. I believe that, having left today’s (yesterday’s) meeting as a kind of compromise, we will agree on wages that will lower the minimum wage. We must formally sign it within this month. This time, I believe we will do so by broad consensus. We have an important minimum wage meeting this week. After the meeting is over, we will make an assessment and share it with the public.”


Journalists “What is the technical problem with EYT, is it age?” When questioned, Minister Bilgin said: “I don’t know how the connection between the technical problem and age was made, but the technical problem is record problems. I say the problems are solved. “We are building infrastructure. In other words, we are entering into an agreement that will cover all the people who will benefit from this, ”he said. President Recep Tayyip Erdogan said in a statement ahead of his visit to Turkmenistan yesterday: “We will complete our consideration of the EYT issue by the end of this month.”

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