Business Standard

Turkey hikes minimum wage by 22%, far short of demands by labour

The monthly net minimum wage will be 2,826 liras ($377), Labor Minister Zehra Zumrut Selcuk said in Ankara on Monday

Turkey, Turkish, lira
Premium

About half of all workers in the country of 83 million people earn a monthly salary at or near minimum wage

Taylan Bilgic | Bloomberg
Turkey’s minimum wage will rise 22 per cent next year, challenging efforts to keep down inflation while dismaying unions that found it insufficient to address the economic hardships caused by the coronavirus pandemic.

The monthly net minimum wage will be 2,826 liras ($377), Labor Minister Zehra Zumrut Selcuk said in Ankara on Monday. 

About half of all workers in the country of 83 million people earn a monthly salary at or near minimum wage, according to a study by labour confederation DISK.

“Considering the loss of incomes due to the pandemic, the new minimum wage had become even more important for employees,” said

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in