All eyes were on the minimum wage increase in January. While civil service salaries and pensions temporarily increased in July, the minimum wage remained at 22 thousand 104 lira. Following the downward trend in inflation, a temporary increase in the minimum wage is no longer on the agenda and the new year begins to look forward to it. The “Triple Advisory Panel” comprising workers, employers and government representatives on the minimum wage will meet on October 21. The panel will discuss the work of the Minimum Wage Determination Committee. The calculation of the minimum wage has begun. So what will the minimum wage be in January 2026? Below are the new calculations on increasing the minimum wage…
Many economic conditions are considered when determining the minimum wage. As is the case with civil servants and pensions, salary increases are not directly based on inflation. The Ministry of Finance and Finance and the Ministry of Labor and Social Security continue their efforts to increase the minimum wage. Before the Minimum Wage Determination Committee is discussed in December, a “Tripartite Advisory Panel” will meet, chaired by the Ministry. At this meeting, views will be exchanged on the structure and functioning of the committee. New calculations of the minimum wage have attracted attention. So how much will the minimum wage increase? Below are the latest developments related to the minimum wage increase…The tripartite advisory panel, comprised of workers, employers and government representatives, will meet on October 21 to discuss the work of the Minimum Wage Determination Committee. At the meeting organized by the Ministry, the parties will exchange views on the structure and operation of the Minimum Wage Determination Committee before negotiations on the minimum wage will begin in December.Economists predict the January 2026 increase will be between 30 and 40%. The current minimum wage paid is 22 thousand 104 liras. In case the minimum wage increases by 30%, it will increase to 6 thousand 631 liras. If the increase rate is reduced to 35%, the current minimum wage will increase by 7 thousand 736 liras. If the minimum wage increase is 40%, the increase will be 8 thousand 841 liras. You can find the calculation done on the rate of increase below.In case of a 30% increase, the minimum salary will be 28,735 TL. In case of a 31% increase, the minimum wage will be 28,956 TL. In case of a 32% increase, the minimum wage will be 29,177 TL. In case of a 33% increase, the minimum salary will be 29,398 TL. In case of a 34% increase, the minimum wage will be 29,619 TL. In case of a 35% increase, the minimum salary will be 29,840 TL.In case of a 36% increase, the minimum wage will be 30,061 TL. In case of a 37% increase, the minimum salary will be 30,282 TL. In case of a 38% increase, the minimum salary will be 30,503 TL. In case of a 39% increase, the minimum wage will be 30,724 TL. In case of a 40% increase, the minimum salary will be 30,945 TL.
Minister of Agriculture and Forestry İbrahim Yumaklı announced that support of 13 billion 221 million lira will be made to farmers affected by agricultural frost in the first...
The countdown has begun for the Black Friday sales that shopping enthusiasts are eagerly waiting for. This year, the campaigns will start in the last days of November....
Gold prices are directly monitored by investors from time to time. While the Dollar and Euro started the week on the rise, volatility in gold ounce prices continued....
Minister of Labor and Social Security Vedat Işıkhan announced that applications for participation in the İŞKUR Youth Program have begun. University students participating in the program will receive...
