At the beginning of each year, the minimum wage, severance payments and administrative fines prescribed by the Labour Act are revised. Minimum wage. National monthly minimum wage increases to 2,324 Turkish Liras ISTANBUL. ← Back to International Minimum Wages Home. Turkey’s monthly minimum wage is to increase for 2020, the government of Turkey said in a notice (Turkish).. However, the states have the power to increase the federal minimum wage as 29 of them did. State Minimum Wages | Effective for 2020, Turkey’s gross monthly minimum wage is to be 2,943 Turkish lira (U.S. $494.63), up from 2,558.40 Turkish lira (U.S. $429.99) for 2019. Turkey's yearly minimum wage is $7,069.00 in International Currency. View Sitemap. Let us know in a single click, and we'll fix it as soon as possible. As of 1 January 2020, this has increased to TL2,943.00 (gross). (Bloomberg) -- Turkey’s minimum wage, earned by almost a third of the workforce, has been raised by 15% for 2020, after dissatisfaction with the economy hurt President Recep Tayyip Erdogan’s ruling party in municipal elections. The Minimum Wage Commission has announced the gross minimum wage for 2020 as 2.943 TL, with an increase of 15.03%.. The minimum wage in Turkey is 2324 lira. Help us keep Minimum-Wage.org up-to-date! There are 27 countries with a higher Minimum Wage then Turkey, and Turkey is in the top 14 percent of all countries based on the yearly minimum wage rate. $210,721.00 USD. Turkey, Economy Turkey to raise minimum wage 15% in 2020 Net minimum wage for single people to amount to 2,324 Turkish liras ($391.5) a month, starting from Jan. 1 The minimum wage for a married and three-child worker was 2,999 lira 21 cents, including the AGI. 27 / 197. Turkey will increase the minimum wage by 26 percent in 2019, for a monthly minimum wage of 2,020 lira ($381), the labour minister said on Tuesday. Content © 2020 Minimum-Wage.org, all rights reserved. 3,837 Turkish liras. Türk İş, Hak- İş and DİSK, said the government and employers must agree to set the minimum wage for workers at a net 2,578 lira ($436) per month for next year. The prices have increased by 16.37 percent in the first 11 months. Turkey has a government-mandated minimum wage, and no worker in Turkey can be paid less then this mandatory minimum rate of pay. The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours), San Marino (37.5 hours), Belgium (38 hours), United Kingdom (38.1 hours), Ireland (39 hours), Monaco (39 hours), and Germany (39.1 hours). Turkey's Minimum Wage is the lowest amount a worker can be legally paid for his work. Contact. Turkey's minimum wage was last changed in 1-Jan-2016. In 2020, the national minimum wage in Turkey remained fixed at 440.3 € per month, that is 5,284 euros per year, taking into account 12 payments per year. How a higher minimum wage can benefit workers and employers in 2020 ... minimum-wage workers must take on two or even three jobs to make ends meet. About the Minimum Wages Database (English) This page is maintained by Maascetveli.org and Wageindicator.org, 2020 Minimum Wages - Turkey - Archive Archive from 2019 on. In 2019 the monthly minimum wage rate was TL2,558.40 (gross). While the minimum wage in Turkey was nearly US$385 in January 2020, it has decreased to near US$270 (now it is US$295), generally below the minimum wage in China. Turkey’s hunger line for a family of four spiked by 34 liras in November, while the sum of essential spending increased by 112 liras, as revealed by data from the Confederation of Turkish Trade Unions (Türk-İş). $7,069.00 USD. Turkey Minimum Wage Rate 2020 Appx. "Because we are experiencing a period in which purchasing power has decreased the most due to a crisis that started in 2008 and continued until today. International Currency is a measure of currency based on the value of the United States dollar in 2009. This site is a free public service not affiliated with the Department of Labor or any governmental organization. This is a list of the official minimum wage rates of the 193 United Nations member states and former members of the United Nations, also including the following territories and states with limited recognition: Northern Cyprus, and Kosovo and other independent countries. Some countries may have a very complicated minimum wage system; for example, India has more than 1202 minimum wage rates. Meanwhile, monthly living expenses for a single person totals 3,073 liras, nearly 50 percent over minimum wage. Turkey will increase the minimum wage by 15.03% in 2020, for a monthly net minimum wage of 2,325 Turkish lira ($392), the labor minister said on Thursday. In the long-term, the Turkey Living Wage Family is projected to trend around 2900.00 TRY/Month in 2021 and 3200.00 TRY/Month in 2022, according to our econometric models. The minimum wage in the United States is $7.25 per hour, the 12th highest in the world. When I had landed my first job as an engineer in 2016, I was offered a comical 1300 lira wage, while the minimum wage was also 1300 lira at the time. Minimum Wages in Turkey averaged 692.54 TRY/Month from 1990 until 2020, reaching an all time high of 2943 TRY/Month in the second quarter of 2020 and a record low of 1.50 TRY/Month in the fourth quarter of 1992. Turkey announced on Thursday the country’s minimum wage for 2020 would be a net 2,324 Turkish liras ($392) per month after weeks-long annual pay talks between labour unions and employers, Bianet reported.. Family, Labor and Social Services Minister Zehra Zümrüt Selçuk said the minimum wage was increased by 15 percent, from 2,020 lira ($340) per month last year. With the planned wages, our workers can not even live on10 days," said Nazmi Irgat, secretary of Türk-İş in charge of training. Click any state for details about the minimum wage, exemptions, and other state labor laws. Trade unions objected to the government's minimum wage decision, saying that it was not enough for workers. Turkey’s minimum wage, earned by almost a third of the workforce, has been raised by 15% for 2020. Gross Min Wage “The expected year-end inflation rate was forecast to be 12 percent,” Selçuk said. Median Salary The median salary is 7,830 TRY per month, which means that half (50%) of the population are earning less than 7,830 TRY while the other half are earning more than 7,830 TRY. Family, Labor and Social Services Minister Zehra Zümrüt Selçuk said the minimum wage was increased by 15 percent, from 2,020 lira ($340) per month last year. Federal Minimum Wage | The minimum wage in the Turkish Labor Law of 2020 for citizens who work as sellers, marketers, sales experts, and similar jobs is 1.5 times the minimum wage of 2,558, i.e. The net minimum wage will be 2.324,70 TL, together with the AGI (MLA – Minimum Living Allowance) for single employees or employees with working spouses. You can find a list of highest and lowest minimum wage rates here. It is very likely that already high levels of poverty in Turkey will rise to unprecedented levels.

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