Newsletter on the Change of Minimum Wage
The Decision of the Minimum Wage Determination Commission (“Decision”) has been published by the Ministry of Labor and Social Security in the Official Gazette dated June 24, 2023.
As per the Decision, minimum wage for one day of normal work for all kinds of employees working with an employment contract, regardless of whether covered by the Labor Law, has been determined as TRY 447,15 between 01.07.2023 and 31.12.2023.
In this respect, monthly minimum wage will be applied as gross TRY 13.414,50 (net TRY 11.402,33) between 01.07.2023 and 31.12.2023.
In addition, pursuant to the Decision, it has been announced that the minimum wage support given to employers will be TRY 500 between 01.07.2023 and 31.12.2023.