Decision of Minimum Wage Determination Commission 5 January 2018

Decision of Minimum Wage Determination Commission 5 January 2018

Decision of Minimum Wage Determination Commission

Minimum Wage Determination Commission determined the single minimum wage at national level to be effective between 1.1.2018 and 31.12.2018.

Minimum wage determined as 67,25 Turkish Liras in exchange for a worker’s daily work.

The Commission announced the  gross minimum wage for the above mentioned period as  2.029,50 TL.

Calculation of Net Minimum Wage Account (TL/Month)

Gross Minimum Wage:   2.029,50

Social Security
Institution Premium %14:  284,13

Unemployment Premium %1  : 20,30

Income Tax %15(*) :  106,55

Minimum Living Allowance : 152,21

Stamp Duty % 0,759 : 15,40

Stoppage Sum : 426,38

Net Minimum Wage (**)                                                                          1.603,12              

 Enforcement

Enforcement date is between 1.1.2018 and 31.12.2018.

Related Links

http://www.resmigazete.gov.tr/eskiler/2016/12/20161230-22.pdf                                      

https://www.csgb.gov.tr/home/Contents/Istatistikler/AsgariUcret

2018-01-06T20:54:48+00:00